By Neil Halligan
Textile trading company says it will establish up to 25 stores in the Gulf kingdom
One of the biggest textile traders in the UAE, Regal Traders, is about to embark on a major retail expansion into Saudi Arabia.
Regal Traders, the flagship company of the Regal Group, is one of the UAE’s largest fabric retail chains.
Managing director, Raju Shroff, told Arabian Business that the company is now looking to expand into the lucrative Saudi Arabian market, with plans to establish as many as 25 stories in the Kingdom.
“We’re expanding our retail and we’re going into Saudi - that’s a big market and a big push for us, and expanding our bespoke tailoring market,” he said.
“There’s a lot of competition in the garment industry, but bespoke tailoring is always something that people want. When the market grows, people always want something different and something exclusive.
“We currently have one store only in Saudi and one in Qatar but our plan is to take the Saudi operations up to about 20 stores – 25 maximum – in different stores across Saudi Arabia. That is the largest market for this kind of fabrics at the moment in the retail sector,” he added.