(12/23/2006)
On Friday, December 22, 2006, Krispy Kreme - the American doughnut franchise opened its first outlet in Bali at the Discovery Mall in Kuta.
Operated by the Indonesian franchisee of Krispy Kreme Doughnuts - PT Premier Doughnut Indonesia, the Bali outlet is one of 20 outlets of the world-famous pastry maker set to be open across Indonesia.
Traded on the New York Stock Exchange (NYSE:KKD), Krispy Kreme does not have an ownership position in the Indonesian franchise which is principally owned by PT MAP Indonesia.
About Krispy Kreme
Founded in 1937 in Winston-Salem, North Carolina, Krispy Kreme is a leading branded retailer and wholesaler of high-quality doughnuts, including its signature Hot Original Glazed. There are currently approximately 300 Krispy Kreme stores and 90 satellites operating system wide in the United States of America, Australia, Canada, Mexico, South Korea and the United Kingdom.
PT MAP Premier Indonesia is involved in department and specialty retail stores in major cities of Indonesia including Bali, Surabaya, Medan and Bandung.
"We are excited by this opportunity to bring Krispy Kreme to Indonesia," said Johannes Ridwan, Director of PT Premier Doughnut Indonesia. "We know our customers well and are confident that they will truly enjoy the unique Krispy Kreme experience and the Hot Original Glazed(TM) doughnut."
To help celebrate the launch of the Krispy Kreme doughnut in Bali, representatives of the Bali outlet were dispatched to various locations around Kuta on Friday to hand out free boxes of the signature product to the public.
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