date:Apr 11, 2013
Cold Stone Creamery, a US-based subsidiary of Kahala, is set to open stores in the Philippines and Bangladesh, as part of strategy to expand its presence throughout Asia.
Under the strategy, Kahala has signed 10-year master franchise agreements with Olive Tree Foods in Bangladesh and with Arizona Ice Cream in the Philippines.
Olive Tree Foods will unveil its first Cold Stone Creamery store in 2013 with the goal of opening a total of four stores within the next four years.
Arizona Ice Cream, a