The fast food and coffee franchise group opened 36 net new Mugg & Bean outlets during its last financial year to close the gap on branded coffee shop market leader Vida e Caffè
South Africa’s Famous Brands has reported strong group operating profits and robust outlet growth for its Mugg & Bean coffee chain as the franchised café and fast-food group weathered inflationary headwinds and subdued consumer spending.
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