Krispy Kreme to Open 10 Stores in Taiwan

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Krispy Kreme (NYSE: KKD  ) is to expand further into the Asian market by opening 10 stores in Taiwan. The company has signed an agreement with local conglomerate Huan Hsin to develop the outlets.

U.S.-based Krispy Kreme is continuing its effort to expand internationally. At the moment, it has more than 730 stores in 22 countries. In Asia, its outlets can be found in mainland China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea, and Thailand.

Huan Hsin is a family owned conglomerate that holds a number of restaurant properties, particularly in mainland China. It is a licensed Krispy Kreme franchisee in Taiwan.

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  • Report this Comment On March 05, 2013, at 7:40 AM, lenholliday wrote:

    Krispy Kreme on yet another new high! Well above $14. This ain't all Asia folks! KKD still could be very much in the running for someone to take them over at $20 or higher. Their CEO Jim Morgan is now in his mid-60's. He has made a wade of money and he is a family man; Big Time!

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