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Krispy Kreme, the renowned doughnut company, has struck a $65 million refranchising agreement with private equity firm Unison Capital. The agreement, which constitutes a significant milestone in Krispy Kreme’s revival strategy, is scheduled for finalization…
Doughnut chain Krispy Kreme is facing a potential fallout after its advertisement campaign for the Australia and New Zealand market was caught containing an offensive racial slur. The campaign features four short videos showing that Krispy Kreme doughnuts can…
Airline travel might be a little unpredictable right now, but there’s one thing you can always count on: Krispy Kreme to serve up delicious doughnuts. Even if you’re not flying this month, you can still enjoy one of your favorite airplane treats at your local…
Australian biscuit maker Arnott’s has teamed up with Krispy Kreme doughnuts to create a new range of doughnut-inspired Teevee snack biscuits called “dough-scuits”. The mini doughnut-shaped snacks come in five different flavors inspired by the doughnut brand –…
International retailer Krispy Kreme will open a pop-up store at Westfield Riccarton in Christchurch. The pop-up store, which will be open for two weeks starting September 28, will signal the start of Krispy Kreme’s nationwide roll out through an ongoing…
Krispy Kreme Myanmar will open its first store next month. The US doughnut brand has appointed a local franchisee partner which it says has plans to open 10 stores “in the near future”. Krispy Kreme Myanmar will be one of only a small number of early entrants…
Pret A Manger’s global business, including Hong Kong and Singapore, has been sold to global investment firm JAB. Flush with cash from the sale of Jimmy Choo and a controlling interest in Bally, JAB is refocusing its core business investments on consumer goods…
US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in…
US Chinese fast-food chain Panda Express, a staple of mall food courts in California, is about to launch in Japan. It will be in the hands of I&P Runway Japan, a joint entity set up last year between Panda Express owner Panda Restaurant Group and Chikara no…
Corporate retailer JAB Holdings has successfully concluded its purchase of Krispy Kreme Doughnuts, a deal first mooted in May. As a result, share-trading on the NYSE has ceased as the ‘sweet treat’ maker becomes part of a global retail portfolio of retailers…
Krispy Kreme announced this week that it is set to open 10 shops in Myanmar over the next five years. Dan Beem, Krispy Kreme’s Senior Vice President and President – International, said with a growing economy and a population eager to welcome global brands,…
Mitra Adiperkasa, or MAP, a life-style retailer that holds the licenses for Starbucks, Burger King and Zara in Indonesia, forecasts slower gross sales progress this yr, citing climbing prices and the nation’s financial slowdown. Fetty Kwartati, company…
Krispy Kreme has signed a development agreement with a master franchisor in Cambodia. The Express Food Group (EFG) will open 10 Krispy Kreme Cambodia shops over the next five years. “This agreement will further strengthen Krispy Kreme’s brand position…
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