Filipino fried chicken chain to open London flagship with £50m European expansion
An Asian restaurant chain has announced that it is investing £50m into its European expansion with a new London flagship.
Jollibee, a Filipino fried chicken restaurant, is opening a new flagship site in Leicester Square, London, to be followed by an additional seven stores across the country.
The £50m investment will push the company’s growth across Europe, with 50 restaurants set to open across the continent by the end of 2025.
Dennis Flores, president and regional business head across Europe, the Middle East, Asia and Australia, commented: “Jollibee is dedicated to growing the brand here in the UK and across Europe.
“Investing £50m proves our commitment to become a major player in the quick service industry here.
“We adapted our approach to appeal to a young British demographic which meant building a premium, inviting space with a touch of our distinctive Asian heritage.
“The pandemic may have been a setback, but it will not deter us from pursuing our vision for Jollibee in the UK and the rest of Europe.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline