Latest News

SAUDI ARABIA: M&S to open first lingerie and beauty store 10 Mar 2014

UK retailer Marks & Spencer (M&S) will this week open its world-first lingerie and beauty store in Riyadh, Saudi Arabia.

SAUDI ARABIA: Al Hokair buys US children’s wear retailer 18 Jul 2011

Retail Group of America, a unit of Saudi Arabia-based fashion retailer Fawaz Abdulaziz Al Hokair Company, has bought bankrupt children’s clothing chain Strasbourg Jarvis in a deal worth US$2.2m.

US: Nike signs Saudi Arabia distribution deal 23 Jul 2010

Saudi Arabian retailer and wholesaler Sun and Sand Sports has entered a distribution agreement with sporting goods giant Nike.

SAUDI ARABIA: Destination Maternity opens first stores 21 May 2010

Maternity apparel retailer Destination Maternity Corporation has opened its first three stores in the Kingdom of Saudi Arabia.

SAUDI ARABIA: Adidas opens first Originals store 23 Jun 2009

German sporting goods giant Adidas is opening of its first Originals retail store in Saudi Arabia.

SAUDI ARABIA: Fawaz to open five Gap stores - report 10 Dec 2007

Saudi Arabian fashion operator Saudi Fawaz Abdulaziz Alhokair is reportedly opening five outlets of the Gap Inc brand in the country over the next two weeks.

SAUDI ARABIA: Global equity fund buys stake in Ajlan textile firm 16 Jul 2007

Kuwaiti investment bank Global Investment House has bought a “significant” stake in Saudi textile manufacturer Ajlan Bin Abdulaziz Al-Ajlan & Brothers (Ajlan) through its private equity funds.

SAUDI ARABIA: Cherokee signs license deal with Alhokair Group 31 Oct 2006

Licensor and brand management firm Cherokee has signed an exclusive international license agreement with the Fawaz Alhokair Group, Saudi Arabia’s biggest retail group.

SAUDI ARABIA: Largest retailer launches $352m IPO 10 Oct 2006

Saudi Arabia’s largest fashion retailer, Fawaz Abdulaziz Alhokair & Co, on Saturday (7 October) opened a US$352m initial public offering, valuing the company at just under $1.2bn.

SAUDI ARABIA: Adidas extends Al Hilal partnership 9 Oct 2006

Sports goods firm Adidas has extended its partnership with Saudi football club Al Hilal for another year.