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T H E L U X U R Y I S S U E : Retail Food Group (RFG) has pulled the trigger on a broad European expansion for Donut King, inking a master franchise agreement that will see the brand open a store in Sweden before Christmas. RFG's international chief Mike Gilbert is overseeing a bullish roll-out for the donut retailer, which is being positioned for investment in key Western European markets, including the United Kingdom. Under its first agreement, Swedish cafe and restaurant business BC Food & Beverage AB will see stores open throughout Scandinavia, with inquiries already being fielded for individual stores within the first European network. Speaking to Inside Retail Weekly, Gilbert revealed that discussions are already underway for subsequent franchise networks, with a variety of other potential partners in the United Kingdom and other key markets in Western Europe. "Europe as a whole is a very good fit for a lot of our brands, including Donut King, as it's a very transportable and replicable model," he said, adding that speed of expansion will be a focus once agreements are locked down. "[Sweden] will be the first venture into this part of the world for Donut King, but it's being designed with supply chain and support models that have an eye on a much wider region than just Scandinavia." Gilbert earlier said in a media RRP $14.95 continued on page 2 I S S U E 2 1 5 0 Donut King's EU expansion shot in the arm for RFG BY MATTHEW ELMAS INSIDE RETAIL WEEKLY NEWS: Amazon threat to grocery 'overplayed' The impact of Ama- zon Fresh on the local market will be "mild", according to IBISWorld. p3 FEATURE: The rise of affordable luxury New consumers are entering the market, as secondhand luxury comes to the fore. p16 NEWS: Luxury brands target Sydney CBD Meanwhile, Tiffany launches new 200 sqm flagship store at Pitt Street Mall. p4 OPINION: Passing the baton at Metcash Ian Morrice leaves behind a business that faces challenges, but is financially sounder. p7 FROM THE SOURCE: Harrolds Ross Poulakis on luxury e-commerce, overseas expansion and dealing with discount fatigue. p10 FEATURE: Is property maxed out on luxe? As luxury evolves, retail property operators have a change of heart. p14 News and views on the world of retail since 1972 26 JULY 2017 V I S I T : I N S I D E R E T A I L . C O M . A U >

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