Krispy Kreme

Krispy Kreme Sweet Sell-Off

Krispy Kreme is on the move again. This time, it’s not about the doughnuts; it’s about their late-night companion, Insomnia Cookies. Krispy is looking to sell its majority stake in Insomnia Cookies. Here’s the story in the land of sweet treats.

A Shift in Focus

Krispy Kreme, the iconic doughnut maker, is eyeing some strategic changes. They’re considering various options, including a full-cash sale of their majority share in Insomnia Cookies. Why? It’s all about getting back to their doughnut roots.

Bite-Sized History

Back in 2018, Krispy Kreme took the majority slice of Insomnia Cookies. The deal got the backing of JAB Holding, a European investment firm. This acquisition clocked in at less than $500 million, according to sources. But times change, and now Krispy is rethinking this cookie-doughnut combo.

Successful Sweets

Krispy Kreme CEO Mike Tattersfield noted that the partnership with Insomnia Cookies was all about boosting e-commerce, digital capabilities, and helping the cookie chain spread its wings both in the U.S. and internationally. Mission accomplished. Now, it’s time for the next chapter.

Krispy Kreme’s Second Go-Round

Krispy Kreme made a sweet return to the public market in 2021. The implied value? A whopping $2.7 billion. This followed their initial public offering back in 2000, but the company went private again in 2016 when JAB Holding took the reins.

Late-Night Cookies Rising

Insomnia Cookies, founded in 2003 by Seth Berkowitz, a student at the University of Pennsylvania, is known for its cookies that satisfy cravings well into the early morning hours. They’re often strategically located near college campuses, providing students with a sugar rush during their late-night study sessions. The chain has had quite the growth spurt, with revenue tripling since 2017, according to Krispy Kreme. In 2018, they had around 135 locations; now, they’re at 250 and counting.

The Sweet Farewell

Seth Berkowitz, the CEO of Insomnia Cookies, expressed his gratitude for the partnership with Krispy Kreme during this period of incredible growth. As Krispy takes this strategic step, it marks the end of an era of sweet collaboration.

So, while the Krispy Kreme doughnuts will keep rolling, the future of Insomnia Cookies is poised for a fresh batch of possibilities.


anti hangover soup

Anti-Hangover Soups: Getting Rid of the Post-Party Blues the Korean Way

If you’re a big fan of Korean dramas, you’ve probably seen characters enjoying a drink or two quite often. And when it comes to getting rid of the inevitable hangover, the secret weapon is none other than the famous anti-hangover soups. No need to argue about it—drinking is totally legal in Korea for folks who are 20 and up.

The word “pengar” might make some people in Indonesia go, “Huh?”, but for those who are obsessed with Korean dramas, it’s something they know all about. “Pengar” is actually in the KBBI (Great Dictionary of the Indonesian Language) and it means feeling dizzy after a rough sleep or a wild night out. So, like, in Korean dramas, when the characters have a wild night of partying, they eat this special soup that totally makes them feel awesome the next morning. It’s like magic, man!

The Drinking Scene in Dramas: A Theme That Keeps Popping Up

K-dramas always have scenes where characters are totally indulging in the good stuff. These scenes are all mixed up with different life stuff—like going through a breakup, grabbing a bite with coworkers, celebrating special moments, hanging out with buddies, making friendly bets, and lots of other things.

The fun things, like when the characters drunk and start doing silly stuff. They would never do when they’re sober. It adds a hilarious twist to the story. Hey, what’s the deal with those Korean anti-hangover soups? Let’s dive into the awesome world of these cozy bowls.

1. Haejangguk: The Best Hangover Cure

Haejangguk is like this traditional Korean thing you eat when you’re super hungover from a wild night of partying. So basically, you’ve got beef leg bones, coagulated ox blood, and cow intestines all mixed together with soybean paste. Yum! This dish is like super old-school, dating all the way back to the Joseon Dynasty.

2. Samgyetang: The Ginseng Magic for Anti-Hangover Soups

Samgyetang is like, the ultimate Korean ginseng chicken soup. It’s super legit and works for anti-hangover soups. What’s cool about it is the whole chicken, boiled on a low flame for like 2-3 hours until it gets all tender and stuff. We throw in some glutinous rice and garlic into the chicken. And then, the seasoning has ginseng, garlic, ginger, scallions, and Korean dates or jujube.

3. Sundubu-jjigae: Tofu Magic in a Pot, You Know these Anti-Hangover Soups?

Sundubu-jjigae is this awesome Korean tofu stew that totally steals the show in the drama “Itaewon Class.” So, get this – even though it’s called a tofu soup, it’s not just about tofu and eggs. And then, they actually throw in some tasty seafood too. Pretty cool, right?

4. Kongnamul Guk: The Easy-Peasy Bean Sprout Comfort

Kongnamul guk, or bean sprout soup, is a simple dish made with basic stuff like bean sprouts, garlic, scallions, sliced chili, salt, and water. It tastes super good and is so easy to make.

5. Jjamppong: The Spicy Seafood Jam

Jjamppong is a super spicy Korean noodle soup. The pack made from a mix of yummy seafood. So, Jjamppong is actually a name that comes from China. It’s like a mix of cultures because it’s derived from the Japanese word “jampon.” Pretty cool, huh? It’s super spicy and cozy vibes make it great for easing the effects of “pengar.” Seafood options can be different, but for the full Jjamppong experience, you gotta have abalone, squid, octopus, shrimp, and clams. Hey, just a heads up: Make sure to watch your cholesterol levels if you go for the special Jjamppong.

These soups aren’t just for fixing hangovers, they’re good for other times too. You can totally cherish and savor them as part of your everyday cooking adventures. Hey, if you’re interested in checking out these Korean specialties, you don’t have to wait for someone to get drunk and have a good time. Finally, anytime is the perfect time to start cooking and enjoying these awesome anti-hangover soups.