Brands Food & Beverage. News Retail

McDonald’s To Hike Royalty Fees To 5% For New Franchisees

McDonald’s (MCD.N) is increasing royalty fees for new franchise restaurants in the U.S. and Canada, marking the first such adjustment in nearly thirty years. This adjustment will align the fees with what McDonald’s charges in other global markets. Effective from 1 January, the fees will be raised from 4 per cent to 5 per cent. […]

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Brands Companies News Retail

The Burger Company Enters Nepal with Master Franchise Agreement

The Burger Company (TBC), a burger brand, announced its foray into the vibrant culinary landscape of Nepal with a master franchise agreement. Founder Neelam Singh expressed her enthusiasm regarding the expansion into Nepal, aiming to introduce the affordable casual dining experience in a unique Quick Service Restaurant (QSR) format, laden with rich and diverse Indianized […]

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Beauty International News

Canada Bans Animal Testing For Cosmetics

Canada has moved to prohibit animal testing for cosmetics, joining a number of other countries and American states in doing so, CNN reported. The decision was revealed by the Canadian government in a news release on Tuesday this week. According to the news release, Bill C-47 changes the Food and Drugs Act to prohibit both […]

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