SAUDI ARABIA: M&S to open first lingerie and beauty store
Lingerie accounts for over a fifth of M&S's sales in Saudi Arabia
UK retailer Marks & Spencer (M&S) will this week open its world-first lingerie and beauty store in Riyadh, Saudi Arabia.
As part of the retailer's ongoing strategy to expand internationally, the store, operated under an existing franchise partnership with Al Hokair, will open on 13 March at Khurais, Riyadh's leading shopping mall. This will be followed by the opening of a second store at the mall of Dhahran in Dammam on 17 March.
Lingerie now accounts for over a fifth of the retailer's sales at its 14 full-line stores in Saudi Arabia. M&S said the new concept will capitalise on the growth opportunities in the Saudi lingerie and beauty markets, where its lingerie sales increased by 17% during the last year.
The retailer plans to open a further eight standalone stores in Saudi Arabia in the next two years, in addition to its two new full-line stores in Jeddah and Riyadh opening this summer.
The stores will offer M&S's lingerie lines, with "edited collections to showcase the season's key trend of florals and pale tones", the retailer said. They will also feature a neutral colour palette and "flattering lighting" to complement the lingerie and beauty collections. Feminine touches will include fresh flowers, wooden hangers, bespoke paper bags and "luxurious" tissue wrapping.
India's garment manufacturers have expressed disappointment at the annual budget for its lack of measures to promote apparel production in the country....
The most-read stories on just-style this week include concerns that the freefalling euro is adding to Bangladesh's textile and clothing production woes, a closer look at Myanmar's new garment Code of ...
- Under Armour on track with new UAS sportswear line
- Myanmar garment exports surged 20% in 2015
- EU trade ministers push on TTIP and Canada pacts
- What does the future hold for world wool supply?
- Why synthetic fibres are a safe bet for the future
- US retailers urge action on Hanjin Shipping crisis
- Zara launches eco-friendly Join Life collection
- Adidas unveils first Speedfactory running shoe
- Bangladesh calls for US duty-free apparel access
- Brexit may hit suppliers with UK duty-free access
- Too Many Standards
- Apparel (GLOBAL) - Industry Report
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Ralph Lauren Corporation : Retailing - Company Profile, SWOT & Financial Analysis
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras