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Famous Brands history
Famous Brands company history timeline
In 1970 Halamandres turned his attention to fast food, opening his first hamburger restaurant, called Steers, in Jeppe, South Africa.
In 1983 they developed a new franchising effort and a year later placed a single small advertisement in a South African newspaper to recruit new franchisees.
That enterprise had been founded in 1991 by a pair of college students, Craig McKenzie and Andrew Harvey.
In between, in 1994, Steers Holdings was taken public and gained a listing on the Johannesburg Stock Exchange.
——, “Food for Thought from SA’s Original Franchiser,” Business Times, November 10, 1996.
Also in 1999 Steers became involved in seafood, the fast-food restaurant concept FishAways, a joint venture with the Ocean Basket chain of full-service seafood restaurants.
The alliance was short-lived, however, as Steers bought out its partner in 2001.
Steers began to open units in South Africa in the spring of 2002 and also held the rights to Church’s in 18 other African nations.
While digesting the Pleasure Foods acquisition, Famous Brands focused on internal growth in fiscal 2004.
To better reflect the company’s new position, and to differentiate Steers Holding from the Steer’s brand, the Famous Brands name was adopted in 2004.
Revenues improved to ZAR 464.7 million in fiscal 2005 and operating profit more than doubled to ZAR 93.2 million.
"Famous Brands Ltd. ." International Directory of Company Histories. . Retrieved May 24, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/famous-brands-ltd
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Famous Brands competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Express 1 | 1995 | $580,000 | 25 | 1 |
| Stellar Partners | 1988 | $20.3M | 100 | - |
| Freight International Llc | - | $130.0M | 5,000 | 1 |
| Scrub | 1969 | $39.0M | 650 | - |
| TOTE | 1975 | $79.0M | 650 | 7 |
| Party City of Atlanta Inc | 1992 | $740,000 | 5 | - |
| H&M International | 1968 | $150.0M | 1,000 | - |
| Mach 1 Global Services | 1988 | $20.0M | 180 | - |
| Moeller Reimer | - | $13.0M | 25 | - |
| Conlins Furniture Distributors | - | $1.4M | 25 | - |
Famous Brands history FAQs
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Famous Brands may also be known as or be related to Famous Brands and Famous Brands, Inc.