GulfBase Live Support
04/07/2025 08:28 AST
Americana Restaurants International, a leading quick-service and casual dining operator across the Mena region and Kazakhstan, has signed an exclusive franchise agreement with carpo - a premium Greek lifestyle brand, originated in Athens, renowned for its premium nuts, artisanal chocolates, and refined coffee.
The agreement grants Americana exclusive rights to build and operate carpo stores in Kuwait and Qatar, with further expansion planned across Bahrain and Saudi Arabia.
Americana will begin the rollout with flagship stores expected to open by late 2025, marking its entry into the region's luxury food retail sector, said the company in a statement.
Founded in 1991 in Athens, carpo has earned global recognition for its premium quality products sourced globally, that combines unique indulgence with the art craftsmanship.
The brand operates in high-end retail locations across Greece and the UK and has already established a strong presence in the UAE with its successful store in Dubai Mall, launched in 2022.
Building on this momentum, carpo brand is set to open its next store at the prestigious Marina Mall in Abu Dhabi this autumn.
This partnership represents a strategic diversification for Americana, expanding beyond its core restaurant operations into the high-margin premium retail space, it stated.
Mohamed Alabbar, Chairman of the Board, said: "Partnering with carpo allows us to tap into a sophisticated, fast-growing segment with a globally respected brand built on craftsmanship and excellence. It reflects our continued focus on innovation, brand elevation, and delivering differentiated experiences to our customers across the region."
Kostas Kontopoulos, Founder & CEO, carpo, said: "At carpo, we believe in creating spaces where people connect through the beauty of exceptional ingredients and timeless craftsmanship."
"Partnering with Americana, a regional powerhouse with deep operational expertise, enables us to bring the carpo experience to consumers across the Gulf. This marks not just a commercial milestone, but the beginning of a shared vision to elevate consumer experience through heartfelt product offering and service excellence," he noted.
The introduction of carpo aligns with Americana's commitment to building communities around the joy of food, now extended into a luxury retail dimension that prioritizes quality, sustainability, and storytelling, he added.
Trade Arabia
30/04/2025
Americana Restaurants has turned around its fortunes with revenues up 16.2% in Q1-2025, to total $573.4 million, and with net profit a healthy 16.5% higher to $32.6 million. This reverses a string of
Gulfnews
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
ADAVIATION | 5.69 | 0.06 (1.06 |
ADNH | 0.44 | -0.01 (-2.23 |
TAALEEM | 4.20 | -0.10 (-2.33 |
ALG | 1,109.00 | 3.00 (0.27 |
JAZEERA | 1,330.00 | 0.00 (0.00 |
22/09/2025
Gulf Bank announced its sponsorship and participation in the orientation event for new students organized by the American University of Kuwait, as part of its ongoing commitment to engage with new st
Kuwait Times
22/09/2025
Ooredoo Group has sold a minority 6% stake in Meeza- QSTP, Doha's leading managed information technology services and solutions provider, to certain funds managed by Fiera Capital (UK) at the current
Gulf Times
22/09/2025
Al Mahhar Holding Company, a public shareholding company providing specialised services and products to the energy and infrastructure sectors, has been included in the FTSE Russell Global Equity Inde
Gulf Times
22/09/2025
AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the commencement of one of the most significant port modernisation and expansion proje
Trade Arabia
22/09/2025
Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stak
Gulf Times