Krispy Kreme Doughnuts
Someone told me that Krispy Kreme Doughnuts is opening up in Kuwait. This story was supposingly published in a newspaper that Khorafi got the rights to it. Anyone got more info?
Update: An anonymous reader has replied with the the following:
khorafi owns 6.7% of Krispy Kreme.The franchisee contracts have been signed and americana is in the process of setting up operations in Kuwait and Dubai simultaneously. hopefully by Sept – october Kuwait will have its first Krispy kreme Store.The quality will be the same as everything is imported,even the machines direct, from the US.The flagship restaurant wil have the trademark “doughnut showcase” window!
Apr 23, 2006
Khorafi ownd 6.7% of Krispy Cream now!
It will not taste the same.
stop thinking about food all the time!
when will Dunkin Doughnuts open up? I saw the store in Salmiyah, pretty big for a doughnut store, and it still did not operate. What is up with that?
hehe, Mark, let’s have a doughnut showdown!
khorafi does own 6.7% of Krispy Kreme.The franchisee contracts have been signed and americana is in the process of setting up operations in Kuwait and Dubai simultaneously. hopefully by Sept – october Kuwait will have its first Krispy kreme Store.The quality will be the same as everything is imported,even the machines direct, from the US.The flagship restaurant wil have the trademark “doughnut showcase” window!
That is indeed true
Krispy I believe had no plans to go GCC regional. Khorafi started accumulating the stock a while back and now have a board seat. Im sure they don’t mind being added to the portfolio of one of the richest families in the world. :)
Hey Kuwaiti kids, you’re about to get FATTER! :D
Thinking about it, Khorafi should next open up a “fat farm” here in Kuwait, then they can make money off of getting ppl fat and making them skinny again… thus the vicious cycle ensues and the congrolmerate prints even more money
I understood alshaya had outbid Khorafi on Krispy Kreme and were about to close the deal when Khorafi went and bought the shares.
im gonna Krispy Kreme my pants (sorry but I couldnt resist)
yes its coming to kuwait … check their franchise oppor. and they will tell you its already taken .
about al khrafi i heard like you dude
They’re just donuts.
oh hell yeah i know what i am doing this weekend! stuffing my fat kuwaiti arse with more american fast food!
krispy kreme, yum yum, a glazed donut every morning for me.
so now after cafe’s fight.. donuts fight.. i mean name a cafe that doesnt have a branch in kuwait
If this place sets up as cafe there is going to be a huge line! loool! Seriously they are going to make a lot of money in Kuwait the first couple of months until things calm down a bit! People are gonna go nuts! They played it smart, they waited until the stock went down before buying out a certain percentage.. it used to be at $50 but now its around $6! So its easier to buy it out!
doughnuts are gonna be the fad in Kuwait. Just like coffee is now. Actually, they do compliment each rather rather well :>
fat farm? great idea. and importing clot-busting drugs. and exercise equipment. and licensing an overseas fitness chain (fitness first??). too many opportunities, not enough money (or time, or wasta, or who gives a sh*t if overindulgence knocks off a few more mental drivers… etc. etc.)
Fat Pills….MMMM
from 50 to 6 ? thatz a lil crazy…
they must’ve more than 2:1 splitting minimum
OMG thats soooooooooooo cool!…there my fav. doughnuts in the whole world, last time i ate them was last year and i was wishing they would open it in Kuwait…my wish came true:P
http://www.ameinfo.com/83010.html
“Struggling US dough-nut giant Krispy Kreme announced that Kuwaiti business group Mohammad Abdulmohsin Al Kharafi & Sons has bought a 6.7% stake or 4.13m shares.”
Krispy Kreme is in serious financial trouble after the annonceent of the significantly high trans fats contents in its recipe. (about > 15% trans fats) http://www.nutritiondata.com/facts-B00001-01c21k5.html.
Infact, Krispy Kreme popularity in the USA has went down significantly and the company was on the erge of financial delimma.
Guess that explains why they are going international and to countries that doesnt really care about health concerns. Guys I would be careful!!
Mark, this is a cool blog to check out about Krispy Kreme. http://www.mercola.com/2004/may/29/krispy_kremes.htm
I would take either one but I likkkkkkkeeee crispies the best. Get them the morning while they are still hot..
yeah!!!with all the the stores opening from americana kuwait…under the success is the exploitation of workers with 70 to 100 kd salary…but anyway karma is around the corner…