Arab Today, arab today baskinrobbins scoops up customers
Last Updated : GMT 08:58:16
Arab Today, arab today
Arab Today, arab today

Baskin-Robbins scoops up customers

Arab Today, arab today

Arab Today, arab today Baskin-Robbins scoops up customers

Dubai - Arabstoday

Baskin-Robbins, the UAE\'s biggest ice-cream company, says margins are being hit this year by a combination of rising commodity costs and government restrictions on the price of its scoops.The company\'s cost base has increased by 8 per cent this year, with its priciest ingredients, cream and sugar, rising 65 per cent over the past year.The franchise wants to increase its price by Dh1, only the third increase in 32 years of operating in the UAE, but this has been rejected by the Government.At the start of the year, the Ministry of Economy introduced restrictions on price increases at restaurants and food outlets to ensure customers did not fall victim to unscrupulous jumps in prices as the cost of commodities around the world rose.\"We have been hurt big-time,\" said Manoj Loya, the general manager for Galadari Ice Cream, the licensee for Baskin-Robbins in the GCC. \"You have to appreciate the fact that everything that we have in our store comes from different parts of the world, and the cost of raw materials has gone up everywhere.\"Despite the restrictions on its business, Baskin-Robbins is enjoying strong growth this year across its stores in the UAE and wider Middle East.Same-store growth is up 6 to 7 per cent in the first seven months of the year compared with the same period last year.Overall revenue growth is up 15 per cent as the company continues to expand across the region.Baskin-Robbins has more than 500 stores in the Middle East, including 135 in the UAE, and aims to open another 70 this year in the region. Each store costs US$100,000 (Dh367,290) to $150,000 to set up, and the company is spending about $5 million in expanding the infrastructure and logistics required to service its stores. \"We are growing very, very aggressively this year,\" Mr Loya said.\"We are talking about spending a good few million dollars.\"Baskin-Robbins has benefited from the number of tourists visiting the UAE this year. Outlets in Dubai Mall and Mall of the Emirates have been performing strongly, as well as stores in Abu Dhabi, Mr Loya said.\"As for the segment we are in, the size of the piece is growing,\" he added. Baskin-Robbins plans to launch four flavours next year that will be permanent fixtures on its menu.They will all be low in fat and have no added sugar.\"If you talk about fat content, our products have anything from 8 to 11 per cent fat in them,\" Mr Loya said.The new Bright Flavours will be about 3 per cent fat. \"We are trying to be as responsible as possible,\" Mr Loya said. \"People come to Baskin-Robbins to treat themselves, it is not being eaten every day.\" From / The National

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today baskinrobbins scoops up customers Arab Today, arab today baskinrobbins scoops up customers

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday