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English news

27-Mar-2016

Marka to make first expansion beyond UAE, expects to launch brands in Qatar in 3Q2016

Marka (MARKA.DU) will expand its operations to Qatar by launching a number of its brands at the Mall of Qatar by 3Q2016 (when the mall is expected to launch), as the first step in the company’s regional expansion plan, according to a company disclosure. The brands will include: Italian ice cream brand “Morelli’s Gelato”, Australian plus size brand “City Chic”,  French fashion house “Weill” and French Jewelry brand “dinh van”, amongst other brands. Also, Marka, which currently operates 40 outlets in the UAE, is assessing additional opportunities to expand to Saudi Arabia, Kuwait, Bahrain and Oman, according to the company’s CEO, Nick Peel. (Company disclosure)

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