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Al Madani Group launches 8 new stores in Waterfront

02
Mar '07
Dubai based Al Madani Group has launched eight new retail stores at Dubai Festival City's Waterfront.

Company is planning for huge expansion by increasing retail presence from 60,000 to 100,000 square feet.

At present, company has about 70 retail stores in UAE and sales reached AED100 million in last year.

Total growth in sales of all the brands is estimated at 30 percent and sold 1.5 million Hang Ten casual wears alone.

Company's major concern is counterfeit products sold in the markets. It has also started to distribute branded products through other channels besides their own retail stores.

Al Madani Group expects this strategy to eliminate arrival of counterfeit products in the market.


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