BreadTalk: The story of the aspiring artist who built a bakery chain across Asia (2024)

Scoop of Success

June 13, 2024

Looking for a quick snack? Follow the smell of freshly-baked bread to BreadTalk. Founded in Singapore, they now have over 700 stores mainly across Asia, including Singapore, Malaysia, Indonesia, the Philippines, and other countries.

In 2019, the BreadTalk Group made a revenue of $209M from BreadTalk bakeries alone. But did you know that BreadTalk’s Singaporean founder, George Quek, originally planned on being an artist?

Now, he proudly owns BreadTalk Group, which has brands like Toast Box and Food Republic. This is the story of the bakery that’s won us over with its wide range of pastries that satisfy any craving.

🇸🇬 An artist at heart

Since he was a kid, George Quek knew he’d have to fight for his own dreams. Quek was born to a Singaporean vegetable farmer-turned-seaman and a housewife.

He didn’t enjoy school, preferring to sketch the views by his house. He was so talented, he won many art competitions! But his parents couldn’t afford primary and high school, so he worked as a cable technician to pay for school.

He studied sketching and calligraphy at the Singapore Art Academy before formally joining the army.

Even then, he still dreamt of being an artist. He made a living off of wood carvings and metal engravings for a handmade art store at a shopping mall.

🐉 Carving a new path

Quek’s father saw how passionate he was about art. He gave his son his entire savings, $1,500 (S$2,000) so he could study at a famous art school in Taipei. But Quek felt that he wouldn’t make enough money as an artist.

He stopped studying and used his father’s savings to set up a sugar candy stall. This candy was so popular that Quek began to make over $178,000 (S$240,000) a month!

🍜 Trying something different

He then thought of bringing in Singaporean dishes like fishball noodles and bak chor mee to Taipei. He used up his own savings of $74,000 (S$100,000) to set up a stall named “Singa” in a shopping mall.

Quek stopped studying art, working his stall from 5 AM to 10:30 PM everyday. But Taiwanese customers weren’t interested in Singaporean food. Quek had to temporarily close the business after only 3 months.

But he didn’t give up! He found a chef who added a Taiwanese twist to dishes like satay, Hainanese chicken rice, and prawn noodles. Eventually, Singa reopened. It became so popular that he opened 21 outlets!

👀 Back to his roots

Quek sold Singa in 1992, returning to Singapore to take care of his parents, who were getting old. He saw that Singaporean bakeries focused on their pastries, instead of decorating their shops like those in Taiwan and Japan.

“In Taiwan and Japan, the food and beverage industries were pretty advanced,” he said. “But I saw room for improvement and opportunities in Singapore. It felt like the time was right for something new.”

Quek named his store BreadTalk because “I believe each bread has its own story to tell,” he said. He opened the first BreadTalk branch in Singapore at the Bugis Junction shopping mall in 2000.

🥐 Attention to detail

Quek and his wife made sure that every detail of the stores was perfect. They started with sourcing high-quality ingredients like New Zealand butter and Japanese-milled flour.

Quek may have changed careers, but he didn’t lose his artistic eye! From the start, he made sure that his BreadTalk branches looked like fashion boutiques. He wanted his customers to have a fun, elevated shopping experience!

Some of the branches have stainless steel interiors. Others look like boutique jewelry shops. Their most recent branches are wabi sabi-themed. The neutral colors and natural woods make the customers feel at home!

And while customers wait in line, they can watch chefs prepare the fresh bread. Sometimes, they’ve even got award-winning chefs on board like World Bread Champion Johnny Chen Yung-Hsin!

🥖 Things don’t stop there

This attention to detail meant it was expensive to run. They had to make $1800 (around S$2,500 a day) at their first branch to survive.

People immediately loved the delicious pastries with quirky names like Cheesy Earthquake Bread, Hot Chic, and of course: their signature Flosss buns. The Flosss buns became so popular, one is sold every 10 seconds!

In their first year, they got over 1,000 franchising inquiries from Singaporean firms and other countries. And just 3 years later, BreadTalk became one of Singapore’s largest bakery chains.

They opened a Jakarta branch, where monthly sales reached $222,000 (S$300,000), even more than their Singapore branch! They also opened a Shanghai branch, adapting their flavors to local tastes. In the same year, BreadTalk Group was successfully listed on the Singapore Stock Exchange!

Now, 60% of outlets are franchised, while 40% is owned by the company.

😋 Staying one step ahead

BreadTalk stays popular by introducing new products every six months.

When China sent their first astronaut to space, BreadTalk released rocket-shaped bread! And to raise funds for victims of the Sichuan earthquake, they sold panda-shaped pastries.

70% of our product line-up has been phased out,” Quek says. “We constantly innovate our culinary approach to bring a wider variety of ingredients and techniques to our customers.

He mentioned how brands sometimes become famous for a while, then disappear. “To avoid that, we need to keep learning and feeling the pulse of the market…and I’m ready to make very drastic changes, if necessary.”

🫂 Here and now

They didn’t stop at just a successful bakery.

BreadTalk Group now owns nine brands operating across 15 markets, including BreadTalk, Toast Box, Food Republic. They even operate partner brands like Din Tai Fung in select markets too!

And it’s all because George Quek fought for his dreams, persisted against challenges, and stayed an artist at heart with his creativity. So keep an eye out for whatever BreadTalk bakes up next—it’s sure to be the talk of the town.

