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LATEST NEWS FOR Famous Brands Ltd.  

Famous Brands is a holding company listed on the JSE Ltd. (JSE) under the category Consumer Services: Travel and Leisure. The Group is Africa’s leading branded food services franchisor. Famous Brands’ vertically integrated business model comprise... [more info]
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Taste loses its appetite, will exit Starbucks and Domino’s

Taste loses its appetite, will exit Starbucks and Domino’s

Hilton Tarrant /
4 November 2019
  22
But who would be mad enough to buy these assets?
Low food inflation and Brexit uncertainty weigh on Famous Brands

Low food inflation and Brexit uncertainty weigh on Famous Brands

Moneyweb /
28 October 2019
Although CEO Darren Hele is pleased with 'solid' interims.
Woolworths quits Ghana in second retreat from West Africa

Woolworths quits Ghana in second retreat from West Africa

Andre Janse van Vuuren and Janice Kew, Bloomberg /
31 July 2019
  3
Woolworths closes its two stores in the region.
Famous Brands soldiers on despite ‘very subdued environment’

Famous Brands soldiers on despite ‘very subdued environment’

Moneyweb /
29 May 2019
The key December/January trading period dented FY revenue.
Global markets turn red as trade wars continue to brew

Global markets turn red as trade wars continue to brew

Moneyweb /
29 May 2019
China retaliates by striking the US where it hurts, in the rare earths.
Five things making headlines in South Africa today

Five things making headlines in South Africa today

Moneyweb /
29 May 2019
Pepkor, Famous Brands and Vukile Property Fund results, Nampak's glass business negotiations ongoing, Ramaphosa's delayed cabinet announcement.
Tenants line up for space in Joburg’s bombed-out CBD

Tenants line up for space in Joburg’s bombed-out CBD

Colin McClelland  /
27 March 2019
  17
National retailers set to sign leases in mixed-use renewal project.
Famous Brands warns of earnings drop on load shedding, Brexit

Famous Brands warns of earnings drop on load shedding, Brexit

Moneyweb /
12 March 2019
With its two primary markets facing challenges, will the company recover?
Famous Brand’s UK burger chain shuts 14 struggling stores

Famous Brand’s UK burger chain shuts 14 struggling stores

Nqobile Dludla, Reuters /
11 December 2018
The stores are struggling with subdued consumer spending, rising labour costs, higher business property taxes and growing online competition.
Famous Brands feels the pain of its UK burger chain investment

Famous Brands feels the pain of its UK burger chain investment

Arnold Segawa /
30 October 2018
  1
Revenue up 5.4% to R3.6bn but GBK operating loss widens 209% to R45.3m.
Five things making headlines in South Africa today

Five things making headlines in South Africa today

Moneyweb /
29 October 2018
MTN quarterly update, Famous Brands, Raubex and enX results, M3 money supply and private sector credit data.
Famous Brands’s GBK burger chain files for bankruptcy protection

Famous Brands’s GBK burger chain files for bankruptcy protection

Nqobile Dludla, Reuters /
24 October 2018
  2
Shares in Famous Brands up on the news.
Famous Brands sees R874m impairment as UK burger business struggles

Famous Brands sees R874m impairment as UK burger business struggles

Nqobile Dludla, Reuters /
15 October 2018
  1
The company expects the sustained underperformance of its UK Gourmet Burger Kitchen (GBK) business to record an operating loss of 2.6 million pounds.
Is Famous Brands about to give up on its R2bn GBK problem?

Is Famous Brands about to give up on its R2bn GBK problem?

Hilton Tarrant /
20 August 2018
  18
The business is losing nearly R2 million a week …
Gourmet Burger Kitchen proving ‘septic’ for Famous Brands

Gourmet Burger Kitchen proving ‘septic’ for Famous Brands

Janice Kew and Loni Prinsloo, Bloomberg /
17 August 2018
  5
Famous Brands' chain of restaurants has not been delivering desired returns, as sales declined in the most recent reporting period.

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