Companies / Retail & Consumer

News Leader

WATCH: Why Taste has lost its appetite for fast-food

Business Day TV spoke to Taste CEO Duncan Crosson about the strategy shift at the group

17 December 2019 - 10:37 Business Day TV
Taste is now looking to become a pure luxury retail group comprising NWJ, Arthur Kaplan and World's Finest Watches. Picture: REUTERS
Taste is now looking to become a pure luxury retail group comprising NWJ, Arthur Kaplan and World's Finest Watches. Picture: REUTERS

It's been a tough six months for Taste Holdings. The group reported interim results last Friday, posting a 10% fall in revenue.

The group’s headline loss per share narrowed, but that was mainly the result of a rights issue earlier in 2019. Taste is now looking to become a pure luxury retail group comprising NWJ, Arthur Kaplan and World's Finest Watches.

CEO Duncan Crosson spoke to Business Day TV about where this new strategy will take the business.

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The South African franchise of Domino’s is the last remaining food business of Taste Holdings, which is shifting its focus to luxury goods
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Taste Holdings CEO Dylan Pienaar steps down

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No fat profits amid fast-food slump

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