Latest news with #Alshaya
Fashion Network
09-05-2025
- Business
- Fashion Network
Primark to start opening stores in Kuwait and Dubai this year under Alshaya deal
The expansion announcements are coming thick and fast from Primark at the moment. After unveiling growth plans for Italy earlier this week it has now confirmed plans to debut in the Middle East. It will do so in partnership with leading international retail franchise operator Alshaya Group. Following the announcement of the strategic partnership in September 2024, Primark and Alshaya have confirmed plans to open the first of its new stores before the end of this year in the Gulf Cooperation Council (GCC). The rollout will begin with Kuwait at The Avenues in October and will continue with Dubai in early 2026 with it debuting in the Dubai Mall, the Mall of the Emirates and City Centre Mirdif. Four openings in a relatively short period is a fairly ambitious aim given the large size of the retailer's stores. But the four locations shouldn't be the end of the story. Primark and Alshaya will also 'continue to work together to consider future stores in other markets across the region,' we're told. Interim CEO of the Anglo-Irish business, Eoin Tonge, said: 'We know there is already a strong cohort of shoppers ready and waiting for us and we believe the wider region holds a lot of potential for Primark and our value proposition.' The 56-year-old retailer currently operates over 460 stores across 17 markets, all selling its affordable fashion, beauty and homewares. And as mentioned, this week it also announced another €40 million (£34 million) investment in Italy with five new stores coming in Rome, Biella, Perugia and Naples (one each in three cities and two in Naples). The company first invested in the country nine years ago and as recently as 2023 unveiled a €50 million programme that saw it adding more stores. The newly-announced five-store plan will take it to 26 locations across the country in total.
Fashion Network
09-05-2025
- Business
- Fashion Network
Primark to start opening stores in Kuwait and Dubai this year under Alshaya deal
The expansion announcements are coming thick and fast from Primark at the moment. After unveiling growth plans for Italy earlier this week it has now confirmed plans to debut in the Middle East. It will do so in partnership with leading international retail franchise operator Alshaya Group. Following the announcement of the strategic partnership in September 2024, Primark and Alshaya have confirmed plans to open the first of its new stores before the end of this year in the Gulf Cooperation Council (GCC). The rollout will begin with Kuwait at The Avenues in October and will continue with Dubai in early 2026 with it debuting in the Dubai Mall, the Mall of the Emirates and City Centre Mirdif. Four openings in a relatively short period is a fairly ambitious aim given the large size of the retailer's stores. But the four locations shouldn't be the end of the story. Primark and Alshaya will also 'continue to work together to consider future stores in other markets across the region,' we're told. Interim CEO of the Anglo-Irish business, Eoin Tonge, said: 'We know there is already a strong cohort of shoppers ready and waiting for us and we believe the wider region holds a lot of potential for Primark and our value proposition.' The 56-year-old retailer currently operates over 460 stores across 17 markets, all selling its affordable fashion, beauty and homewares. And as mentioned, this week it also announced another €40 million (£34 million) investment in Italy with five new stores coming in Rome, Biella, Perugia and Naples (one each in three cities and two in Naples). The company first invested in the country nine years ago and as recently as 2023 unveiled a €50 million programme that saw it adding more stores. The newly-announced five-store plan will take it to 26 locations across the country in total.
Fashion Network
09-05-2025
- Business
- Fashion Network
Primark to start opening stores in Kuwait and Dubai this year under Alshaya deal
The expansion announcements are coming thick and fast from Primark at the moment. After unveiling growth plans for Italy earlier this week it has now confirmed plans to debut in the Middle East. It will do so in partnership with leading international retail franchise operator Alshaya Group. Following the announcement of the strategic partnership in September 2024, Primark and Alshaya have confirmed plans to open the first of its new stores before the end of this year in the Gulf Cooperation Council (GCC). The rollout will begin with Kuwait at The Avenues in October and will continue with Dubai in early 2026 with it debuting in the Dubai Mall, the Mall of the Emirates and City Centre Mirdif. Four openings in a relatively short period is a fairly ambitious aim given the large size of the retailer's stores. But the four locations shouldn't be the end of the story. Primark and Alshaya will also 'continue to work together to consider future stores in other markets across the region,' we're told. Interim CEO of the Anglo-Irish business, Eoin Tonge, said: 'We know there is already a strong cohort of shoppers ready and waiting for us and we believe the wider region holds a lot of potential for Primark and our value proposition.' The 56-year-old retailer currently operates over 460 stores across 17 markets, all selling its affordable fashion, beauty and homewares. And as mentioned, this week it also announced another €40 million (£34 million) investment in Italy with five new stores coming in Rome, Biella, Perugia and Naples (one each in three cities and two in Naples). The company first invested in the country nine years ago and as recently as 2023 unveiled a €50 million programme that saw it adding more stores. The newly-announced five-store plan will take it to 26 locations across the country in total.
