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Fri 12 Feb 2016 06:37 PM

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Pavers England to invest $50 million in GCC expansion

UK’s leading retailer to set up two stores in the UAE with plans to open 100 stores over five years

Pavers England to invest $50 million in GCC expansion

Pavers England has revealed a $50 million investment plan in the GCC that will see the UK giant retailer open seven to ten new stores in the region this year.

The first two will be launched the UAE in Dalma Mall, Abu Dhabi and Al Ghurair Center, Dubai.

The brand’s long-term vision includes opening 100 stores in the region in the next five years.

“Consumers [in the UAE] are very savvy. They want quality, style, and fantastic service. They want it all. These core values are in our DNA and is what distinguishes Pavers from the competition. We believe that our customer-centric approach along with our commitment to the UAE and the greater region will be a key driver to our success,” said the company’s CEO, Dhiren Harchandani.

So far, Pavers England has 120 stores in the UK and 40 stores in India.

It is listed as one of Europe’s Fortune 500 companies and sets up 10 to 11 stores every year.

The company is a joint venture between footwear retailer Pavers Limited and global conglomerate Foresight Group.

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