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General Mills offloads Häagen-Dazs shops in China
Yahoo Finance· 2026-06-02 20:12
General Mills is selling its Häagen-Dazs shop operations in mainland China to a buyer group that includes QSR chain operator Ningji. The US food giant said the consortium will be granted an exclusive licence to use the Häagen-Dazs brand for ice-cream shops and a gifting business in the market. General Mills said the sale "elevates the company's focus on its brands and channels that provide the strongest opportunities for profitable growth". Financial terms were not disclosed. The deal is expected to close t ...