Market Overview

First Krispy Kreme Announces First Doughnut Shop in Delhi, India

Krispy Kreme (NYSE: KKD) announced today that it plans to open its first store in Delhi on Saturday, December 14, 2013.  The new doughnut cafe will be the first of 35 planned Krispy Kreme stores in Northern India by Krispy Kreme's new franchise partner, Bedrock Foods Pvt., Ltd. 

"We are excited to partner with Bedrock Food Company in taking the one-of-a-kind Krispy Kreme taste and experience to the people of Delhi," said Jeff Welch, Krispy Kreme President - International.  "With our initial launch in Bangalore this past January, we have seen great acceptance of Krispy Kreme and our signature products by the Indian consumer.  The opening this week of our first store in Delhi broadens Krispy Kreme's reach within India to the key North India market.  We are confident that Manpreet Gulri's strong industry experience and knowledge of the Indian consumer will help make Krispy Kreme a loved brand in Delhi as we bring the melt-in-your-mouth Krispy Kreme experience to the market."

See full press release

Posted-In: News Guidance Management Global

 

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