Saudi retailer in UK franchise deal

Author: 
REUTERS
Publication Date: 
Wed, 2012-01-18 01:49

The British supermarket group, which currently sells F&F in 11 markets, said it was looking for franchise partners in other countries as well.
"The franchise model is a natural extension of the work we have been doing to turn F&F into a truly global fashion brand," said F&F International Chief Executive Jason Tarry.
"Now we have the opportunity to grow our brand further in markets where Tesco does not have a presence."
The group, which issued a shock profit warning last week, is looking to build a number of international brands to appeal to more aspirational shoppers, including Technika in electronics and Parioli in Italian foods.

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