Din Tai Fung Archives - Inside Retail Singapore
Expansion-related costs saw Singapore-listed BreadTalk Group’s quarterly profit more than halve despite rising sales.
Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 per cent.
BreadTalk has opened the first Din Tai Fung London restaurant with a local partner.
BreadTalk profit slumped 29.2 per cent in the third quarter.
Diminished returns from BreadTalk Group’s bakeries in Hong Kong and Mainland China saw the division’s sales slip 4.5 per cent.
With a record 91 per cent profit growth, BreadTalk Group says it is ready to soar in a challenging market.
BreadTalk Group has breakthrough 139 per cent profit lift for its third quarter.
BreadTalk profit increased nearly fourfold in the last quarter to $4.43 million, up from $1.15 million.
BreadTalk Group has signed a franchise agreement with the parent of the Din Tai Fung brand of restaurants to take the Taiwanese concept into the UK.
A new Singapore label, Alodd by Aldo Lipari, has been launched by a former Bally regional CEO.
Keppel Land Retail Consultancy plans to turn the rooftop water playground at its 112 Katong mall into a F&B area.