NEW YORK NexCen Brands Inc., the embattled franchisor of five quick-service chains and four retail or consumer products brands, reported Tuesday that revenues from its franchising business totaled $12.0 million for the second quarter ended June 30, up from revenues of $4.7 million a year ago, mainly on new franchise sales. Despite credit trouble, asset impairment charges and corporate layoffs, NexCen said franchised locations totaled 1,895 in the second quarter versus 1,174 locations ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?