Saudi Arabia, (October 2024), Apparel Group, leading fashion and lifestyle conglomerate, is excited to announce the acquisition of 12 Nine West Stores in the Kingdom of Saudi Arabia, solidifying their presence in the region. This move amplifies Apparel Group’s portfolio and strengthens its position in the region, reflecting its constant commitment to exceeding expectations every day.
This strategic acquisition will add 12 new Nine West stores to Apparel Group’s portfolio in the Kingdom of Saudi Arabia (KSA), this expansion brings the total number of Nine West stores in the region to 29, including 14 stores in the UAE, 3 in Qatar, and 1 in Oman. All 12 of the newly acquired stores have been operational under Apparel Group since September 11th 2024.
Neeraj Teckchandani, CEO of Apparel Group, commented, “The acquisition of 12 new Nine West stores in KSA aligns perfectly with our strategic goals and vision for the future. We are eager to leverage Nine West’s strong brand identity and extensive product range to drive further success and innovation in the retail industry.”
The acquisition has commenced with the 12 Nine West stores actively under Apparel Group’s management. This strategic move promises to create new opportunities and elevate the Group’s influence in the retail sector.
