The quick-service hospitality group, which licenses Starbucks stores across 11 markets, will invest $304m to support group expansion in 2023 with a focus on growing the Seattle-based coffee chain in Europe
Mexican quick-service hospitality group Alsea, which operates more than 1,650 licensed Starbucks stores across Latin America, South America and Europe, will invest ₱5.5bn ($304m) to expand and upgrade its global store portfolio this year.
Unlock Allegra intelligence for just £1
£1 for 4 weeks
Then £29 per month. Cancel anytime.What you get:
Daily Coffee 24/7 briefing in your inbox
Weekly Coffee Dose intelligence newsletters
Unrestricted WorldCoffeePortal.com access
5THWAVE Digital Magazine (6 issues/year)
Allegra analyst forecasts & market insights
Already have an account? Sign In