Thursday, July 14, 2011

Foyles, 105-Yrs-Young, Seeks Partner for Long Walks, Fun, Int’l Expansion

Publishing Perspectives

London’s venerable Foyles is profitable, opening stores across the UK and looking to expand internationally. Chief Executive Sam Husain explains what comes next for the beloved brand.
“Since I joined, I’ve wanted to do something with our name overseas where it is often better known than it is here,” says the company’s amiable 64-year-old Chief Executive Sam Husain. “We have a strong brand and systems that work. The problem is how to manage it with our resources, as well as issues like the supply chain and training. I believe the way to go is franchises and partnerships, and I would be interested in having conversations with serious parties who understand what we are about.”
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