Retail Food Group signs agreement to expand Gloria Jean's in Germany
It has declared Germany a significant market in Western Europe for its Gloria Jean’s Coffees brand.
“Germany 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 very successful with close to 900 outlets throughout the world."
The team is set to expand the Gloria Jean’s Coffee's footprint in Germany in partnership with Winkel Group, formed by two sets of brothers Veysel Akyel and Mehmet Akyel, along with Mustafa and Yavuz Eyice. The new master franchise owners are very familiar with the brand through a significant background with the Master Franchise Partner for Turkey, who has close to 70 outlets. The continual growth experienced in Turkey encouraged the business partners to take the brand into Germany.
The owners are set to open 40 Gloria Jean’s outlets in Germany in the next five years with an option to expand their current 10-year agreement with Retail Food Group to 20 years.
The new master franchise partners plan to open their first Gloria Jean’s store in Cologne in the middle of this year.
Retail Food Group's chief executive international Mike Gilbert said the announcement is an exciting one for the Group which sees Europe as a very important market. “Germany 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 very successful with close to 900 outlets throughout the world,” he said.
