Hard Rock shuts ten outlets in India after ending JSM franchise deal

Hard Rock International has ended its licensing statement with JSM Corporation and its affiliated entities, withdrawing their rights to tally each Hard Rock Cafe outlets and Rock Shops successful India.

According to The New Indian Express report, the determination led to the shutdown of 10 locations successful Bengaluru, Chandigarh, Chennai, Hyderabad, Hyderabad Hitech City, Kolkata, New Delhi and Pune.

The work quoted the institution arsenic saying successful a statement: “Hard Rock International has formally terminated its agreements with JSM Corporation and related entities covering the close to run each Hard Rock Cafes and Rock Shops wrong India.”

The Hard Rock Hotel successful Goa is not operated by JSM and volition proceed to run arsenic usual.

Hard Rock International has not provided immoderate mentation for discontinuing the franchise narration with JSM Corporation.

It has besides not indicated whether it aims to re-enter the Indian cafe marketplace with a antithetic spouse oregon concern model.

Launched successful 1971, Hard Rock Cafe has expanded into a worldwide concatenation of casinos, hotels, music-themed restaurants, museums and retail outlets, with operations successful much than 70 countries.

Over time, Hard Rock Cafe became a acquainted marque successful respective Indian metros, processing a pursuing for its unrecorded performances, themed nights and music-centred ambience.

On the different hand, JSM Corporation has established an planetary edifice portfolio with a beingness successful large Indian cities.

Founded successful 2005, JSM besides controls the maestro franchise for US-based California Pizza Kitchen successful India and operates its ain edifice formats, including Shiro and Asilo.

"Hard Rock shuts 10 outlets successful India aft ending JSM franchise deal" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.