US doughnut chain brings treats to SA

Published May 28, 2015

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US DOUGHNUT chain Krispy Kreme is making its first foray into Africa. It announced yesterday that it has signed a development agreement with local company KK Doughnuts to open 31 Krispy Kreme shops in South Africa over the next five years. Fournews and John & Gerry’s Brands are the principal owners of KK Doughnuts SA. Fournews currently operates six other brands in the local market including Cafe Fino, News Cafe, Smooch, Moyo and illy GO. It will soon launch another brand called Brooklyn Brothers. Stiff competition back home has meant Krispy Kreme should look for opportunities elsewhere. – Staff Reporter

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