Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedExit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedFirstly, suspended all shipments to Russia. Then, terminated agreement with Russian franchisee and reduced business in Russia with goal at closing all stores. Franchisees may be continuing to operate stores (three locations in Russia). After Krispy Kreme exited, the rebranding was done and 'Krunchy Dream' welcomes Russian customers.
December 21, 2023 | Russian copycats fill market gaps left by western brands |
April 04, 2022 | Statement on Ukraine |