Post Today: Dean & DeLuca uses Thailand’s model for global expansion
11 December 2014
Dean & DeLuca announced to open 3 new stores yearly after changing business owner from US to Thai company, PACE. Mr. John Barton, COO of Dean & DeLuca (Thailand) Co., Ltd. revealed that Dean & DeLuca is accelerating its investment in Thailand from 1 store opening per year to 2-3 stores per year, in accordance with PACE's direction. PACE is the new holder of Dean & DeLuca brand and the company has acquired the brand since November 2014 from Dean & DeLuca Holding, Inc. It also targets to expand Thailand stores from the current 4 branches to 20 branches within 2020