Britain’s Pret A Manger coffee chain set for foray into Israel

British coffee and sandwich chain Pret A Manger is set to launch in Israel, opening at least 40 cafes in the country over the next decade. The London-based chain has entered into a non-binding agreement with the Israeli fashion store chain Fox-Wizel Ltd. and restaurant group operator Yarzin Sella to establish and operate the coffeeshops in Israel. As part of the agreement, a jointly owned company for the purpose of the franchise will be set up in which Fox will hold 75% and Sella 25%.

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