Home / Knowledge / News / Apparel/Garments / UAE's Cosmos Group plans foray into apparel retail
UAE's Cosmos Group plans foray into apparel retail
May '12
UAE based Cosmos ITL Group, counted among the oldest privately-owned businesses in Dubai, intends to make a foray into branded textiles and apparel retail segment.

The company will invest an estimated Dh50 million to Dh100 million, in association with a well-known Indian brand, to open retail outlets in Abu Dhabi, Sharjah and Dubai.

At present, around 60 percent of the Group's revenue comes from its textiles business, which is the main factor behind the company's decision to opt for a direct retail presence.

The UAE textiles sector is currently passing through a growth phase owing to demand from both the domestic as well as major re-export markets. This is also aiding the decision of some wholesalers to diversify into retail to get maximum leverage.

Cosmos started as a departmental store in Dubai in 1960, opened by the ITL Group. Subsequently, the company acquired sole distribution rights for products that had a history and quality attached to them. The firm promotes its products through an outstanding network of over 500 authorized dealer outlets as well as Cosmos showrooms across UAE.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search