Malaysia Starbucks Owner Considering Abandoning Starbucks Agency Due to Losses from Boycott
Malaysia’s Starbucks is reportedly facing a drastic financial crisis, reporting a staggering $10 million loss in sales in the wake of a massive pro-Palestine boycott campaign.
According to financial reports, Starbucks’ share price dropped by 7%, alongside a 20% decline in sales in Malaysia.
“BFOOD” company, Starbucks’ owner in Malaysia, is allegedly considering to “abandon” the Starbucks agency.
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