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The Nexus
BUSINESSJun 1 · 23:00 UTCSCMP WORLDDaisy Wu

Food Republic joins wave of foreign brands retreating in China

Food Republic, a Singaporean food court chain owned by BreadTalk Group, is closing its last Beijing outlet on June 15 after over two decades in the city. This follows a trend of foreign and Hong Kong brands retreating in mainland China due to outdated business models and evolving consumer preferences.

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Food RepublicorganizationBreadTalk GrouporganizationBeijingplaceSingaporeplaceHong Kong brandsorganizationmainland Chinaplace
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