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Laxman Narasimhan

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“The market is going through a transition as we see an increase in mass market competitors, which we believe will shake out over time, and the market will emerge looking fundamentally different than what we see today,”

Laxman Narasimhan · said date not stated · reported 2026-08-21

Laxman Narasimhan spoke about rising mass-market competition facing Starbucks in China.

verbatim, matched to source CNBC
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