Fashion Network
09-05-2025
- Business
- Fashion Network
Primark to start opening stores in Kuwait and Dubai this year under Alshaya deal
The expansion announcements are coming thick and fast from Primark at the moment. After unveiling growth plans for Italy earlier this week it has now confirmed plans to debut in the Middle East. It will do so in partnership with leading international retail franchise operator Alshaya Group. Following the announcement of the strategic partnership in September 2024, Primark and Alshaya have confirmed plans to open the first of its new stores before the end of this year in the Gulf Cooperation Council (GCC). The rollout will begin with Kuwait at The Avenues in October and will continue with Dubai in early 2026 with it debuting in the Dubai Mall, the Mall of the Emirates and City Centre Mirdif. Four openings in a relatively short period is a fairly ambitious aim given the large size of the retailer's stores. But the four locations shouldn't be the end of the story. Primark and Alshaya will also 'continue to work together to consider future stores in other markets across the region,' we're told. Interim CEO of the Anglo-Irish business, Eoin Tonge, said: 'We know there is already a strong cohort of shoppers ready and waiting for us and we believe the wider region holds a lot of potential for Primark and our value proposition.' The 56-year-old retailer currently operates over 460 stores across 17 markets, all selling its affordable fashion, beauty and homewares. And as mentioned, this week it also announced another €40 million (£34 million) investment in Italy with five new stores coming in Rome, Biella, Perugia and Naples (one each in three cities and two in Naples). The company first invested in the country nine years ago and as recently as 2023 unveiled a €50 million programme that saw it adding more stores. The newly-announced five-store plan will take it to 26 locations across the country in total.
Arab News
30-04-2025
- Business
- Arab News
Alshaya Retail Academy launched to train Saudi youth for job market
Alshaya Group, one of the world's leading international retail franchise operators, announced the launch of the Alshaya Retail Academy to train young Saudi men and women on the latest retail industry concepts and practices, in the Kingdom. The academy has been launched in partnership with several leading government entities, including the Human Resources Development Fund. By providing newly employed Saudi nationals with essential hands-on and theoretical training, Alshaya Retail Academy will directly contribute to the goals of Saudi Vision 2030. This initiative not only prepares youth for successful retail careers but also strengthens the national economy by enhancing their competitiveness in the global job market. The launch of the academy aligns with Alshaya's continued commitment to the region, especially with the opening of The Avenues in Riyadh and Alkhobar, creating additional opportunities for local talent and contributing to the Kingdom's growing retail sector. The inaugural event was attended by Executive Chairman of Alshaya Group Mohammed Alshaya, CEO of Alshaya Group John Hadden, Deputy General Manager for Business at the Human Resources Development Fund Firas Aba Alkhail, Assistant Deputy Minister at the Ministry of Commerce Muhammed Al-Melhem, Assistant Deputy Minister for the Localization of Tourism Ibrahim Jubairi Gharwi, Assistant Deputy Governor of the Technical and Vocational Training Corporation Abdul Rahman Al-Marwani, and Assistant Director General of the General Directorate for Private Sector Training Khalid Al-Nasser. The attendees emphasized the importance of this initiative in enhancing the participation of Saudi youth in the labor market, which is essential to driving sustainable development and boosting economic growth in the Kingdom. The academy offers comprehensive training programs, including one-month development courses, as well as three-month qualification courses. These programs combine theoretical and practical training, enhancing trainees' opportunities to acquire market-ready skills that align with the rapid developments occurring in the retail sector in the Kingdom. 'At Alshaya, we believe in the importance of empowering Saudi youth by equipping them with the knowledge and skills necessary for their professional growth. We are committed to providing them with comprehensive and integrated training opportunities that will help them thrive in the retail sector. This initiative aims to build a national workforce capable of adapting to the rapid changes occurring in the market, in line with the goals of Saudi Vision 2030,' said executive chairman Alshaya. Abdullah Faisal, regional people director at Alshaya Group, said: 'At Alshaya Group, we are deeply committed to providing the best opportunities for all Saudi citizens, whether in employment or training. We take great pride in our established record of employing national talent and continuously strive to expand the opportunities available to them. Through the Alshaya Academy, we aim to empower our youth by equipping them with the essential skills needed to thrive across various sectors, while providing them with the tools necessary for success in the workforce, in alignment with Saudi Arabia's Vision 2030. We are confident that the Alshaya Academy will serve as a cornerstone for developing talent and helping realize the aspirations of an ambitious generation dedicated to excellence and innovation, in collaboration with leading government bodies.' Alshaya was recently awarded by the Saudi Ministry of Human Resources and Social Development as a leading company in parallel training and feminization. 'This recognition underscores our commitment to gender diversity and the empowerment of Saudi women in alignment with Saudi Vision 2030,' Faisal added. Currently, Alshaya runs professional training and mentoring programs to ensure that Saudi nationals develop the skills they need during their career path. The company has successfully attracted around 4,000 Saudi females to work in world-leading brands such as Starbucks, The Cheesecake Factory, Shake Shack, Raising Cane's, H&M, American Eagle, Victoria's Secret, Bath and Body Works, and Foot Locker.
