Update: KFC denies opening in sanctioned Iran

 
Feb. 27, 2012

Last week it was reported that KFC opened a restaurant in Iran despite U.S. sanctions put into place over the country's lack of transparency regarding its nuclear programs.

It now appears those reports are untrue.

The Iran Independent News Service reported last week that it took five years for Ami-Hossein Alizadeh, who claimed he was the brand's license holder, to get permission from local authorities to open the chain in the country. He said during a press conference (which included a backdrop of a Colonel Sanders KFC logo) that there were plans for 500 more KFC restaurants to open in the country.

However, KFC -- owned by Louisville, Ky.-based Yum! Brands -- denies such reports, according to a story posted on Rferl.org.

KFC told the BBC's Persian Service that it plans to take legal action against individuals or companies that take advantage of the brand name in Iran. The statement also says that that the company has no plans to open a restaurant in that country.

KFC hasn't had a presence in Iran since 1979, when it closed following the Islamic revolution. The company's affiliation with the U.S., Iran's political enemy, was cited in the closings.

Read more about franchising and growth.


Topics: Chicken , Franchising & Growth , International , Operations Management , Policy / Legislation


Related Content


Latest Content


comments powered by Disqus

 

TRENDING

 

WHITE PAPERS