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Krispy Kreme sets British invasion

By Published on .

[markham, canada] Krispy Kreme Doughnuts are going international, taking a 34% stake in a development group that plans to open 25 stores under the Krispy Kreme name in the U.K. over five years. Krispy Kreme moved into Canada earlier this year and reached its first franchise agreement outside North America in June for 30 doughnut stores in Australia. The U.K. deal is a development agreement with Donald Henshall, Krispy Kreme's former president of international development who becomes managing director of Krispy Kreme U.K., and a group of three investors called Chesire & Kent that includes Dick Clark, CEO of Dick Clark Productions, who is best known for "American Bandstand."
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