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Jollibee Foods to Acquire 70% of Compose Coffee Stake for $238 Million

Jollibee Foods, the Philippines’ leading fast-food chain, announced a significant move towards global dominance in the coffee market. The company is acquiring a majority stake in Compose Coffee, a South Korean coffee chain, for a total of $340 million. Jollibee Worldwide Pte, a subsidiary of Jollibee Foods, will hold the majority stake, 70% in Compose Coffee, valued at $238 million, while their affiliated Titan Fund will hold an additional 5%. The remaining 25% will be owned by private equity firm Elevation.

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Roblox Gets Real: E.l.f. Beauty Launches In-Game Shopping

E.l.f. Beauty has expanded its collaboration with Roblox to pioneer real-world commerce on the platform. Supported by Walmart, this initiative features a virtual kiosk in the E.l.f. Up! experience, offering limited-edition physical products and digital items. The move highlights E.l.f.’s commitment to cruelty-free beauty and innovative social commerce, engaging their vibrant Roblox community.

Read Time:3 Minute, 6 Second

Paris Couture Week Kicks Off with Schiaparelli Dramatic Display

Paris Couture Week commenced with a breathtaking start as Schiaparelli presented “The Phoenix.” Held in the elegantly staged basement of the Hotel Salomon de Rothschild, the show captivated audiences with models draped in transparent crepe veils and illuminated by focused beams of light. Creative director Daniel Roseberry’s surrealist vision merged timeless elegance with innovative flair, setting an impressive tone for the week ahead.

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