Business
American Businesses Which Have Extended to Europe
As a citizen of the United States of America, Europe is one of the best places if you are looking to expand your business. The governments of various countries in Europe provide a number of incentives and benefits for people who invest in businesses in their country, acquire businesses, or even set up their own businesses. This is the reason why Europe is one of the most preferred destinations to do business in.
The benefits given to Americans with businesses in Europe can range from tax credits to monetary incentives. The profits from running a business in Europe may be higher than running a business anywhere else in the world. So, a huge number of American citizens set up their own businesses across the pond in Europe. Be it restaurants, fashion businesses, or real estate firms, Europe provides ample business opportunities for all. Here is a list of businesses born in America which thrived in Europe.
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Michael Kors
This is an America-based fashion house that has made its mark in Europe. Headquartered in New York, this luxury fashion company has more than 1200 stores around the world. Out of the 1200 stores, 200 are in Europe alone and this is one of the most preferred brands among Europeans who are looking to buy ready-to-wear women’s fashion and luxury handbags. London, Paris, Cannes, and Milan all have stores of this brand or the products from this fashion house are also sold at various multi-brand stores in Europe like Nordstrom, Bergdorf Goodman, and more. The brand also has shoes, sunglasses, and more in their line of products. This is one of the most successful American businesses in Italy and all over Europe. So, it would be remiss to not add Michael Kors and his brand to a list celebrating Americans with businesses in Europe.
Check out also this guide and tips about American businesses in Italy.
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Gordon Ramsay
He is one of the most well-known chefs in the world and has close to 60 restaurants spread all over the world. Even though he is a Scottish chef, the number of people who own stakes in his restaurants are American. The highest number of his restaurants are concentrated in the UK while a few of his highest-rated restaurants being located in France and Italy. His multiple Michelin stars are just proof of how beloved his restaurants are and tourists from all around the world look for a spot at his restaurants when they are in a city that has a restaurant that is owned and run by Gordon Ramsay.
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Donna Karan
She is another American stalwart from the fashion industry who has made her mark in Europe. She is based out of New York but her first stores opened in New York and London around the same time. She has 70 stores worldwide. In the Netherlands, Greece, and the UK, her brand, DKNY stores, are very popular. She has been familiar with customers in Europe for a long time as she has worked with many other European fashion houses. She is definitely one of the Americans with businesses in Europe.
To Conclude
The European Union region promotes trade relations by entertaining foreign direct investments, providing tax credits, and more. Europe, as a whole, is a great market for American businesses. So, Americans with businesses in Europe have been reaping these benefits of the European market by expanding their business to various parts of Europe. Be it Italy, France, Spain, or even smaller nations like the Czech Republic and Greece, all of these have become havens for Americans with businesses in Europe because of the huge amounts of advantages of running a business in these parts.
Read more: 5 Telltale Signs Your Business Needs To Rebrand
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