Famous Brands cuts funding to its loss-making UK fast food business

SOUTH AFRICA – Famous Brands, South African restaurant franchisor will cut funding to its long-time struggling British fast food operation, Gourmet Burger Kitchen, due to deterioration in sales caused by the coronavirus pandemic. The SA […]

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 […]