The retail unit of Aldar Properties has finalised a major agreement with the global fashion and lifestyle retail conglomerate, Apparel Group, for 23 stores across three of its malls.
Yas Mall and The Mall at World Trade Centre in Abu Dhabi plus Al Jimi Mall in Al Ain will launch international brands such as Aldo, Inglot, Tommy Hilfiger, Charles & Keith, Call it Spring, TOMS, Athlete's Co, Skechers, Birkenstock, Dune, Nine West, Anne Klein, as a result of the agreement.
The deal, a strong confidence indicator for Abu Dhabi’s retail sector, represents over 100,000 square feet of retail space across the three malls, Aldar said in a statement.
Talal Al Dhiyebi, CEO, Aldar Properties, said: “This agreement represents a solid investment and reaffirms the confidence in our mall destinations to deliver quality footfall and positive future growth.
"This further expansion of Apparel brand stores across Aldar’s portfolio of retail properties, is great news for all of our visitors and great news for Abu Dhabi, as we continue to elevate our offering for residents and visitors.”
Nilesh Ved, CEO, Apparel Group, added: “We consider Aldar to be a strong strategic partner to secure a successful future for our brands. We also feel that these three flagship properties are well aligned with our long-term goals. We have great confidence in the Abu Dhabi market and with Aldar retail properties.”
Under the deal, Apparel Group has opened the first UAE store of CCC, the Polish multi-brand footwear destination, at The Mall WTCAD, as well as the first store for the Polish kids fashion brand, SMYK, at Al Jimi Mall, Al Ain.
Another first will be the opening of Rituals Cosmetics stores in both Yas Mall and The Mall WTCAD.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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