Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

First Lulu Guinness in Dubai eyed in 2014  Join our daily free Newsletter

MENAFN - Khaleej Times - 19/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Khaleej Times) lulu guinness, an iconic british brand for ultra-stylish handbags and eye-catching accessories, is planning to open its first uae boutique store in dubai this year, its top official says

Paul spinks says the company posted good double-digit sales growth in 2013.


This new retail space, first in middle east, will resemble the lulu guinness london store in terms of brand identity and offer all collections for the first time in the region.


“we are looking to open a store in dubai hopefully this year,” lulu guinness managing director paul spinks told khaleej times during ‘great week uae’.


The iconic british brand, which has presence in us, japan and thailand, was launched in 1989 as a handbag and accessories retailer and today has become a leading name in the fashion industry. its products also showcase in world’s most prestigious department stores, from selfridges and fortnum and mason in the uk to luisa via roma in italy, harvey nichols dublin and galleries lafayette china.


The brand, which looks set to make dubai foray later this year, is keen to expand its presence across the gulf region. “certainly, we feel our collections can be successful across all gulf states,” spinks said.


About the competitive dubai’s retail sector, he said dubai is extremely competitive with the majority of global brands being distributed in amazing environments.


“we feel our brand offers something unique and differentiated. we position ourselves as a conceptual iconic british brand. the personality and mischievous element of the product can’t go unmissed having lulu guinness herself at the forefront of the design team.”


To a question about the speciality of lulu guinness stores and products, he said: “our retail spaces worldwide maintain the globally distinctive lulu guinness brand identity with a black and white colour scheme, and a hint of the her signature red hue. this complements the product within the store allowing the bags to take centre stage. each store showcases the latest collection alongside classic signature designs incorporating the lulu guinness trademark red lips!.”


Spinks was positive about the brand’s performance in first quarter and outlook for 2014 and said the group expects a good time ahead.


“we have had a positive start to the year, especially our stripe collection, and hopefully this bodes well for the rest of the year,” he said.


About the sales growth in 2014, he said the group is expected to sustain its performance this year.


“we had good double-digit sales growth in 2013 with exceptional growth in wholesale, international and web, and we are optimistic that we will attain similar growth in 2014,” spinks concluded.




 


Khaleej Times




  MENA News Headlines
 Jan 31 2015 - Bahrain's Investcorp to buy Spanish ceramics firmMENAFN
(MENAFN) Bahrain-based Investcorp said that it will be acquiring Fritta, a Spanish company that makes products for the ceramics industry, Arabian Business reported.Fritta produces important items in ...

 Jan 31 2015 - Total wins 10 percent stake in Abu Dhabi oil concessionsMENAFN
(MENAFN) French company Total said that it has signed a deal with the Abu Dhabi National Oil Company (Adnoc) for a 10 cent stake in developing oilfields in Abu Dhabi as part of oil concessions for a ...

 Jan 31 2015 - Iraqi oil exports decline in JanuaryMENAFN
(MENAFN) Iraq, OPEC's second-largest producer, registered a decline in its oil exports from its southern region in January from a record high recorded in the previous month due to shipping delays, ...

 Jan 31 2015 - Vodafone Qatar revenue up 21 percent in 9MMENAFN
(MENAFN) Vodafone Qatar's said its total revenue grew by 21 percent to USD474.59 billion for the nine months ended December 31, 2014, The Peninsula Qatar reported.The company's mobile customer base ...

 Jan 31 2015 - Qatar Airways to acquire 10 percent of IAGMENAFN
(MENAFN) Qatar Airways announced that it has bought nearly 10 percent of the parent company of British Airways and Spain's Iberia, deepening wealthy Qatar's business ties to Europe, Arab News ...

 Jan 31 2015 - Saudi RCJY signs three deals worth USD138.25mMENAFN
(MENAFN) Chairman of the Royal Commission for Jubail and Yanbu (RCJY) signed three contracts worth USD138.25 million to provide essential equipment and develop industrial zones, Arab News ...

 Jan 31 2015 - Saudi- Outspoken prince to launch pan-Arab news channelThe Peninsula
(MENAFN - The Peninsula) An outspoken, billionaire Saudi prince will on Sunday launch a pan-Arab satellite news channel aimed at challenging established networks in the region.Prince Alwaleed bin ...

 Jan 31 2015 - Qaeda in Yemen says France top enemyThe Peninsula
(MENAFN - The Peninsula) The ideological leader of Yemen-based Al-Qaeda in the Arabian Peninsula (AQAP) said Friday that France had surpassed the United States as the top enemy of Islam.With the ...

 Jan 31 2015 - Qaeda group launches assault on Western-backed Syria rebelsThe Peninsula
(MENAFN - The Peninsula) Al-Qaeda's affiliate in Syria battled Western-backed rebels Friday as the jihadists pressed their bid to seize control of northern areas, a monitoring group and rebels ...

 Jan 31 2015 - Iraq- Air strike kills IS 'chemical weapons expert'The Peninsula
(MENAFN - The Peninsula) A US-led coalition air strike killed a chemical weapons specialist with the Islamic State group in Iraq who once worked for Saddam Hussein, US military officers said ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help