Famous Brands earnings fall by 15% despite improvements in its UK Business

SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 15% fall in headline earnings, while revenue remained flat at around R3.6bn (US$246m) in the six months to end-August. According to its half […]

Famous Brands to take over Kenyan local franchises Steers, Debonairs

KENYA – South African based restaurant franchisor, Famous Brands is set to take direct control over seven outlets of Steers and Debonairs in Kenya previously run by local franchisee Hoggers. Famous Brands is set to […]

Famous Brands reports growth in half year sales despite straining UK business

SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 6% rise in systemwide sales for half year ended August 2019 despite a slump in sales at Gourmet Burger Kitchen (GBK) as it […]

Famous Brands partners with Moving Tactics on digital signage menu boards

SOUTH AFRICA – Famous Brands, South Africa’s leading quick service and casual dining restaurant franchisor, has appointed Moving Tactics as their digital menu board supplier. Moving Tactics, a digital signage solutions company in the country, […]

Famous Brands reports decline in profits amid struggling UK Business

SOUTH AFRICA – Famous Brands, South African restaurant franchisor, posted 5% decline in gross profit to US$246.02 million (R3.6bn) for the year ended February 2019 amid its struggling Gourmet Burger Kitchen (GBK) business. GBK, a […]

Nigeria’s quick service restaurant Mr. Bigg’s launches new outlet

NIGERIA- Nigeria’s quick service restaurant Mr Bigg’s and subsidiary of United Africa Company (UAC) of Nigeria, has opened an outlet in Ogun States as part of its expansion strategy, reports This Day. Speaking during the […]

UK Burger chain write-down pushes Famous Brands into US$37.1m loss

SOUTH AFRICA – Africa’s leading quick-service and casual dining restaurant franchisor, Famous Brands has reported an interim loss of US$37.15 million after announcing earlier that it expected to register a US$61 million impairment from the […]

Famous Brands earnings to be hit by US$61m impairment from UK Gourmet Burger

SOUTH AFRICA – South African restaurant franchisor Famous Brands has announced that it expects to register US$61.06 million (R874m) impairment from its UK restaurant business, GBK which has failed to meet performance expectations, according to […]

Famous Brands sales grow 6.7% even as losses from UK’s GBK more than tripled

SOUTH AFRICA – Famous Brands, JSE listed and Africa’s leading quick-service franchisor has reported 6.7% growth in sales despite a loss from Gourmet Burger Kitchen (GBK) which more than tripled in the UK, Business Day […]