After signing an agreement to open stores in the US and UK, skincare products company Laline Candles and Soap Ltd. is now expanding to Japan and the Caribbean.
The chain has signed a franchise agreement with David Mogen Co., owned by former Israeli Tony Levy, to open 30 stores in Japan over the next five years. David Mogen, which manufactures and markets jewelry, has 40 stores around Japan.
The first Laline store is expected to open in Tokyo before the end of 2010 at an investment of $1.5 million.
At the same time, Laline has signed an agreement to open stores in the Caribbean, which will also be operated by a franchisee. Fifteen stores are planned over the next five years.
Laline has 54 stores in Israel and opened a store in San Francisco last month.
Published by Globes, Israel business news - www.globes-online.com - on September 13, 2010
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