Esprit plans a further 1,000 new franchise businesses
The Esprit fashion chain opened 126 new international franchise stores during the second half of last year. According to information published by the company, the number of its franchise branches across the world rose from 945 to 1,071 between 30th June and 31st December 2006.
The number of franchise stores in Europe increased from 724 to 829. In its preliminary report, Esprit talks about its increased commitment to franchising. Over the next three years, it says, it is looking to open up more than 1,000 new franchise stores.