Gloria Jean's Coffees to Open First of 190 Outlets Planned for the UK
15 May 2018 - 6:00PM
Business Wire
Global food and beverage company, Retail Food Group (ASX: RFG),
has signed a Master Franchise Agreement which will see 13 outlets
from its Gloria Jean’s brand open in the United Kingdom in the next
12 months, and 190 outlets within 10 years.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20180515005527/en/
(Photo: Business Wire)
The 20-year agreement has been signed with local businessman,
Naweed Nasir, whose other successful business interests have
included Green Valley Foods Ltd.
During 2018 new stores are planned and in development in the
United Kingdom for the Gloria Jean’s brand which is Australia’s
leading speciality coffee house. It joins other Retail Food Group
brands C2U, Donut King and Crust Gourmet Pizza Bar which are also
opening new outlets in the United Kingdom in 2018.
Retail Food Group Chief Executive International, Mr Mike
Gilbert, said the announcement includes a lot of exciting firsts
for the brand.
“The Agreement will not only enable RFG’s first Gloria Jean’s
outlet to open in the United Kingdom, but it will also be our first
outlet outside Australia to represent the ‘Gloria Jean’s of the
future’ - a significant brand renovation where all elements of the
brand have been rigorously reviewed and tested,” Mr Gilbert
said.
“We are excited to be launching the Gloria Jean’s Coffee rebrand
into the UK market, as we believe it has a unique positioning and
modern feel from the store design to the menu, that UK consumers
will love.
“The United Kingdom is an important strategic market for Retail
Food Group and a natural platform from which to plan further
expansion into the European markets.”
Mr Gilbert said the United Kingdom’s first Gloria Jean’s future
branded outlet will open in July in Glasgow.
“The United Kingdom has a growing speciality coffee market and
Gloria Jean’s Coffees has an outstanding offering to meet that
need. It’s an offering that is already successful in over 900
outlets in over 50 markets across Europe, North America, Middle
East, Asia and the South Pacific,” he said.
Retail Food Group is Australia’s largest multi-brand retail food
franchisor with a network of more than 2,400 outlets across 9 Brand
Systems and over 80 territories.
To find out more about RFG and their other brand opportunities,
visit www.rfgbrands.com.
About Retail Food Group Limited:
RFG is a global food and beverage company headquartered in
Australia. The Company is owner of the Donut King, Brumby’s Bakery,
Michel’s Patisserie, bb’s Café, Esquires, Gloria Jean’s Coffees,
It’s A Grind, The Coffee Guy, Café2U, Pizza Capers and Crust
Gourmet Pizza Bar Brand Systems, and is a significant wholesale
coffee roaster supplying existing Brand Systems and third party
accounts under Di Bella Coffee Co. As well, RFG is an emerging
leader in foodservice, dairy processing and wholesale bakery
pursuits, operating the Hudson Pacific Foodservice, Associated
Foodservice, Dairy Country and Bakery Fresh.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180515005527/en/
For further information, interviews or images contact:Retail
Food GroupAnnie Kelly, 0431 306 727Senior PR
Managerannie.kelly@rfg.com.au
Retail Food (ASX:RFG)
Historical Stock Chart
From Nov 2024 to Dec 2024
Retail Food (ASX:RFG)
Historical Stock Chart
From Dec 2023 to Dec 2024