(Seoul=NSP News Agency) sanghyun Kim Journalist = The SPC Group(CEO, Youngin Heo) opened its 200th overseas branch “Ling Wen Guang Chang“ in Shanghai, China on Monday.
SPC Group now has stores managed directly in the U.S. Vietnam, Singapore, and France. They have franchising stores only in China.
The SPC Group plans to accelerate its global business by expanding franchising after “Ling Wen Guang Chang” Paris Baguette store.
“Ling Wen Guang Chang” is the 23th store in China. The group expects to franchise out 100 stores with its brand value and management skills in overseas market within next year.
SPC Group’s goal is to have more than 2,000 Paris Baguette branches in the U.S. and China by 2030.
NSP News Agency/NSP TV sanghyun Kim Journalist, email@example.com
Copyright ⓒ Korea's economic news agency NSP NEWS·NSP TV. All rights reserved-Redistribution Prohibited.