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retail food group

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Retail Food Group takes drastic measures

27/03/2020

Retail Food Group is standing down or reducing working hours for most of the team as the multi-brand franchisor tackles the coronavirus crisis. The announcement to the ASX comes as

Retail Food Group sees first profits in 3 years

28/02/2020

Donut King and Gloria Jeans owner Retail Food Group has turned a first-half profit for the first time since 2017 after creditors forgave a $72 million chunk of its debt.

Shareholders approve Retail Food Group recapitalisation plan

19/11/2019

The Retail Food Group recapitalisation plans have been bolstered, with shareholders of the embattled franchisor on Tuesday voting to approve the restructure strategy. It comes after the Donut King, Gloria

RFG recapitalisation plan balloons to $190m

15/10/2019

Just days after the beleaguered Donut King, Gloria Jeans and Michel’s Patisserie franchisor announced a $160m capital raising initiative, Retail Food Group (RFG) has doubled down on their plans. Initial

10c a share; $160m RFG capital raising plan revealed

11/10/2019

Embattled franchisor Retail Food Group (RFG) has announced a $150m institutional placement in order to raise $150m in much-needed capital. The RFG capital raising strategy follows a series of announcements

Michel’s Patisserie franchisees take honours despite tough year

09/09/2019

A tumultuous year for Retail Food Group (RFG) branded café chain Michel’s Patisserie hasn’t impacted New South Wales operators, Greg Stevens and Annie Li. The Toronto Michel’s Patisserie franchisees took

Retail Food Group looks ahead as profits fall

02/09/2019

Retail Food Group reported underlying net profit of $15.4 million for the 2019 financial year – 53.7 per cent lower than the prior period’s figure of $33.3 million. RFG noted

RFG director resigns, takes on company consulting role

02/08/2019

Embattled franchisor Retail Food Group’s (RFG) longest-serving director has resigned, just one week after reports raised conflict of interest concerns. In an ASX announcement posted on Thursday, the RFG director

RFG signs property firm to help franchisees

25/07/2019

Multi-brand franchisor Retail Food Group has signed a deal with property leasing firm Business Development Company (BDC). The move signals intent to boost the levels of support available for franchisees

ASIC investigating potential RFG breach

15/07/2019

The Australian Securities and Investment Commission (ASIC) will be keeping a close eye on embattled franchisor Retail Food Group (RFG) following last week’s recapitalisation reports. The corporate regulator will review