Yum China and Lavazza Bring Buffalo Milk Latte to Hong Kong, Targeting 10 Stores

As of October 16, Lavazza has opened its fifth Hong Kong store, according to a Yum China press release. Last November, the Lavazza-Yum China joint venture team opened their first Hong Kong location. Now, plans have been made to reach around 10 stores in the coming months.

The Lavazza partnership with Yum China is one to watch for foodservice operators as the Asian business is the largest restaurant company in China, and operates more than 19,000 restaurants under six brands across...

Subway Rolls Out New EMEA Restaurant Format to Support Expansion

Subway is rolling out a new restaurant concept across Europe, the Middle East and Africa as it looks to modernize the guest experience and nearly double its footprint in the region over the next five years. Starting Jan. 1, 2027, all new Subway restaurants and remodels across EMEA will follow the company’s new Blueprint format, which updates restaurant design, ordering technology, menu offerings and branding.

The first Blueprint locations opened this summer in the Netherlands and the UK. Subway said elements of the format will be adapted based on market and site demand.

Starbucks Divests Majority of China Operations to Boyu Capital

On November 3, Starbucks sold up to 60% of the company’s retail operations in China to investment firm Boyu Capital, according to a financial release from the global coffee chain which values their Chinese business to exceed $13 billion. 

“Under the agreement, Boyu and Starbucks will operate a joint venture with Boyu holding a up to 60% interest in Starbucks retail operations in China,” read the release...