Emke Group to buy stake in East India Company
UAE-based Emke Group, which operates the Lulu chain of hypermarkets, has planned to acquire a stake in the British trading firm The East India Company that produces global luxury brands.
According to reports, Emke Group is expected to acquire almost 10% in The East India Company. The Group will also own nearly 40% shares in The East India Company Fine Foods, which is a subsidiary of The East India Company. The deal is likely to be signed this week, wfter which The East India Company products will be sold across Lulu hypermarkets in Middle East and India.
Emke Group operates across fields such as retail, hospitality, general trade, food processing, manufacturing and export. The group currently has 110 supermarkets and hypermarkets across the Gulf, Yemen, Egypt and India.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BBeyond Trends: How Women-Led Elif’s UAE is Redefining Luxury Fashion
GMG and Frasers Group Sign 10-Year Retail Partnership to Launch Sports Direct in MENA
New Balance Expands UAE Presence with New Store at Nakheel Mall, Palm Jumeirah
/ 
Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024,
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
/ 
NRF Vice President of Education Strategy Susan Reda forecasts 2025’s retail trends
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
One of UAE’s leading fresh food retailers, Spinneys has announced its intention
Acting as a bridge between Brazil and GCC markets offering a compelling
Commonly cited statistics indicate that around 20% of new businesses fail during
Previous Article
