Home / Knowledge / News / Fashion / Ermenegildo Zegna partners Al Tayer Group in UAE
Ermenegildo Zegna partners Al Tayer Group in UAE
20
Oct '15
As part of its global expansion, Italian luxury menswear label Ermenegildo Zegna has signed a joint venture with the UAE's Al Tayer Group for the operation of its boutiques and other points of sale across the Emirates,a Dubai-based business website has reported.

To celebrate the Al Tayer Group partnership, Ermenegildo Zegna has just opened a flagship 354 metre luxury retail space in Mall of the Emirates and is planning to open another outlet in The Dubai Mall by 2017.

The 105-year-old Italian brand currently operates 525 stores worldwide, of which 298 are directly owned, and has points of sale in department stores such as Harvey Nichols, Bloomingdale's and Galeries Lafayette, but Zegna admits its direct sales in the UAE are small.

UAE retail giant Al Tayer Group, established in 1979, with its headquarters in Dubai, operates over 200 stores across the six Persian Gulf countries and manages a stable of 35 luxury brands, including Alexander McQueen, Boucheron, Bottega Veneta, Dolce & Gabbana, Emilio Pucci, Giorgio Armani and Jimmy Choo. It is also responsible for opening and operating the largest Harvey Nichols department store outside the UK as well as the first Bloomingdale's stores outside the US, with Macy's set to be introduced to the region in Abu Dhabi in 2018.

Al Tayer Group says it s not interested in buying stakes in international fashion brands and is instead focused on developing partnerships with luxury labels and managing their introduction to the Gulf.

Khalid Al Tayer, CEO of the retail business of Al Tayer told the website that the Group is an operator and not an investor in fashion labels. He said they have created a platform to work as operators and would be delighted to work with great partners like Zegna.

Ermenegildo Zegna CEO Gildo Zegna said the joint venture with Al Tayer is part of a long term strategy to go directly to a key market like the Dubai. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

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

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

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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