Chicken franchise sales rise in 2016 despite bird flu, economic slump

The Extinction Chronicles

Sales of South Korea’s major chicken franchises rose last year from the previous year despite the outbreak of avian influenza and weak economic growth, government data showed Wednesday.

Fried chicken and beer, called “chimaek” in South Korea, is one of the most popular foods in the country, as well as soju and samgyeopsal, or grilled pork belly.

(Yonhap)

Kyochon, the biggest franchise, posted a 13-percent increase to 291 billion won ($255 million) last year from $257 billion won a year earlier, according to the statistics compiled by the Financial Supervisory Service.

BHC witnessed a whopping 26-percent surge to 232 billion won last year from the previous year, taking back the status as the country’s second largest chicken franchise.

BBQ slipped to third place with 219 billion won, although up 1.8 percent from the previous year. Goobne Co. came in fourth with 146 billion won in sales last…

View original post 144 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s