Iconic announces aggressive expansion plans in the Kingdom


March 19, 2014 | By RetailME Bureau

Dubai-based fashion and lifestyle retailer Iconic, part of Landmark Group, has announced ambitious multimillion dollar expansion plan in Saudi Arabia. “The response to the brand has been absolutely fabulous, and I am looking to really expand the brand across the Kingdom in the next three-to-five years in a very aggressive manner,” says Iconic business head Nisha Jagtiani, adding that the brand will have some 30 stores in Saudi Arabia within the next three years.

Currently Landmark Group/Al-Bandar Trading owns and operates some 650 stores across the Kingdom. Plans are afoot to undertake massive expansion of Iconic as a high street brand in Saudi Arabia. “We know a lot of fashion brands are available in Saudi Arabia. Yet I believe there is a gap in the market for someone who understands that the consumer is very fashionable and likes brands available at affordable price points,” she observes.

“To be honest, I wanted to thank the Saudi consumers as it is because of them we really managed to grow in Saudi Arabia, with the Kingdom being a really important market for Iconic and the Landmark Group as a whole,” remarks Jagtiani while expressing her gratitude towards the Saudi customers.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the 

Continue Reading

January 17, 2021 | By RetailME Bureau
Cookit

Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created 

Continue Reading

January 5, 2021 | By RetailME Bureau




Download Images RetailME Magazine