Starbucks’ latest results show how a shift to licensing changes reported revenue—and why investors and operators need separate measures of demand and economics.
DFI Retail Group’s proposed reorganisation would bring a 1,100-plus-store Starbucks licensed business across seven Asian markets under direct control, while releasing approximately US$340 million in cash.
Shake Shack, the iconic American fast-casual chain, is set to enter the Vietnamese market with plans to open 15 locations by 2035, reinforcing its presence in the Asia-Pacific region. The first Vietnam Shack is scheduled to open next year, offering fan favorites such as the ShackBurger, Chicken Shack, crinkle-cut fries, hand-spun frozen custard, and ShackMeister…