ASX-listed Retail Food Group takes control of Gloria Jean's NZ master franchise from failed owner

By Jonathan Underhill
Oct. 19 (BusinessDesk) - Retail Food Group, the ASX-listed franchisor of food outlets including Donut King, Brumby’s Bakery and Michel’s Patisserie, says it has taken control of the New Zealand master franchise for the Gloria Jean's chain after the failure of the local company that owned the rights.
There are some 12 Gloria Jean's cafes in New Zealand, which had operated under the umbrella of Auckland-based Boost Group. In September, Boost was put into receivership by GJ New Zealand Holdings, which had provided vendo...
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