Rebel Foods is reportedly considering selling its stake in Smoor due to underperformance, particularly in key markets. This move comes as Rebel Foods restructures operations, including closing offices in Gurugram and Bengaluru, and aims to streamline its focus ahead of a potential public listing. Despite investments, Smoor has faced increased losses, prompting Rebel Foods to re-evaluate its portfolio.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/rebel-foods-considers-stake-sale-in-premium-chocolate-brand-smoor-amid-operational-restructuring/122288751
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/rebel-foods-considers-stake-sale-in-premium-chocolate-brand-smoor-amid-operational-restructuring/122288751