Cooks Global sees difficult year ahead for cafes

Tue, 30 Jun 2020

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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