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Tag: 2035

  • Shake Shack Announces Major Expansion Into Vietnam With 15 Outlets By 2035

    Shake Shack Announces Major Expansion Into Vietnam With 15 Outlets By 2035

    American fast-food chain, Shake Shack, is set to expand its reach to Vietnam, aiming to open 15 outlets throughout the country by the year 2035. This expansion initiative is facilitated by a fortified collaboration with Maxim’s Caterers Limited, a Hong Kong-based licensee. This move further consolidates Shake Shack’s existence in the Asia-Pacific region.

    The Vietnam Shack

    The inaugural Vietnamese Shake Shack is slated to open its doors in the coming year. It aims to appeal to food enthusiasts with its signature offerings such as the ShackBurger, crinkle-cut fries, hand-spun frozen custard, the Chicken Shack, and the ShackMeister beer.

    Investing in Vibrant Cultures

    Michael Kark, president of global licensing at Shake Shack, expressed his enthusiasm about the expansion. “Breaking ground in Vietnam marks an exhilarating progression for Shake Shack,” he stated. “By planning 15 outlets over the coming decade, we are making a strong commitment to one of Asia’s most dynamic, food-loving societies.”

    Maxim’s Caterers presently operates 52 Shake Shack outlets across Mainland China, Hong Kong, Macau, and Thailand.

    “Maxim’s proves to be the ideal collaborator to implement our vision, thanks to their unrivaled local knowledge, operational proficiency, and a deep-seated passion for hospitality. Together, we are excited to introduce Shack to a brand new community of fans in Vietnam,” Kark added.

    Shake Shack’s global presence includes over 610 locations, with more than 210 restaurants in key metropolitan cities such as London, Tokyo, Seoul, and Dubai.

    Questions & Answers

    What is Shake Shack’s expansion plan in Vietnam?
    Shake Shack plans to open 15 locations across Vietnam by 2035.

    When is the first Shake Shack outlet expected to open in Vietnam?
    The first Shake Shack outlet in Vietnam is scheduled to open next year.

    Who is Shake Shack’s partner in its Vietnam expansion?
    Shake Shack’s expansion in Vietnam is facilitated by Maxim’s Caterers Limited.

  • Belgian Bakery Le Pain Quotidien Returns To India, Plans 100 Outlets By 2035

    Belgian Bakery Le Pain Quotidien Returns To India, Plans 100 Outlets By 2035

    Le Pain Quotidien, a renowned Belgian bakery-cafe chain, has made a comeback in the Indian market by establishing a fresh outlet in Palladium Mall, Mumbai. The brand’s return is facilitated through a master franchise agreement with Bake & Brew Private Limited.

    Le Pain Quotidien’s Location

    The latest store of Le Pain Quotidien is strategically positioned in the Gourmet Village zone of Palladium Mall. This zone is known for its assortment of local and international restaurants, some of which include Gold by Ice Cream Works, Burma Burma, and Kuuraku.

    Le Pain Quotidien, a name that translates to “the daily bread” in French, initially launched its venture in India in 2010. However, the brand withdrew from the Indian market during the pandemic in 2020.

    New Franchise Agreement

    In August last year, Le Pain Quotidien entered into a new franchise agreement with Bake & Brew. The arrangement has an ambitious target – to inaugurate upwards of 100 outlets across India by 2035.

    Le Pain Quotidien was first established in Brussels in 1990 by Alain Coumont. Today, the brand operates over 200 locations in 18 different countries.

    Future Expansion Plans

    Le Pain Quotidien has major expansion plans on the horizon. It aims to launch a second store in Mumbai by the close of this year, while other major cities are also in its crosshairs for expansion. The brand is particularly keen on tapping into travel and transit hubs.

    Questions & Answers

    What is Le Pain Quotidien’s expansion plan in India?
    Le Pain Quotidien plans to open more than 100 outlets across India by 2035 as a part of their franchise agreement with Bake & Brew. They also aim to open a second store in Mumbai by the end of this year.

    When did Le Pain Quotidien first launch in India and when did it exit?
    Le Pain Quotidien first launched in India in 2010 and withdrew from the market during the pandemic in 2020.

    What is Le Pain Quotidien’s focus area for its future expansion?
    Le Pain Quotidien intends to expand into major Indian cities, particularly focusing on travel and transit hubs.