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One of the most well-known bakery chains in the United States, Magnolia Bakery, was purchased by Zonu Reddy and moved to India. Pret A Manger and Starbucks, owned by Mukesh Ambani and Ratan Tata, respectively, are the main rivals of her in the business.
The US-based Magnolia Bakerys popularity spiked after its 30-second cameo appeared in the popular TV show Sex and the City.
A husband-wife duo was the first one to bring the iconic Magnolia Bakery to India, which has a whopping worldwide revenue of USD 23 million.
Bengaluru (Karnataka) [India] April 27 (ANI/NewsVoir): Since 1996, Magnolia Bakery has been one of America's most cherished bakeshops, setting the standard for delightful and delectable desserts
Get latest articles and stories on Business at LatestLY. Since 1996, Magnolia Bakery has been one of America's most cherished bakeshops, setting the standard for delightful and delectable desserts. Today, the iconic institution is making moves to future-proof the business and transform from a "New York treat to an anywhere eat" with a new brand identity that brings the magic of their desserts to your door. Business News | Jones Knowles Ritchie Helps Magnolia Bakery Bring Their Magic to Your Door.