Retail Express
Shake Shack to Add 10 Stores in Mainland China
2021-06-24
Photo by www.rli.uk.com
The business is set to expand its presence in Mainland China under its partnership with Maxim’s Caterers.
Shake Shack China aims to launch 10 Shacks in new locations across the territory by 2031, including ones in Sichuan, Chongqing, Yunnan, Hubei, Shaanxi, Anhui, Henan and Guizhou. Aside from launching in new territories, Maxim’s Caterers has also committed to increasing Shake Shack’s store number to 79 in China in the next decade.
“China is incredibly fast paced, dynamic and remains our fastest growing international market,” said Michael Kark, Chief Global Licensing Officer of Shake Shack.
“The rapid growth of Shake Shack in East, North and South China has demonstrated the high trust and support of our fans in the country,” said Michael Wu, Chairman and Managing Director of Maxim’s Caterers Limited. “Maxim’s and Shake Shack adhere to a friendly and cooperative relationship and will continue to explore a more comprehensive expansion plan into 2031.”
Jointly owned by Dairy Farm International and Hong Kong Caterers, Maxim’s Caterers is behind the Starbucks businesses in Hong Kong, Thailand, Singapore and Vietnam.
Source: www.rli.uk.com
