Brands
Siddharth Suri returns to Moët Hennessy India as managing director
MUMBAI: The champagne is flowing again. Siddharth Suri has been appointed managing director of Moët Hennessy India, marking a homecoming to the LVMH-owned spirits house where he previously spent over five years. Most recently business head for away-from-home, restaurant and travel retail at Hindustan Coca-Cola Beverages, Suri brings extensive leadership credentials from across the luxury and fast-moving consumer goods sectors.
His career spans more than 20 years in sales, marketing and business development. At Diageo India, where he worked for four years until early 2024, he served as national head of strategic key accounts and country lead for Middle East, Africa and Asia-Pacific emerging markets, driving international sales from Dubai.
Suri’s earlier tenure at Moët Hennessy included roles as sales director for India travel retail and domestic markets, overseeing operations across India, Sri Lanka, Maldives, Bangladesh, Nepal and Bhutan. He also held senior positions at Pernod Ricard India, including head of region operations and head of sales operations in New Delhi, and at PepsiCo India, where he rose to general manager for market development in Mumbai and zonal sales head for Maharashtra and Goa.
A graduate of the International Management Institute with a postgraduate diploma in sales, distribution and marketing operations, Suri has built a reputation for transforming and scaling businesses across India and emerging markets.
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.
