$5.5million ice cream war ends with receivership - News Summed Up

$5.5million ice cream war ends with receivership


The franchise-holder was told to change ice cream supplier. A three-year battle over ice cream has ended in the receivership of Shake Shed & Co.Cone Enterprises, the master franchise owner of 27 Shake Sheds nationwide, went into liquidation on February 12. The legal fight has its origins in the decision by the Singaporean-based owners of Wendy’s Supa Sundaes, Global Food Retail Group (GFRG), to switch ice cream suppliers. 123rf A change in ice cream suppliers led to a two-year court battle. Xi refused, saying that the proposed new supplier was too expensive and that its ice cream was inferior to the existing supplier.


Source: Stuff June 15, 2020 21:22 UTC



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