Tasti Goes International

This past week, Tasti D-Lite announced its first international franchising deal with Coffee Bean Korea Co., Ltd. The deal will bring Tasti D-Lite to South Korea, the first country outside the U.S. to receive Tasti goodness. CEO Jim Amos points out that South Korea is a strong first international location because several "fad yogurt chains" have had great success in the country. It is not specifically noted in the press release that Red Mango, the increasingly popular Pinkberry rival, is based in South Korea and is extremely popular there before coming to New York.

Of course, it's a little hard to believe that Tasti will reach South Korea before, say, Boston, or even Chicago. The deal with Coffee Bean makes some sense, as Coffee Bean fanatics on the west coast are quite similar to Tasti fanatics on the east coast. I doubt it will, but if the deal was extended domestically, I'd imagine it would be quite successful. In any case, the international expansion is certainly exciting for Tasti--I look forward to getting my first e-mail from a Korean Tasti addict.

[EDIT: A commenter points out that there is no connection in the deal between Tasti and The Coffee Bean. It so happens that the main franchiser in South Korea of The Coffee Bean is also working with Tasti D-Lite now. There is no connection between the two companies.]