KG Hollys F&B Co., Ltd, trading as Hollys () and known until March 2021 as Hollys Coffee (), is a South Korean lifestyle and specialty
coffee company part of the
KG Group
The KG Group (, ) is a South Korean '' chaebol'' established in 2003 and operating, through its affiliates, in various industries and other businesses (including chemicals, steel, services, and media). The main affiliates of the KG Group are KG C ...
. The company was established in 1998 and opened South Korea's first
espresso 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.
History
Hollys Coffee opened its first store in May 1998 in Gangnam-gu, Seoul.
It expanded rapidly and opened its 100th store in May 2006 in
Gangnam Station
Gangnam Station is a station located in both the greater Gangnam area Gangnam District and Seocho District of Seoul, South Korea, on the Seoul Subway Line 2.
This station serves as a crucial transfer point between Line 2 and buses to all over ...
.
Its first international store was in the US and opened April 2008 in
Los 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 in
Shenzhen.
and its first store in Thailand opened in 2013 in
Bangkok
In October 2020, KG Inicis (a
KG Group
The KG Group (, ) is a South Korean '' chaebol'' established in 2003 and operating, through its affiliates, in various industries and other businesses (including chemicals, steel, services, and media). The main affiliates of the KG Group are KG C ...
affiliate) through a special purpose company, Crown F&B, acquired a 93.8% stake in Hollys F&B (the Hollys Coffee company) from IMM Private Equity, a private equity fund manager.
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.
See also
*
List of coffeehouse chains
*
References
{{Food chains in South Korea
Food and drink companies of South Korea
Fast-food franchises
Restaurants established in 1998
Coffeehouses and cafés in South Korea
South Korean brands