Apparel Group, the Dubai retail conglomerate, has signed up for 40 shops in malls operated by Line Investment & Property (LIP) as it sees significant growth in the UAE market.
On the signing of the contract, Nilesh Ved, chairman and founder of Apparel Group, said: “We see a big growth in UAE market and have recently opened 50 plus shops in Abu Dhabi starting with Al Wahda Mall, Dalma Mall, Deerfields Town Centre and so on. We are glad to partner with Line Investment.”
The Apparel Group represents more than 50 international brands in Middle East markets, including Tim Hortons, Aldo, Nine West, Tommy Hilfiger, Kenneth Cole, and Inglot.
The retail firm, which started operations in 1996, has now expanded to 750 stores in 14 countries worldwide.
Raja Abdulkhader, director – Line Investments & Property, said Apparel’s 40 plus units will be opening during the remainder of this year and in 2014.
Apparel already operate in many of LIP’s malls including Al Wadha, Khalidiyah and Mushrif.
LIP’s new projects set to open in early 2014 include LuLu Mall, Fujairah, Ruwais Mall, Ruwais and Barari Outlet Mall, Al Ain.
Line Investments & Property (LIP) is the shopping mall development and management division of Abu Dhabi based LuLu Group International.
LIP currently manages more than 6.3 million sq ft of retails space across 12 shopping centres in the Middle East and India targets to expand to 9 million sq ft across 15 malls by 2015.
Follow us on
