A number of people have complained about Gloria Jeans and my remarks about it.
Remember folks, Starbucks in the 80s started with one store. Yes, just one store These days it is a coffee behemoth and it opens 5 new stores around the world every single day. It's prepaid coffee program has more deposits than many Aussie banks.
The Gloria Jeans name brand is well known in Asia, with some additional traction in the UK & the US. You can even buy a Gloria Jeans coffee in backwaters like Pakistan, Saudi Arabia & a bunch of other places. The brand name is instantly recognisable for a big chunk of the world's population.
So yes, revenue from GJs is insignificant now.But it's a famous name, with an enormous amount of potentiality. The day will surely come when GJ alone becomes more valuable than RFG in its entirety. No question in my mind the GJ side of RFGs business will someday be worth billions.
A number of people have complained about Gloria Jeans and my...
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