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Franchise brands from the US, France and China are eyeing opportunities in Thailand which has become a strong drawcard for offshore companies, according to consultants. Southeast Asian specialist VF Franchise Consulting is holding a franchise-business…
Japanese restaurant franchise Kura Sushi is launching in its third overseas market, China. The brand has already enjoyed some success in the US and Taiwan, and is now set to open its first Chinese mainland location in Shanghai. Ten further locations are…
Gap Inc is planning to roll out stores globally under its Janie and Jack and Athleta banners via a franchise model. The US-listed fashion giant already has about 500 franchised Gap, Banana Republic and Old Navy-branded stores operating in 40 markets around…
Japanese baker Hattendo is planning to ramp up its store rollout in Asia, with particular focus on Greater China and Southeast Asia. The company – known for its cream-filled buns – already has stores in Hong Kong, Singapore, and Australia. Its next stop is…
Indonesia’s economy is projected to be three times the size of Australia’s by 2030 – and the GDP of the world’s most-populous Muslim population will rise from $3.2 trillion to $10.1 trillion by the same year*. Those figures are driving top international…
Would-be food franchisees are not being given the full picture before they buy into a business, with several franchisors withholding important details including the contact information of former franchisees. The ACCC has also found food franchisors were…
Singapore-based private equity firm Everstone plans to sell its Burger King India franchise. The firm is reportedly in advanced discussions with Rahul Bhatia-controlled InterGlobe group to sell the franchise a deal worth US$204 million. The fast-food chain…
Fourteen international brands are seeking for Vietnam franchise partners. The brands will gather at VF Franchise Consulting headquarters in Ho Chi Minh City on July 9 to meet with prospective area or master franchisees for the market. The franchises are in…
American franchise Yogurtland has entered an agreement to expand throughout Indonesia via the formation of Yogurtland Indonesia Global Mandiri. The agreement involves the establishment of 10 outlets in the territory within three years, starting off with a…
UK-based affordable-luxury fashion-brand LK Bennett has been sold to its Chinese franchise partner Rebecca Feng. Rebecca Feng, who operates the label’s business in China under a franchise agreement, competed with several interested buyers following the…
he Burberry Shanghai flagship store has been shuttered as the British luxury-goods retailer looks to reduce costs. It is the fourth Burberry location within Mainland China to be shuttered within the last eight months as part of a global restructuring effort,…
Thailand franchise consultancy Gnosis Co expects a healthy market for franchises in the country. Gnosis MD Sethaphong Phadungpisuth said more than 50 chains from both local and international brands are exploring the market this year following measures to ease…
Hong Kong dessert chain Hui Lau Shan will launch in the Philippines in February. The franchise, best known for its mango-based treats,will open at SM Megamall in Mandaluyong City with a range of desserts that are expected to draw on local fruits. Mango…
Singapore-based burger chain VeganBurg is seeking new franchisees to expand its business in California. The company will hold a franchising conference in Las Vegas next month, expected to be attended by many Californian companies and individuals evaluating…
PepsiCo India’s bottling partner Varun Beverages Monday said its board has approved plans to acquire franchise rights of the beverages and snacks major in South and West regions. The board has approved the company’s intent to enter into a binding agreement…
Jollibee Foods has confirmed it is taking legal action against a copycat restaurant in China. A recent Facebook post which went viral featuring the Chinese restaurant – named JoyRulBee – drew much attention among internet users in the Philippines, after a…
