Welcome!

News Feed Item

The Coffee Bean & Tea Leaf® Inks Exclusive Area Development Agreement For Territory Of Japan

L.A. Style Inc., a new joint venture between HOTLAND Co., Ltd., and AEON MALL Co., Ltd., signs with the Southern California brand to begin brewing premium coffee and teas in Japan by the end of 2014, marking expansion into 25 countries worldwide

LOS ANGELES, Aug. 4, 2014 /PRNewswire/ -- The Coffee Bean & Tea Leaf®, Southern California's oldest and largest privately-held specialty coffee and tea retailer in the U.S., announces the signing of an exclusive area development agreement with developer, L.A. Style, to introduce its premium beverages and innovative brand culture to the territory of Japan. L.A. Style is a joint-venture partnership between HOTLAND Co., Ltd., an experienced and actively growing operator in the Japanese fast-casual restaurant segment and AEON MALL Co., Ltd., Japan's largest shopping mall developer. Launching its first store by year's end, L.A. Style Inc. intends to grow the brand's presence nationally with an expected 200 stores across Japan. With the expansion into Japan, The Coffee Bean & Tea Leaf® solidifies its already strong Asian footprint, which is a critical component of the company's growth and expansion strategy. This deal marks the company's presence in 25 countries as it fast approaches 1,000 company-owned and franchise stores worldwide.

The Coffee Bean & Tea Leaf Logo

"It's an exciting time to enter such a prolific coffee market like Japan, where we can appeal to consumers who are searching for an exceptional coffee and tea experience," President and CEO John Dawson says. "We're eager to bring our brand of signature beverages and unique store experience to Japan and confident that L.A. Style, with its vast experience and resources, will guarantee continued growth in Japan for years to come. This is an important milestone demonstrating our commitment to continued growth in Asia."

"We are honored and proud to be able to introduce a brand with such rich history as The Coffee Bean & Tea Leaf® to Japanese consumers," President of L.A. Style Inc., Morio Sase says. "We look forward to growing this iconic American brand into one that is loved by customers throughout our country, and will work tirelessly to contribute to The Coffee Bean & Tea Leaf®'s brand equity and continued growth."

The expansion into Japan is the latest major announcement in the brand's growth and expansion initiatives enacted since the appointment of John Dawson in January 2014, and following the September 2013 investment by private equity firms Advent International, CDIB Capital, and Mirae Private Equity. While The Coffee Bean & Tea Leaf® works to expand its international footprint; it is also investing in its home market of Southern California, opening new stores and bolstering executive ranks with seasoned talent. The brand is currently in the midst of a robust 'Keep Cool and Summer On' Summer 2014 advertising campaign in the U.S., the largest to date in its company history.

About The Coffee Bean & Tea Leaf®
Born and brewed in Southern California since 1963, The Coffee Bean & Tea Leaf® is the oldest and largest privately-held specialty coffee and tea retailer in the United States. Embodying a passion for connecting loyal customers to one another with carefully handcrafted products, the company is known for sourcing and providing the finest ingredients and flavors from around the world. For more than 50 years, The Coffee Bean & Tea Leaf® has demonstrated a passion for product innovation epitomized by The Original Ice Blended® drink. The company has grown to be an international icon and currently is fast approaching 1,000 stores in 24 countries. Please visit CoffeeBean.com for more information.

About L.A. Style Inc.
L.A. Style is a newly formed joint venture between HOTLAND Co., Ltd., an experienced food provider throughout Asia, and AEON MALL Co., Ltd., Japan's largest shopping mall developer. The partnership is overseen by President Morio Sase.

About HOTLAND Co., Ltd.
HOTLAND Co., Ltd., founded in 1991, is a growing and experienced fast casual F&B operator in Japan which operates 531 locations across international markets including Japan, Singapore, Thailand, Taiwan, Cambodia and Hong Kong. HOTLAND also operates other concepts that realize traditional Japanese foods in approachable, fast-casual formats, and recently acquired "Cold Stone Creamery Japan Co., Ltd."

About AEON MALL Co., Ltd.
Founded in 1911, AEON MALL Co., Ltd. is a subsidiary of AEON CO., LTD., which is Japan's largest retail organization with a total of 300 group companies in 14 Asian countries.  AEON MALL is a specialist shopping mall developer, focusing on large-scale shopping malls, tenant leasing and operation/management.

Logo - http://photos.prnewswire.com/prnh/20130709/LA44075LOGO

SOURCE The Coffee Bean & Tea Leaf

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloads out there to take into public cloud," explained Swen Conrad, CEO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained , Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.