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Cooks Global sees difficult year ahead for cafes

Dan Brunskill
Tue, 30 Jun 2020

Dan Brunskill
Tue, 30 Jun 2020
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International coffee franchiser Cooks Global Foods is pressing on with cafe acquisitions despite not expecting trading to return to near-normal until the second half of the 2021 financial year. Cooks executive chair Keith Jackson said the coming year will be marred by the impact of the covid-19 outbreak and the related shutdowns in all markets. Despite this the group has been continuing with plans to acquire a new chain in the United Kingdom. This month’s purchase of the Triple Two chain, for an initial payment of $7.5 million, adds 13 fr...

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Law & Regulation
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