Headline: Apparel Group Expands Presence with Nine West Acquisition in KSA
Saudi Arabia, (October 2024), Apparel Group, leading fashion and lifestyle conglomerate, is excited to announce the acquisition of 12 Nine West Stores in the Kingdom of Saudi Arabia, solidifying their presence in the region. This move amplifies Apparel Group’s portfolio and strengthens its position in the region, reflecting its constant commitment to exceeding expectations every day.
This strategic acquisition will add 12 new Nine West stores to Apparel Group’s portfolio in the Kingdom of Saudi Arabia (KSA), this expansion brings the total number of Nine West stores in the region to 29, including 14 stores in the UAE, 3 in Qatar, and 1 in Oman. All 12 of the newly acquired stores have been operational under Apparel Group since September 11th 2024.
Neeraj Teckchandani, CEO of Apparel Group, commented, “The acquisition of 12 new Nine West stores in KSA aligns perfectly with our strategic goals and vision for the future. We are eager to leverage Nine West’s strong brand identity and extensive product range to drive further success and innovation in the retail industry.”
The acquisition has commenced with the 12 Nine West stores actively under Apparel Group’s management. This strategic move promises to create new opportunities and elevate the Group’s influence in the retail sector.
About Nine West
Nine West is a leading global fashion brand renowned for its stylish and high-quality footwear, handbags, and accessories. With a commitment to innovation and a deep understanding of contemporary fashion trends, Nine West continues to inspire and empower women through its dynamic collections and impactful initiatives.
About Apparel Group LLC
Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to thousands of eager shoppers through its 2,200+ retail stores and 85+ brands on all platforms while employing over 24,000+ multicultural staff.
Apparel Group has not only established a strong presence in the GCC – Bahrain, Qatar, Oman, Kingdom Of Saudi Arabia & Kuwait but also strategically expanded its reach to thriving markets in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, and Egypt. Moreover, the company has set clear strategies to venture into promising emerging markets such as Hungary and the Philippines, showcasing its forward-thinking approach.
Apparel Group has curated a diverse portfolio of brands, offering an omni-channel experience. These brands, originating from the USA, Canada, Europe, Australia, and Asia, include leading names in fashion, footwear, and lifestyles such as Tommy Hilfiger, Charles & Keith, Skechers, ALDO, Crocs, Nine West, Calvin Klein, Aéropostale, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Inglot, and Rituals. This diverse range reflects the company’s versatility and adaptability.
