Apparel Group
Company typePrivate Company
IndustryFashion & Retail
Founded1996; 28 years ago (1996) by Sima Ved
HeadquartersDubai, UAE
ProductsFabrics, garments, designer wear, denim, cosmetics, fashion accessories, footwear, icecream, coffeehouse and restaurant chain
Revenue2 Billion USD (2023)[1]
Number of employees
20000
Websiteapparelglobal.com/en/

Apparel Group LLC is a UAE based fashion and retail conglomerate company headquartered in Dubai, UAE.[2][3]

Apparel Group operates 2100 retail stores with more than 85 brands,[3] and is functional in 14 countries, mostly in the GCC region, such as UAE, Oman, Bahrain, Kuwait, Saudi Arabia, Malaysia, Thailand, Singapore, India, Pakistan, Egypt, South Africa, and Indonesia.[4][5][6][7][8][9][3]

History

Apparel Group was founded by Sima Ved in 1996. Their first venture was the franchisee of Nine West in Dubai.[10][11][12]

Brands functional under the group include Aéropostale (clothing), Nine West, Aldo Group, Charles & Keith, Tim Hortons, Dune London, Inglot Cosmetics, The Children's Place, Skechers, Cold Stone Creamery, Tommy Hilfiger (company), LC Waikiki.[13][6][14]

In August 2021, Apparel Group headquarters earned the Leadership in Energy and Environmental Design (LEED) Platinum certification through the US Green Building Council.[15]

In April 2022, the company launched 20 stores at the Place Vendôme mall in Lusail City, Qatar.[16] In October, Apparel Group entered into a partnership with Indian cosmetics retailer Nykaa to build a multi-brand beauty retail business in the GCC where Nykaa will hold a 55% stake of the entity and Apparel Group will hold 45%.[17]

As of February 2023, Apparel Group launched 19 new store locations in UAE, Qatar, Bahrain, KSA, and India.[18] In March, the group entered into a partnership with the Indian ayurvedic brand, Forest Essentials to distribute their skincare products through the Apparel Group's stores.[19] In May, Apparel Group announced the opening of 12 new retail stores at Al Khiran Mall in Kuwait.[20] In September, the group agreed with Firehouse Subs to operate 100 restaurants in the United Arab Emirates and Oman.[21]

Through 2023, the Group launched 350 new stores in various locations and entered into partnerships with several brands including Forest Essentials, Allo Beirut and Asics.[22]

Operations

Apparel Group operates in 14 countries, mostly in the GCC region including UAE, Oman, Bahrain, Kuwait, Saudi Arabia, Malaysia, Thailand, Singapore, Indonesia, India, Pakistan, Egypt and South Africa. The group has over 85 brands.[23][12]

References

  1. ^ https://www.retail-insight-network.com/news/apparel-group-asics-gcc/
  2. ^ Roy, Abhirup (October 6, 2022). "Nykaa forge ties with Dubai's Apparel Group to expand business in Gulf countries".
  3. ^ a b "Like parents, like daughter: Meet Selina Ved of Dubai's Apparel Group who is all set to make beauty her business". gulfnews.com.
  4. ^ Salian, Neesha (October 7, 2022). "Apparel Group, Nykaa partner to set up omnichannel beauty retail platform in GCC".
  5. ^ Salian, Neesha (October 10, 2022). "TOMS gives 10 $10,000 grants to 10 mental health-focused organisations".
  6. ^ a b "Nykaa enters into strategic alliance with Middle East-based apparel group". thepeninsulaqatar.com. October 8, 2022.
  7. ^ "Toms celebrates World Mental Health Day with '10x10' campaign". thepeninsulaqatar.com. October 9, 2022.
  8. ^ Staff, Entrepreneur Middle East (June 9, 2019). "Huda Beauty's Mona Kattan And Apparel Group's Sima Ved To Headline Dtec Forum, Powered By Entrepreneur Middle East, In June". Entrepreneur.
  9. ^ Mehta, Somya. "Teen Entrepreneur Sarisha Ved on starting her sustainable e-commerce venture". Khaleej Times.
  10. ^ "How does the Nykaa-Apparel Group partnership help the two companies?". Business Today. October 13, 2022.
  11. ^ "Apparel Group is official Gold sponsor of World Corporate Summit 2022". gulfnews.com.
  12. ^ a b "India's Nykaa and Dubai's Apparel Group forge Gulf alliance". Reuters. October 6, 2022 – via www.reuters.com.
  13. ^ "India's Nykaa and Dubai's Apparel Group forge Gulf alliance". Inside Retail. October 10, 2022.
  14. ^ Release, Press. "Apparel Group launches 20 new fashion, lifestyle & F&B Brands in Place Vendôme in Qatar". www.zawya.com.
  15. ^ "UAE retail heavyweight Apparel Group's HQ and warehouses get LEED Platinum". gulfnews.com. 2021-08-13. Retrieved 2024-03-13.
  16. ^ "Apparel Group expands Qatar footprint with launch of 20 stores at Place Vendôme mall in Lusail City". Arabian Business.
  17. ^ "India's Nykaa and Dubai's Apparel Group forge Gulf alliance". Reuters.
  18. ^ "Apparel Group opens 19 new stores as part of its expansion plan 2023". gulfnews.com. 2023-02-16. Retrieved 2024-03-13.
  19. ^ "Apparel Group and Forest Essentials to bring authentic ayurvedic products to region". gulfnews.com. 2023-03-23. Retrieved 2024-03-13.
  20. ^ Bhat, Divsha (2023-05-02). "Apparel Group expands presence in Kuwait with 12 new store openings". Retrieved 2024-03-13.
  21. ^ "Firehouse Subs, Apparel Group agree to expand in United Arab Emirates, Oman". Nation's Restaurant News. 2023-09-11. Retrieved 2024-03-13.
  22. ^ Apparel, Indian (2024-01-15). "Apparel Group Unveils New R&B Store In Ahmedabad". Apparel News, Textile News, Latest Events, Exhibitions, B2B Directory - indian-apparel.com. Retrieved 2024-03-13.
  23. ^ "Apparel Group brand ALDO celebrates its festive collection with Janhvi Kapoor at The Dubai Mall". gulfnews.com.