Red Mango

Red Mango

Infobox_Company|
company_name = Red Mango, Inc.
company_
company_slogan = Treat Yourself Well(tm)
company_type = Company-Owned & Managed
foundation = 2002 in Seoul, South Korea
location = Culver City, California, US
key_people = Daniel J. Kim, President & CEO
industry = Restaurants
products = Frozen yogurt
Smoothies
homepage = [http://www.redmangousa.com RedMangoUSA.com]

Red Mango is a frozen yogurt chain founded in South Korea in 2002 that has gained popularity in the United States. The company is known for using natural ingredients in making "authentic frozen yogurt" that is both tart and creamy. Red Mango frozen yogurt is also considered to be healthy — the company announced in 2007 that it became the first retailer of natural frozen yogurt to receive the National Yogurt Association's Live and Active Culture Seal, [cite press release |title=Red Mango Certified By The National Yogurt Association To Use The Live And Active Culture Seal |publisher=Red Mango |date=2007-08-23|url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/08-23-2007/0004650344&EDATE= |format= |language= |accessdate=2008-01-24] a certification given to yogurt manufacturers whose products have live and active culture counts in amounts that researchers have determined to have positive health benefits. [ [http://www.aboutyogurt.com AboutYogurt.com ] ]

History in United States

Red Mango opened its first stores in the United States in July 2007 in Los Angeles, California (Westwood Village near UCLA) and Las Vegas, Nevada. The company's first store in Washington State opened in October 2007 in Bellevue Square. The company currently has 33 locations, and according to USA Today, will soon expand at a rate of 2 stores per month across the United States. [ [http://www.usatoday.com/money/smallbusiness/2007-12-30-red-mango_N.htm USA Today - Red Mango USA dishes up healthier frozen yogurt] ] Red Mango recently opened its first store in the San Francisco Bay Area in Palo Alto, CA. [ [http://voice.paly.net/view_story.php?id=6894 Red Mango Soft-Serves Pleasure] ] [ [http://www.mercurynews.com/news/ci_9301274 Fro-yo chain debuts in Bay Area] ]

Since its opening, the Red Mango store in Westwood Village has become a popular frozen yogurt shop for UCLA students. Its main competitor is Pinkberry, which many frozen yogurt aficionados suggest is a copycat of Red Mango. [http://www.labusinessjournal.com/weekly_article.asp?aID=113288 Los Angeles Business Journal Online - business news and information for Los Angeles, California ]

Red Mango currently has US offices in Sherman Oaks, California.

Yul Kwon, winner of a season of the Survivor reality series, recently opened a Red Mango in Silicon Valley in downtown Palo Alto.

Management

Daniel J. Kim is the president and CEO of Red Mango. He is a graduate of UC Berkeley's Haas School of Business and a former investment banker.

The company's investors and advisors include movie producer John Davis who is the son of Marvin Davis, movie producer Roy Lee, and Stone Canyon Venture Partners.

Gallery

References

External links

* [http://www.redmangousa.com/ Red Mango Official Website]
* [http://www.youtube.com/watch?v=x__4NZSct14 Fox News Interview of Red Mango CEO Dan Kim]
* [http://money.aol.com/news/articles/_a/the-latest-from-the-fro-yo-wars/20071101141109990001 CBS Marketwatch - The Latest From the Fro-Yo Wars]


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