 | |
| Formerly | Hollys F&B Co., Ltd |
|---|---|
| Company type | Subsidiary |
| Industry | Lifestyle |
| Founded | 1998; 28 years ago (1998) |
| Headquarters | , South Korea |
Area served | South Korea, Peru, Philippines, United States, Malaysia, China, Thailand, Vietnam |
Key people | Shin Yoo-jeong (CEO) |
| Products | Coffee, baked goods |
| Parent | KG Inicis (KG Group) |
| Website | Official website |
KG Hollys F&B Co., Ltd, trading asHollys (Korean:할리스;RR:Halliseu) and known until March 2021 asHollys Coffee (할리스 커피;Halliseu keopi), is a South Korean lifestyle and specialtycoffee company part of theKG Group. The company was established in 1998 and opened South Korea's firstespresso shop that year. Its shops offer espresso, coffee,tea, specialty coffee- and tea-based hot and cold drinks, a variety of pastries and other snacks and coffee supplies. By 2008 there were more than 100 Hollys Coffee shops in the country, and the franchise had expanded with additional stores in China, Thailand, Vietnam and Malaysia.
Hollys Coffee opened its first store in May 1998 in Gangnam District, Seoul.[1]It expanded rapidly and opened its 100th store in May 2006 inGangnam station.Its first international store was in the US and opened April 2008 inLos Angeles.It opened its 200th store in May 2009.The Hollys Coffee Academy was opened in April 2011.Continuing to expand overseas its first store in the Philippines was opened in July 2011,the first store in China was opened in July 2012 inShenzhen.[2]and its first store in Thailand opened in 2013 inBangkok[3]
In October 2020, KG Inicis (aKG Group affiliate) through a special purpose company, Crown F&B, acquired a 93.8% stake in Hollys F&B (the Hollys Coffee company) fromIMM Private Equity, a private equity fund manager.[4][5]
In March 2021, the company removed "Coffee" from its trade name and relaunched it as a "lifestyle brand". A revised logo and a new slogan were also introduced.[6]
