Apparel Group, the Dubai-based fashion and lifestyle retail conglomerate, experienced unprecedented growth and impactful initiatives throughout 2023. The company successfully launched 350 new stores across international locations, solidifying its global presence in the retail sector. This expansion reflects Apparel Group’s dynamic growth strategy and dedication to delivering exceptional shopping experiences worldwide.
Expansion and Brand Partnerships:
In tandem with its significant expansion, Apparel Group established strategic partnerships with prominent brands, expanding its diverse portfolio. Key alliances include Forest Essentials, Allo Beirut, Asics, Babies & More, BCBGMAXAZRIA, BEN SHERMAN, BRUNOMAGLI, CLARKS, DAISO Japan, FLO, Firehouse Subs, Forever New, Martha Stewart, Project Chaiwala, and Sur La Table. These partnerships exemplify Apparel Group’s commitment to offering various retail experiences globally.
Sustainability and Social Responsibility:
In 2023, Apparel Group reaffirmed its commitment to environmental and social responsibility. The company engaged in ESG-linked term financing arrangements with Emirates Islamic and Emirates NBD, integrating sustainability goals into its financial strategy. This move underscores Apparel Group’s dedication to responsible governance and environmental stewardship. The group’s sustainable practices and corporate social responsibility efforts were also acknowledged with prestigious awards, emphasizing its leadership in implementing impactful sustainability initiatives.
Looking Ahead to 2024:
As Apparel Group looks to the future, it is well-positioned for continued growth and innovation. The focus on customer-centricity, market diversification, and embracing new opportunities will drive ongoing success and influence in the retail sector. Looking forward, Apparel Group strategically aims to penetrate emerging markets, including Hungary and the Philippines.
About Apparel Group
As a global force in the fashion and lifestyle retail landscape, Apparel Group stands at the nexus of the modern economy, headquartered in Dubai, United Arab Emirates. Currently, the Group caters to a vast and discerning audience, boasting a network of over 2100 retail stores and representing more than 85 brands across all platforms. With a dedicated multicultural workforce exceeding 20,000 individuals, the conglomerate has not only solidified its presence in the GCC. Still, it has also established thriving gateways to markets in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, Pakistan, and Egypt.
Pioneering an omni-channel experience, the conglomerate operates brands originating from diverse regions such as the USA, Canada, Europe, Australia, and Asia. Renowned names in fashion, footwear, and lifestyles, including Tommy Hilfiger, Charles & Keith, Skechers, Aldo, Nine West, Aeropostale, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Inglot, and Rituals, form part of its extensive portfolio.
The extraordinary growth trajectory of the Apparel Group can be attributed to the visionary leadership of its dynamic Founder and Chairwoman, Sima Ganwani Ved. Over the last two decades, Sima has steered the company from strength to strength, guiding it to its current pinnacle in global retail.
