The Cold Stone Creamery brand continues to pave its way internationally with its newest locations in Saudi Arabia and Pakistan. The brand that has spread to 20 countries is teaming up with a variety of Master Partners in order to expand America’s most innovative ice cream concept into key strategic markets around the globe. Kahala, the parent company of Cold Stone Creamery, has signed 10-year Master Franchise Agreements with Venus Pakistan Private Ltd. and has expanded their existing partnership with The Apparel Group to bring the Ultimate Ice Cream Experience to these key markets, with a goal of opening upwards of 15 more stores in each market over the next 5 years.
The Apparel Group, well familiar with Cold Stone Creamery, successfully has opened and is operating 38 Cold Stone Creamery locations in the GCC (Gulf Cooperation Council). The company, known for their strong foothold as a global fashion and lifestyle retail conglomerate, is excited to continue working with Cold Stone Creamery by opening in yet another country, Saudi Arabia. The first store opened in the Hyatt Mall in Riyadh City in the latter part of 2012 with continued development plans for 2013 and beyond.
Cold Stone Creamery has continued to make strong key moves into the international market in recent years. This current expansion will increase the number of countries Cold Stone Creamery resides into 24. The international growth of Cold Stone Creamery began in November 2005 when the company opened its first international store in Tokyo, Japan. Today, Cold Stone Creamery stores are operating in more than 420 international locations and in 20 different countries including Cyprus, Kuwait, Qatar, Trinidad, Nigeria, Egypt and Indonesia.
Posted by Paula Votendahl
04/29/13
