Starbucks Boycott In Malaysia Pushes Tycoon Vincent Tan’s Berjaya Food To Record Loss

Starbucks Boycott In Malaysia Pushes Tycoon Vincent Tan’s Berjaya Food To Record Loss

The number of Starbucks outlets in Malaysia have fallen to 320 currently from about 408 in June 2024 as some shops were closed amid declining revenue.

Starbucks’ Malaysia Operator Posts Record Loss on Gaza Conflict

The operator of Starbucks in Malaysia saw its net loss plunge to a record low as customers shunned the iconic American coffee brand as a form of protest against the Gaza conflict.

Starbucks Malaysia’s operator posts record loss amid Gaza conflict

Berjaya Food Bhd’s net loss tripled to RM292 million for the financial year that ended in June, says the company.