Famous Brands says sales during lockdown have been better than expected
In the SA context, the ban on alcohol sales is really constraining operating conditions in the casual dining segment and evening dining’
24 July 2020 - 19:56
UPDATED 27 July 2020 - 17:07
Famous Brands says its takeaway restaurants, which include Steers and Wimpy, are doing much better than its sit-down venues, which are under ‘acute stress’ that has been worsened by the alcohol ban and curfew.
Famous Brands CEO Darren Hele gave a trading update as the owner of Fishaways, Mugg & Bean and Milky Lane held its AGM on Friday.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now