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0.00158027812895072 0.0037926675094817 0.000632111251580265 0.000316055625790188 -0.00979772439949427 -0.0132743362831858 -0.0132743362831858 -0.0104298356510745
Stock impact report

'Krunchy Dream' welcomes Russian customers after Krispy Kreme exit [Reuters]

Krispy Kreme, Inc. (DNUT) 
Company Research Source: Reuters
MOSCOW, Nov 21 (Reuters) - Russians craving a doughnut fix can now visit 'Krunchy Dream', a string of new cafes opening where U.S. chain Krispy Kreme Inc (DNUT.O) shops once stood, as the latest imitation Western brand hits Russian streets. Soon after Russia launched what it calls a "special military operation" in Ukraine, Krispy Kreme suspended all shipments of doughnut making supplies and ingredients to Russia and ended the agreement with its lone Russian franchisee. The U.S. chain was one of scores of Western firms to leave the country and other apparent imitations have since sprung up in Russian cities, with Stars Coffee running coffee shops formerly owned by Starbucks Corp (SBUX.O) and "World of Cubes" filling the void left by Danish toymaker Lego. A company owned by restaurateur Arkady Novikov, Krispy Kreme's former franchise partner, applied to register the Krunchy Dream trademark in late September, the RBC daily reported on Monday. Novikov Group and Krispy Kreme did n Show less Read more
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