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 /



elGrocer, the grocery delivery app with ties to some of the major 

Continue Reading

October 25, 2020 | By RetailME Bureau

Jones the Grocer set to open its doors at Dubai’s newly launched 

Continue Reading

October 18, 2020 | By RetailME Bureau

Saudi-based operators of hypermarkets and supermarkets BinDawood Holding Company has completed the 

Continue Reading

October 16, 2020 | By RetailME Bureau

The regional food and grocery delivery app Talabat has announced the expansion 

Continue Reading

October 15, 2020 | By RetailME Bureau

Walmart is hiring 10,000 new employees in Canada for positions in stores 

Continue Reading

October 14, 2020 | By RetailME Bureau

British quality grocery retailer Waitrose & Partners launched its first e-commerce platform 

Continue Reading

October 11, 2020 | By RetailME Bureau

Saudi Arabia-based operator of hypermarkets and supermarkets BinDawood Holding has priced its 

Continue Reading

October 7, 2020 | By RetailME Bureau
Miguel Angel Povedano, chief commercial officer of Majid Al Futtaim – Retail

Majid Al Futtaim announces the launch of a customer insight platform, powered 

Continue Reading

October 7, 2020 | By RetailME Bureau
New Choithrams store opens at Emerald Court, Al Barsha

A new Choithrams store opens at Emerald Court, Al Barsha in Dubai 

Continue Reading

October 5, 2020 | By RetailME Bureau
Asda has new owners

Asda has new owners, as The Issa brothers and TDR Capital are 

Continue Reading

October 5, 2020 | By RetailME Bureau
Spinneys sees “dramatic changes” in shopping patterns

UAE-based supermarket chain Spinneys sees “dramatic changes” in shopping patterns since the 

Continue Reading

October 4, 2020 | By Rupkatha B
Food Crowd is now delivering from farm to home

A new platform in the UAE, Food Crowd is now delivering from 

Continue Reading

October 1, 2020 | By RetailME Bureau




Download Images RetailME Magazine