;
Email: info@franchise.ae
 
Search Business Opportunities
Oct, 28 2011

Alhokair Co plans to open 400 stores

Alhokair, Saudi retailer is planning to open 400 new stores within the next two years.

Alhokair Co plans to open 400 stores

Alhokair, Saudi retailer is planning to open 400 new stores within the next two years. The planned expansion will be both  for domestic as well as international market. Alhokair has 75 franchisees in the Middle East and 1,300 stores across the  globe. The company is focusing majorly on emerging markets and  expecting foreign sales to grow by 30 per cent next year with new stores. Also, the company operates in Jordan, Egypt, Morocco and Kazakhstan, and plans to expand into Commonwealth of Independent States (CIS) countries.  Alhokair's has many well known international franchise brands in its portfolio such as Zara, Marks & Spencer's, Gap, Aldo, Monsoon, Accessorize and Topshop. The company had previously announced entering into a joint venture (JV) arrangement with British luxury goods brand ‘Burberry’. Alhokair will hold a 40 per cent stake in the Riyadh-based JV and sell the Burberry products.  

 

Comment
User
Email
Star
Address
Related opportunities
  • Quick Service Restaurants
    About: Launched in 2012, Chicken Xpress is South Africa's leading brand..
    Locations looking for expansion -NA-
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size USD 100,000 - 500,000
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • Men's footwear
    About: Wayne Wright Shoes are a perfect combination of comfort and..
    Locations looking for expansion -NA-
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size USD 100,000 - 500,000
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater East Delhi -NA-
  • Men's clothing
    About Sawaash & Aarmish :-Sawaash is a leading designer, manufacturer,..
    Locations looking for expansion -NA-
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size USD 50,000 - 100,000
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater East Delhi -NA-
  • About: Akums Drugs & Pharmaceuticals Ltd, Haridwar, (India) is the largest contract..
    Locations looking for expansion -NA-
    Establishment year 2004
    Franchising Launch Date 2017
    Investment size USD 500,000 - 1,000,000
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi -NA-