Global Brands Share News (GBR)

Global Brands, the master franchise owner for Dominos Pizza in Switzerland, enjoyed a strong finale to last year with record sales of 1.28m Swiss francs (£834,000) in December.Sales totalled 3.8m francs for the final quarter of the year, resulting in a like-for-like sales increase of 16.3% from the same period the previous year."We are delighted with our progress in 2010 and our 12 stores performed extremely well," said chief executive Bruce Vandenberg. "Sub-franchising holds the key to further growth for the company and the Pagonia acquisition provides us with a solid base for 2011."Pagonia is a holding company that sub-franchises four pizza delivery stores in Switzerland.