Tuesday 7 July 2015
 
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Abercrombie & Fitch opens second store in Kuwait

Abercrombie & Fitch, a leading retailer and casual wear clothing brand, has opened its second national store at 360 Mall, Kuwait’s iconic shopping destination owned by Tamdeen Shopping Centers.   This is the retailer

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Qatar retailer Al Meera partners with Lusail city

Al Meera, a leading retail chain in Qatar, has signed a MoU with Lusail Real Estate Development Company to operate and manage two community retail centres in Fox Hills and North Villas District in Doha, Qatar. The Lusail City deve

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Qatar to join Dufry in bid for World Duty Free

Qatar Investment Authority and Swiss travel retailer Dufry are teaming up to bid for Italian travel retailer World Duty Free (WDF), which belongs to the Benetton family, two sources familiar with the matter told Reuters on Monday.

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Qatar to join Dufry in bid for World Duty Free

Qatar Investment Authority and Swiss travel retailer Dufry are teaming up to bid for Italian travel retailer World Duty Free (WDF), which belongs to the Benetton family, two sources familiar with the matter told Reuters on Monday.

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3 new retailers open at City Centre Qurum

City Centre Qurum, a family destination of choice developed by Majid Al Futtaim in Oman, has opened three new retail stores, demonstrating its commitment in sustaining the changing demands of the community. The newly-opened stores

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US clothes retailer files for bankruptcy

Wet Seal became the fourth US apparel retailer to file for bankruptcy in two months as the sector struggles with growing competition and lower spending by teen shoppers. The company said its shift away from fast-fashion clothing,

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ME retailer Azadea eyes $500m from stake sale

Azadea Group, a retailer with franchise rights for brands such as Gap, Zara and Superdry across the Middle East, aims to raise up to $500 million with the sale of a minority stake in the business, sources aware of the matter told Reuters.

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Souq.com plans Black Friday-style sales event

Dubai-based Souq.com, one of the Middle East's largest e-commerce businesses, aims for high double-digit revenue growth as it introduces Black Friday-type discount events to help lure shoppers from the city's retail malls.

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Jarir Marketing to double stores over five years

Saudi Arabian retailer Jarir Marketing Co plans to invest SR1.1 billion ($293 million) over the next five years to roughly double the number of its stores in Saudi Arabia and the Gulf, its chairman said. The kingdom's largest

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Qatar retailer to open 8 new malls

Al Meera, a leading retail chain in Qatar, said work was on track for the opening of all the eight new malls in the country by the end of this year. The company officials announced this at the launch of its new branch in Legtaifiy

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