Cooks Global signs JV with BuBuGao, targets 150 coffee stores in China in 5 years

Mon, 18 May 2015

By Suze Metherell May 18 (BusinessDesk) - Cooks Global Foods expects to open 150 Esquire Coffee stores in China in the next five years, after entering a joint venture with Chinese retail and property investor BuBuGao (Better Life) Group. The deal with the Shenzhen-listed retail and property investor will see Cooks open 30 stores in the Hunan province by 2020, the Auckland-based company said in a statement. That boosts its planned stores in China to 150 by 2020, making it the chain's fastest growing region and is part of Cooks' plan to hav...

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