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Tag: Cold Stone Creamery

  • Cold Stone Creamery Malaysia Opened In Kuala Lumpur

    Cold Stone Creamery Malaysia Opened In Kuala Lumpur

    American ice-cream parlour chain Cold Stone Creamery Malaysia has opened its first store in Kuala Lumpur.

    After tracking through Bangkok, Manila and Singapore, the American ice-cream parlour chain has launched a flagship outlet at Pavilion Kuala Lumpur.

    From Arizona, the brand plans to open 10 outlets in Malaysia within the next five years.

    Founded in 1988, Cold Stone Creamery is best known for its design-your-own desserts that lets customers choose mix-ins, all theatrically combined on a frozen granite slab.

    The store offers 36 ice-cream flavours and will be adding some local tastes.

    Cold Stone Creamery senior international VP Eddy Jimenez says Malaysia’s opening was delayed as the company took years to find a suitable franchisee.

    “Local flavours are important and we are very sensitive to the local culture ‒ they’re going to be a big part of the brand,” says Jimenez.

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  • US investor buys into Mitra Adiperkasa

    US investor buys into Mitra Adiperkasa

    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 its F&B subsidiary Map Boga Adiperkasa (MBA), which runs Cold Stone Creamery, Godiva, Krispy Kreme, Pizza Express and Starbucks in Indonesia. It has more than 300 stores across 24 cities, and has more than doubled its store count over the past five years.

    Map runs multi-channel retail concepts in Indonesia across a diversified portfolio of department stores, sportswear, specialty fashion, F&B, and lifestyle products. It has nearly 2000 retail stores.

    “We believe the rapid rise in Indonesia’s middle and young working classes, the increase in this population’s disposable income, and the continued rural-to-urban migration represents an opportunity for us to strengthen our international food brands and cement our leadership position in the F&B market,” says Map CEO V.P.

    Sharma. A portion of the investment money will be used to accelerate the F&B division’s network expansion.
    “Indonesia’s domestic consumption comprises more than half of gross domestic product, and consumption patterns are increasingly shifting toward modern and aspirational lifestyle brands,” says General Atlantic Southeast Asia head Wai hoong Fock. “These secular trends position MBA’s food & beverage portfolio well for further expansion.”

    Regional commitment

    The partnership, General Atlantic’s first investment in Indonesia, indicates its commitment to long-term market prospects in South-east Asia,” says Fock, who joined General Atlantic from CVC Capital Partners last year to lead its South-east Asia investing program. He is based in the firm’s Singapore office.
    General Atlantic has 18 investment professionals in Asia, based in offices in Beijing, Hong Kong, Mumbai and Singapore. The firm opened its Singapore office in 2011, investing three years later in Singapore-based online mobile entertainment/communication Garena platform. It has also supported the growth of retail and F&B companies including lifestyle brand Tory Burch, luxury fashion brand Zimmermann, restaurant group Barteca Holdings, urban juice-bar concept Joe & The Juice, community accommodation marketplace AirBNB and transportation network company Uber.

    Map has 1921 retail outlets in 68 cities throughout Indonesia. Its retail concepts include department stores (Debenhams, Galeries Lafayette, Seibu and Sogo), fashion and lifestyle (Crabtree & Evelyn, Kipling, Lacoste, Marks & Spencer, Massimo Dutti, Nautica, Sephora, Swarovski, Topman, Topshop and Zara), sports (Converse, Golf House, Oakley, Payless ShoeSource, Reebok, Rockport, Skechers, The Athlete’s Foot and The Sports Warehouse), F&B (Burger King, Cold Stone Creamery, Domino’s Pizza, Godiva, Krispy Kreme and Starbucks), kids (Kidz Station and Oshkosh B’Gosh) and bookstore Kinokuniya.

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  • Carl’s Jr Cambodia opens first drive-through

    Carl’s Jr Cambodia opens first drive-through

    Cambodia has its first quick-service drive-through restaurant with the opening of a Carl’s Jr burger outlet in Phnom Penh, being run by TH F&B Co.

    Carl’s Jr Cambodia has been franchised by California-based CKE Restaurants Holdings, the parent company of Carl’s Jr and Hardee’s.

    “We’ve been experiencing phenomenal international growth this year,” says CKE international president Ned Lyerly. “In fact, Cambodia comes on the heels of successful openings in Australia, Japan and Kenya, and marks the 40th country CKE International has entered.

    “This is an important market for our overall expansion strategy, and we plan to open 15 restaurants in Cambodia.”

