Company type | Private Company |
---|---|
Industry | Fashion & Retail |
Founded | 1996 | by Sima Ved
Headquarters | Dubai, UAE |
Products | Fabrics, garments, designer wear, denim, cosmetics, fashion accessories, footwear, icecream, coffeehouse and restaurant chain |
Revenue | 2 Billion USD (2023)[1] |
Number of employees | 20000 |
Website | apparelglobal |
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]
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]
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]