Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Twosome Place to enter US market in October for 'next phase of growth'

Korean coffee chain Twosome Place said Thursday it will enter the U.S. market next month, marking its first move into a major overseas market. Twosome Place will open its first overseas outlet in Alexandria, Virginia, in October and plans to open more locations in the DMV area, which encompasses Washington, D.C., Maryland and Virginia, the company said in a statement. The company aims to expand…

Twosome Place to enter US market in October for 'next phase of growth'

Korean coffee chain Twosome Place announced plans to enter the U.S. market next month, beginning its first overseas expansion in October. The company will open its inaugural overseas location in Alexandria, Virginia, with further openings planned for the DMV region, comprising Washington, D.C., Maryland, and Virginia. Twosome Place aims to expand into other major U.S. cities after establishing its presence in the DMV area, with the goal of becoming a major brand in the United States, leveraging its 25 years of experience in Korea's food and beverage industry.

The company's CEO, Moon Young-ju, stated that the U.S. will serve as the first stage, with the Alexandria store marking the start of a new chapter in Twosome's global journey. In the United States, Twosome Place intends to merge its expertise in coffee-and-dessert pairings with Korean flavors and local consumer preferences to create products and experiences tailored to the U.S. market.

Established in 2002, Twosome Place currently operates 1,750 outlets in South Korea and is wholly owned by global investment firm C.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at koreatimes.co.kr →

More in Finance & Markets

Policy gaps deter nutrition investment

ISLAMABAD: While acknowledging that the public sector alone cannot meet nutrition requirements, speakers at a conference said on Wednesday that a lack of policy consistency and coordination among government agencies was restricting the private sector from playing an active role in this regard.

More from Thursday 3 September →