MAM
Favre-Leuba appoints Vijesh Rajan as business head
MUMBAI: Swiss watch brand Favre-Leuba has announced the appointment of Vijesh Rajan as business head and the new spokesperson for the brand. After the successful tenure of Thomas Morf, the CEO and spokesperson of the brand under whose leadership the brand was relaunched with a modern dynamic outlook yet retaining its rich legacy, Rajan has come on-board with a vision to position Favre-Leuba as an iconic brand in the Swiss watch industry, a status that befits its rich and glorious history and legacy.
He has previously been a part of the parent company of Favre-Leuba and has successfully worked for Titan in the watch industry for close to two decades. Having worked in several leadership positions he has handled multiple facets of the watch industry across all key global markets.
Speaking on his new role, Rajan said: “I’m extremely excited to join the Favre-Leuba team in Switzerland. Favre-Leuba has been working in the last few years to build a solid pipeline of path-breaking products and a strong brand proposition. Over the next few years, I look forward to take the brand to the right markets in the most effective and efficient manner. I resonate with the brand’s aesthetic of Conquering Frontiers and hope to do complete justice to its vision.”
He brings with him a rich experience across sales, distribution, retail, product development, consumer research, marketing, business development, channel & partner management, operations, strategic planning, P&L responsibility, leading diverse teams across multiple International markets, capability and competency development, and more.
His width and depth of skills for managing businesses is seen as pragmatic and positive as Favre-Leuba embarks on conquering new frontiers with him.
Brands
Jubilant Foodworks to end Dunkin’ franchise in India
Pizza chain operator will not renew agreement when it expires at end of 2026.
MUMBAI: When the doughnuts stop turning and the coffee goes cold, even a global giant like Dunkin’ can find the Indian market a tough brew to crack. Jubilant Foodworks has decided not to renew its franchise agreement with Dunkin’ when the pact expires on 31 December 2026, according to a Reuters report. The operator, best known for running Domino’s outlets in India, said it would evaluate options for its existing Dunkin’ stores, including a potential sale or transfer of franchise rights, in consultation with the US-based brand.
The decision follows years of underperformance in a market where local tastes and intense competition have made it difficult for international coffee-and-doughnut formats to gain traction. Jubilant, which has increasingly focused on its core pizza business and newer bets like Popeyes, indicated that the exit would not materially affect its financial or operational position.
Dunkin’ accounted for just 0.61 per cent of Jubilant’s revenue in the fiscal year ending 2025 and recorded a loss of approximately Rs 191 million, according to a regulatory filing. The company operated 27 outlets as of December 2025, having shuttered seven stores over the preceding year.
The retreat comes even as Jubilant’s broader business shows signs of momentum. The company reported a 65 per cent rise in quarterly profit for the October to December period, reaching Rs 70.9 crore, up from Rs 42.91 crore a year earlier.
For Jubilant, the exit reflects a sharpening strategic focus. For Dunkin’, it marks another setback in a market that has proven resistant to imported café concepts without significant localisation.
In the cut-throat world of Indian quick-service restaurants, sometimes the sweetest deals are the ones you quietly walk away from leaving more room for the brands that truly rise to the occasion.
