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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Rebel Foods explores stake sale in premium chocolate brand Smoor

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

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