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H2 Fashion taps robust growth in UAE
16
Oct '12
Dubai-based leading fashion retail group H2 Fashion has registered robust growth of more than 400 percent in the Arab fashion industry over the past 10 years.
 
With several leading global brands setting up their stores in the country, UAE has transpired as a fashion hub, and Dubai positions itself in line with other leading fashion hubs like Paris, New York, London and Tokyo in terms of purchasing power of the consumers, Times of Oman quoted Hany Abu Omar, Managing Director of H2 Fashion, as saying.
 
Citizens and tourists visiting the UAE are avid followers of global fashion trends, which has helped the region’s clothing industry achieve turnover of more than US$ 10 billion, Mr. Omar said. 
 
With a rise in number of shopping malls in the UAE, and growing interest of global brands in getting a share in the market, the Arab fashion industry has excelled this year.
 
By 2014, H2 Fashion intends to increase the number of its outlets in UAE from existing 22 to 45 and have 25 outlets in GCC region. The firm now employs 120 people in the region.
 
Besides representing reputed global brands like Andrew’s Ties, Jennyfer and Goldenpoint, H2 Fashion even possesses franchisee rights for lifestyle brand Lufian’s and Italian Polo brand Galvanni, in the UAE.
 
Italian brand Andrew’s Ties, an exclusive Italy-based producer of men’s shirts, ties and accessories operates over 100 stores across the globe. 
 
Jennyfer is a French brand offering reasonably priced branded apparel solutions to teenagers.
 
Likewise, Italian franchise concept Goldenpoint offers a range of hosiery, swimsuits and innerwear and operates over 600 outlets worldwide.
 
Galvanni produces men’s and women’s apparel, shoes and accessories in Italy and Turkey, while Lufian’s deals in men’s apparel and accessories.
 

Fibre2fashion News Desk - India


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