Starbucks to open UK franchises as profits jump Kris Engskov, the Starbuck managing director for Britain, said: "I hope by the end of the calendar year we will have the first franchise in the South of England. That wil be our first franchise anywhere in the world. Starbucks believe the franchise model will work in Britain. Starbucks shares, which have risen 45pc over the past year, slipped 1.1pc to $47.79 in extended trading.