Saudi’s Taj Holding acquires fashion retailer Beside Group

September 24, 2018 | By RetailME Bureau

Saudi Arabia-based investment group Taj Holding has acquired Dubai-based fashion retailer and distributor Beside Group. The latter is a leading partner for international brands in the Middle East, including Diesel, Fred Perry Pinko and Scotch & Soda.

Taj Holding & Beside Group are focused on a smooth transition with continuity being a key objective.  The mid to long term goal is to build on Beside Group’s success to-date and develop a strategy that leads to stable and sustainable growth. Taj Holding’s resources and assets will support Beside Group to achieve this growth through multiple channels including geographical expansion, diversifying revenue streams and portfolio development.

Commenting on the deal, Taj Holding Group Chairman & CEO, Omar Henaidy – who also takes on the role of chairman & CEO of Beside Group – says, “I speak on behalf of everyone at Taj Holding Group when I say that we are proud and privileged to be joining forces with an industry leader such as Beside Group. The acquisition marks our most significant investment in the retail sector and is a landmark investment for Taj Holding Group. It will also provide Beside Group with the necessary resources to accelerate our long-term strategy to becoming the best-in-class retailer in the region.”



Previous Article Next Article


Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

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

Download Images RetailME Magazine