Home / Knowledge / News / Huge demand for RYN products during Ramadan
Huge demand for RYN products during Ramadan
03
Sep '10
Al Fajer Establishment, the strategic partner of RYN Korea has increased its supplies of RYN functional shoes in the Fares outlets by 200 percent to cope with the rapidly growing demand during Ramadan.

A regional retail expert said that almost 40 percent of the entire year's sales happen in the last ten days of the holy month of Ramadan.

Emad Yassin, Sales and Marketing Manager, Fares, a division of Bin Dhaher Group of companies, added: “The huge demand in Ramadan is due to the behavior of the consumers in the Gulf who buy shoes and clothes in the last days of Ramadan ahead of Eid Al Fitr celebrations.”

Yassin said that the huge demand for the RYN products was reflected in the sales of these products exceeding 10 percent of Fares sales in the UAE and Qatar.

Fares is a retail and wholesale company based in the UAE and Qatar and sells mainly to Gulf Nationals.

The consumer pattern in the last ten days of Ramadan changes as consumers spend lavishly on clothes and shoes.

The retail sector during Ramadan flourishes as companies launch new products in the market. Yassin said that functional shoes command 20% of the entire sales of shoes in the UAE. He also pointed out that in Ramadan the average spend on shoes is 800 AED.

Sales in Ramadan are also boosted by tourists who come to the UAE from neighboring countries.

RYN Korea


Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Textiles | On 27th Jun 2017

Barcelona’s Unitin develops recycled Indigo yarns

Unitin, a trademark of Industrias Morera SA and a leading textile...

Information Technology | On 27th Jun 2017

ThreadSol to bring fabric solutions to Thailand

ThreadSol, an enterprise material management provider for the sewn...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Judy Frater
Somaiya Kala Vidya

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search