BreadTalk: The story of the aspiring artist who built a bakery chain across Asia (3)

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BreadTalk: The story of the aspiring artist who built a bakery chain across Asia (4)

BreadTalk: The story of the aspiring artist who built a bakery chain across Asia (2024)

FAQs

What is the history of BreadTalk? ›

History. BreadTalk Group Pte Ltd was founded as a bakery brand in Singapore and opened it first outlet at Bugis Junction in July 2000. It was listed on the Singapore Exchange in 2003. It has since expanded to more than 900 retail stores spread across 15 markets.

Why is BreadTalk so successful? ›

Our focus on using only the finest and premium ingredients has earned us the trust and loyalty of customers worldwide. From our signature Flosss buns to our artisanal breads and pastries, each item is crafted with care and precision, ensuring that every bite is a delicious experience.

Who is the owner of BreadTalk? ›

George Quek Meng Tong is the founder and chairman of BreadTalk Group, famous for the BreadTalk bakery chain. He began his foray into the food and beverage business in Taiwan, selling dragon candy in 1982, before moving into the food court business in 1993.

Is din tai fung under BreadTalk? ›

About BreadTalk Group Limited

With close to 1,000 retail stores spread across 17 territories, its brand portfolio comprises BreadTalk, Toast Box, Food Republic, Din Tai Fung, Bread Society, Thye Moh Chan, The Icing Room and Sō.

Why is bread so important in history? ›

Bread created the structure of modern day society and gave order to our way of living. Without this seemingly simple food, civilisation wouldn't exist in the way we know it today.

Who is the founder of bread history? ›

Founded and driven by company entrepreneur, Mr. Simon Au Yong, the company was established in 2003, at Prangin Mall, Georgetown, and now operates more than 20 high driven quality bakery chains with exciting projects under development, in addition to the portfolio-associated businesses within the portfolio.

What is the BreadTalk growth strategy? ›

To expand globally, BreadTalk Group employs a strategy that combines direct ownership and franchising to ensure that its core offerings remain consistent across all markets, while also adapting to local tastes.

Why is BreadTalk losing money? ›

For the full year, the group posted a net loss of S$5.2 million, versus a net profit of S$15.2 million a year ago. This was mainly attributable to S$6.1 million in one-off fixed-assets impairment due to premature outlet closures, inventory obsolescence, and franchise income doubtful debt provisions.

How many countries is BreadTalk in? ›

With a global staff strength of close to 5,000 employees, the Group operates more than 600 bakeries, 30 Din Tai Fung restaurants in Singapore, Thailand and the United Kingdom and more than 60 award winning Food Republic outlets in China, Singapore, China-Hong Kong, Malaysia, China-Taiwan, Thailand and Cambodia as well ...

What is the controversy with BreadTalk? ›

BreadTalk stops selling soya milk; confirms that item was repackaged from Yeo's packet drink. SINGAPORE - Confectionary chain BreadTalk has pulled its soya bean drink from its shelves, after a photograph showing an employee filling up plastic bottles with Yeo's brand soya bean milk made its rounds on the Internet.

How rich is BreadTalk? ›

Year to date, BreadTalk's share price has fallen by 1.52% to a last traded price of 64.5 cents on Feb 21 before the offer was made. At this level, the counter is trading at a rather rich multiple of 41.5 times historical earnings, which values the company at $363.64 million.

Who are BreadTalk competitors? ›

  • YUM! Brands. ...
  • Old Chang Kee. Chain of restaurants offering food and deserts. ...
  • The Soup Spoon. Quick service restaurant chain. ...
  • SF Group. Chain of limited service restaurant. ...
  • Tiong Bahru Bakery. Chain of bakery cafe. ...
  • Food Junction. Chain of limited service restaurant. ...
  • Dough Culture. Chain of limited service restaurant. ...
  • Maki San.
Jun 27, 2024

What is BreadTalk known for? ›

BreadTalk, a culinary icon in Singapore's gastronomic scene, boasts a diverse array of signature items that have become synonymous with its innovative and artistic approach to baking. From artistic pastries to delectable buns, each item tells a unique story of culinary creativity.

Why is Din Tai Fung so popular? ›

With a menu boasting far more than just Xiao Long Bao, the brand has won many awards—including the coveted Michelin star at its Hong Kong branch—and has become an internationally beloved brand, offering a taste of Taiwan to the United States, Japan, South Korea, Singapore, China, Hong Kong, Indonesia, Malaysia, ...

Is Din Tai Fung a Michelin star? ›

Starting with a modest shop in Taiwan in 1958, he built Din Tai Fung into a global dumpling and noodle empire, earning a Michelin star along the way.

What is the history of leavened bread? ›

An early leavened bread was baked as early as 6000 BC in southern Mesopotamia, cradle of the Sumerian civilization, who may have passed on the knowledge to the Egyptians around 3000 BC. The Egyptians refined the process and started adding yeast to the flour.

What is the oldest bread in the world? ›

Archaeologists in Turkey have discovered the oldest bread on Earth, dating back to 6600 BC. The 8600-year-old fermented bread was found in Catalhoyuk, Turkey, and its analysis revealed its chemical structure. The bread was made from flour and water, preserved by a thin layer of clay.

What is the history of dumb bread? ›

Dumb bread is a traditional bread that originates from the Virgin Islands. The name "dumb bread" comes from the cooking technique called dum pukht, originating from India and brought to the Caribbean when the Indian indentured workers replaced the slaves. This bread does not require any yeast.

How did they make bread before yeast? ›

The most common source of leavening in antiquity was to retain a piece of dough from the previous day to utilize as a form of sourdough starter. Pliny the Elder reported that the Gauls and Iberians used the foam skimmed from beer to produce "a lighter kind of bread than other peoples".

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