    Carl’s Jr Cambodia store

    As well as burgers, the Carl’s Jr brand offers chicken sandwiches, all made fresh to order. Its burgers feature chargrilled Australian beef. Also on the menus are ice-cream shakes.

    “We’re confident that Cambodia, with its large youthful population and increased awareness and desire for western brands, is going to love having this global burger chain,” says TH F&B MD Hav Norm.

    On the corner of Street 51 and Street 310 in Phnom Penh, the restaurant is open 12 hours daily, offering partial table service, an “all you can drink” beverage bar and complimentary Wi-Fi.

    Carl’s Jr Cambodia

    A privately held company headquartered in Carpinteria, California, CKE had its beginnings with Carl Karcher’s hot-dog cart in the 1940s. It now has 3729 franchised or company-run Carl’s Jr Restaurants and Hardee’s outlets in 44 states and 40 countries.

    Awarded with the master franchise and the exclusive rights to run Carl’s Jr in Cambodia, TH F&B Co has a portfolio including Cold Stone Creamery and Gyu-Kaku Japanese BBQ.

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  • Cold Stone Creamery Cambodia plans 13 stores

    Cold Stone Creamery Cambodia plans 13 stores

    Kahala Brands has appointed a master franchisee for Cold Stone Creamery Cambodia, with the first store set to open in six months.

    Over the next five years, 13 Cold Stone Creamery locations will open in Cambodia, the first scheduled for the capital city Phnom Penh sometime during the next six months.

    TH Group has won the master franchise rights to open locations throughout Cambodia.

    TH Group is a leader in the automotive market, with over 20 years of experience in Cambodia. It holds 35 per cent of the auto market share in the country, making it the largest importer/wholesaler of US automobiles in Cambodia, selling new and used luxury cars.

    “Our economic growth here in Cambodia has risen and to us, that implies that the standard of living is improving here,” said Hav Norm, MD of TH F&B Co.

    “Therefore, the people of Cambodia are looking for premium, high-quality brands that they can indulge in and trust. Cold Stone Creamery is a super-premium brand that will be a perfect fit in our market.”

    “We are extremely confident in TH Group as they have more than 20 years of experience in Cambodia and have great in-depth and comprehensive knowledge of the marketplace,” said Eddy Jimenez, senior VP of international operations and development at Kahala.

    “TH Group understands consumer demands, preferences and perceptions, making it a business leader in its country.”

    Cold Stone Creamery has continued to make strong key moves into the international market over the last decade. Today, Cold Stone Creamery stores are operating in over 300 international locations and in 26 countries abroad, including Japan, the Philippines, Kuwait, Qatar, Trinidad, Nigeria, Egypt and Indonesia. Kahala signed up a master franchisee in Vietnam in June.

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  • Cold Stone Creamery to open in India, Sri Lanka

    Cold Stone Creamery to open in India, Sri Lanka

    US ice cream chain Cold Stone Creamery  is to open multiple stores in India and Sri Lanka.

    Parent Kahala Brands has partnered with Tablez Food Company, part of Lulu Group International, to open 40 locations in India over the next five years and five in Sri Lanka.

    The first Indian store will open by the end of the year at the Lulu Mall, a premier mall in Kochi and will be followed by more in Bangalore initially.

    “Tablez Food Company is a leading organisation in India and a perfect fit for the Cold Stone Creamery brand,” said Eddy Jimenez, senior VP of international operations and development at Kahala.

    “It specialises in unique, home-grown and international cuisines and has acquired the rights to many leading franchise concepts. Tablez Food Company is dedicated to seeking out concepts that bring inspiring experiences to their customers.”

    Lulu Group is diversified in retail, imports & exports, trading, shipping, IT, travel & tourism and education. Tablez currently operates multiple food and beverage brands across India, Sri Lanka and the UAE including Peppermill Indian cuisine, London Dairy, Galito’s Flamed Chicken, Famous Dave’s Barbecue and The Sugar Factory..

    “Cold Stone Creamery offers the best quality product and offers an amazing in-store experience that the international market has embraced for a number of years,” said Shafeena Yussuf Ali, Tablez Food Company chairperson.

    “We now want to bring this unique experience to the India and Sri Lanka markets where we strongly believe that people will embrace not only the quality of the product, but also the overall guest experience.

    “Over the next five years, Tablez Food Company plans to invest around $11-13 million in the Cold Stone Creamery business across India and Sri Lanka.”

