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Friday, February 10, 2023 9:07:34 AM
Press Release | 02/06/2020
As it steps up its overseas push, Kisses from Italy reveals plans for India
MIAMI, FL / ACCESSWIRE / February 6, 2020 / Kisses from Italy Inc. (OTCQB:KITL) announced today that it has entered into a partnership agreement with ExpanGlobal, a leading market entry and expansion company headquartered in India. As an initial step, ExpanGlobal will be representing Kisses from Italy at the Global Franchise Show being held on February 22nd in Mumbai, India. Over the last few months, both organizations have learned a lot about each other and have come to realize that they share similar views on driving growth through expansion in India. "Both teams are ambitious and driven and we are certain that this will result in a solid synergistic alliance," stated Kisses from Italy's co-founder, co-CEO and CIO, Claudio Ferri.
Michele Di Turi, also a co-founder of Kisses from Italy, as well as its President and co-CEO, who will be attending the Global Franchise Show in Mumbai said, "We are very excited to be in India, with ExpanGlobal, who is giving us a great opportunity to enter such a rapidly expanding market." Di Turi added, "It is an honor for Kisses from Italy to take part in this unique opportunity, and we are looking forward to attend the Global Franchise Show and working with ExpanGlobal's team while continuing to learn more about the traditions and culture of India."
Mrinal Srivastava, Founder and President of Global Expansion for ExpanGlobal commented, "Over the past two decades, Indians have developed a distinct taste for Italian food. It turns out to be the second most sought out international food amongst Indians, according to a recent survey. It seems to be on the top of their favorites list, and thus there is a huge potential for a brand like Kisses from Italy to be established and scaled throughout the market of India. A unique opportunity also presents itself with Kisses from Italy, as not only being a prospective Franchisor, but also being one of the rare companies among us that is currently publicly trading on the U.S. stock market. We are looking forward to writing a great success story for Kisses from Italy in India and other potential regions across the globe."
Raghav Khattar, Founder and President of Marketing and Investor Relations added, "We partnered with Kisses from Italy as we see a clear demand for owning authentic Italian concepts in the franchising sector throughout India. With the high brand credibility and systematic development approach we are certain we can scale the concept in the region."
Kisses from Italy's announcement of its expansion plans into India comes on the heels of their most recent announcement on January 30th that the company will soon see the opening of its first franchised location in the State of California.
About ExpanGlobal.
ExpanGlobal, a leading market entry and expansion company headquartered in India, assists international brands by their tailor-made services and solutions on expansion in key emerging markets like Asia, Middle East and South East Asia. ExpanGlobal's value lies in the strength of its understanding of itds clients' needs for international expansion. ExpanGlobal is working to provide its associated brands with excellent service, as it adapts and innovates to meet and exceed their clients' needs with local know how, experience and expertise to scale the various business concepts from multiple sectors. ExpanGlobal is commited to being the best expansion partner for your business
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