Coffee Republic plc ('Coffee Republic' or 'the Company'), the independent coffee and deli bar operator, announces that an agreement has been reached with fashion group powerhouse Paris Group for the Coffee Republic Deli franchise rights for UAE, Bahrain, Qatar and Oman. The agreement gives Paris group the right to develop Coffee Republic delis and recruit franchisees to operate Coffee Republic delis in the above areas.
Commenting, Mr. Ahmed Sankari (Vice President Paris Group) said: 'We are delighted to add another top brand to our Foodvision arm of the company. The first outlet, to open in Nov 07 in Muscat, Oman, promises to be the future of coffee bars. A second bar in Dubai is currently under construction.'
Commenting, Steven Bartlett, CEO, said: 'We are pleased to be partnering with Paris Group to develop Coffee Republic Delis in UAE, Bahrain, Qatar and Oman. They have the necessary skills and experience to make a success of the Coffee republic brand in those territories. This brings to 6 the total number of counties under international franchise agreements and there is continued, strong interest from other parts of the world. Accordingly, we anticipate further announcements over the coming months.'