    In Asia, Cold Stone Creamery has established store networks in Japan, Thailand, the Philippines and Indonesia. Last month it announced a partnership in Vietnam.

  • Hollys Espresso set for Vietnam debut

    Hollys Espresso set for Vietnam debut

    Hollys Espresso, the Korean cafe chain with a particular Parisian decor, will open its first outlet in Vietnam on July 9.

    The flagship retailer can be situated in Ho Chi Minh Metropolis and would be the first of three to be buying and selling in Vietnam by the yr’s finish.

    Hollys Espresso’s native franchise associate is TNC Holdings, which just lately gained the native franchise rights for Chilly Stone Creamery ice cream cafe chain.

    Director of franchising with TNC, Vercy Luu, informed Inside Retail Asia the primary two Chilly Stone Creamery shops will open this calendar yr. As beforehand reported, TNC plans 30 Chilly Stone shops in Vietnam, the primary in Ho Chi Minh Metropolis.

    TNC additionally has the Incito Espresso franchise and operates 5 cafes in Ho Chi Minh Metropolis and Vietnam’s capital Hanoi.

    And it operates two Mizuchi Japanese scorching pot eating places in Hanoi, with plans to open 5 in Ho Chi Minh Metropolis over the subsequent six months.

    TNC has a imaginative and prescient to be one of many prime 10 shopper and retail corporations in Vietnam, grossing US$1 billion by 2020.

    “Chilly Stone Creamery is a premium American ice cream idea and the product will probably be very inviting to the Vietnamese individuals,” Phan Duc Binh, CEO of TNC, stated on the time of the awarding of the Chilly Stone rights.

    TNC specialises in branding, distribution and manufacturing of fast paced shopper items, together with drinks, particularly espresso and tea, and private care merchandise. TNC additionally owns retail manufacturers and franchises, together with comfort shops, supermarkets and F&B chains.

  • Chilly Stone Creamery Vietnam plans 30 shops

    Chilly Stone Creamery Vietnam plans 30 shops

    Kahala Manufacturers, the father or mother firm of Chilly Stone Creamery has appointed a Vietnamese franchise associate.

    The primary of a deliberate 30 Chilly Stone Creamery Vietnam shops will open this yr in Ho Chi Minh Metropolis in partnership with TNC Holdings subsidiary CS Vietnam Ice cream Co.

    “With the speedy improve in youthful shoppers demanding greater high quality merchandise we’re thrilled that Vietnam would be the subsequent worldwide market delivering the Final Ice Cream Expertise,” stated Eddy Jimenez, senior VP of worldwide operations and improvement for Kahala.

    TNC is described by Kahala as “the main and most skilled firm in Vietnam”.

    “We all know they’ll do an exquisite job at exemplifying what the Chilly Stone Creamery model is and they’ll proceed to hold on the superb tradition we have now developed worldwide.”

    TNC specialises in branding, distribution and manufacturing of fast paced shopper items, together with drinks, particularly espresso and tea, and private care merchandise. TNC additionally owns retail manufacturers and franchises, together with comfort shops, supermarkets and F&B chains.

    TNC owns the native Fannys ice cream model, which has cafes and sells into FMCG channels. It additionally has the Korean cafe chain Hollys Espresso rights, Incito espresso and Japanese hotpot restaurant Mizuchi in its portfolio, however has few shops buying and selling underneath these manufacturers.

    Kahala says TNC has a imaginative and prescient to be one of many prime 10 shopper and retail corporations in Vietnam, grossing US$1 billion by 2020.

    “Chilly Stone Creamery is a premium American ice cream idea and the product shall be very inviting to the Vietnamese individuals,” stated Phan Duc Binh, CEO of TNC. “Nevertheless, it’s the in retailer expertise and the enjoyable surroundings Chilly Stone Creamery creates that hold individuals coming again. The mission of creating individuals joyful, a really energetic tradition and core values shared amongst all of the stakeholders within the system is why TNC pursued Chilly Stone Creamery.”

    Chilly Stone Creamery opened its first retailer outdoors its US residence market in November 2005 in Tokyo, Japan. Since then it has expanded the chain into almost 300 worldwide places in additional than 25 nations, together with the Philippines, Indonesia, Kuwait, Qatar and Nigeria.

    The chain’s level of distinction is that it makes ice cream recent in retailer day by day, and mixes it with flavours and components like fruits, chocolate and nuts, on a chilly marble slab in entrance of the client.

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