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DFI Retail to take over Maxim's Starbucks-licensed business in Asia

Original: DFI Retail to take over Maxim's Starbucks-licensed business in seven Asian markets

DFI Retail Group is set to take over Maxim's Caterers' Starbucks-licensed business across seven Asian markets, according to Reuters. The deal would transfer operations of the licensed Starbucks stores from Hong Kong-based Maxim's to the pan-Asian retailer, reshaping who runs a major slice of the coffee chain's regional footprint. Details on pricing and timing have not been disclosed in initial reports.

Why now: A major ownership change for Starbucks operations across seven Asian markets is significant retail and business news.

DFI Retail GroupMaxim's CaterersStarbucksAsia

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• DFI Retail to take over Maxim's Starbucks-licensed business in seven Asian markets · Reuters

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