Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
  
Paris Gallery Group announces five-year expansion plan
Paris Gallery Group announces five-year expansion plan
  • Group to open 30 stores in 5 years
  • 5000 employees from 260 nationalities will work with Paris Gallery
  • Total projected retail areas to reach 3.2 million square feet by 2021

Dubai, UAE, March 14, 2017:  The Paris Gallery Group of Companies has announced its five-year plan (2017-2021) aimed at strengthening its retail presence in the GCC region in particular and the Middle East region in general.

Paris Gallery has also announced a well-researched strategic expansion plan that includes opening 30 new stores for the Group’s various brands and subsidiaries. The expansion plan will take the total number of Paris Gallery stores to 116 stores by 2021. To date, Paris Gallery’s existing stores number 86 branches across the UAE, KSA, Qatar, Bahrain, Oman, Iraq, Azerbaijan and other countries.

The Group’s total workforce after implementing the new five-year regional expansion plan will reach a total of 5,100 employees. The current number exceeds 3,500 employees from 160 different nationalities from around the world. The UAE-based Group also confirmed that its total retail areas will reach 3.2 million square feet by 2021, compared with 2 million square feet currently.

“Since 2006, the Group has developed a gradual plan to move its brand focus from the local to regional and global status. As a result, the Group has become one of the most famous luxury groups in the region and the world, thanks to its excellent customer service, unique shopping experience and high quality services,” said Mohammed Abdul Rahim Al Fahim, CEO of Paris Gallery Group of Companies.

“The Group has recorded steady growth in the retail and distribution business since 2006. We followed the corporate governance concept from the very beginning, which is considered a crucial and rewarding step. Thus, we have recorded steady growth in revenue, profits and assets,” Al Fahim added.
“We are keen to study and analyze the market to identify trends and opportunities in the retail sector. Our partners get the ideal support from our skilled teams in the areas of logistics, finance, marketing, human resources, services and others. The distribution arm of the Group has one of the largest networks in the UAE,” he added.

Paris Gallery Group focuses on the luxury products sector and has a wide range of products including perfumes, cosmetics, watches, eyewear, accessories, leather goods and fashion, from more than 800 global brands.

Al Fahim pointed out that customer satisfaction and maintaining the right communications with them, keeping abreast of trends as well as understanding customer preferences are the best tools for Paris Gallery as local retailers with vast history in serving the region.

“Corporate governance practices that we follow can protect the reputation of our brands and strengthen our relationships with them. We work in close partnership with the managements of trade centers, government agencies and private customers to protect and promote the interests of these brands in the market. We also work hard to attract new customers and deepen the loyalty of existing ones. Our vast knowledge in the local market, culture and the art of negotiation is considered an invaluable asset to our partners,” Al Fahim concluded.

Posted by : Paris Gallery L.L.C. PR, Paris Gallery Media.
Viewed 9650 times
PR Category : Banking & Investments
Posted on : Tuesday, March 14, 2017  5:06:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Paris Gallery

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Parmigiani Fleurier Salutes the Spirit of Valentine's Day with Tonda Reine de Mai [6855-Views]
AIGNER Haute Couture Jewellery Collection CHIARA [4629-Views]
Cisco Reveals the Top 6 Tech Trends for 2021 and Beyond [4432-Views]
Add Extra Sparkle to Your Holidays With Make Up for Ever's 2020 Holiday Collection [4026-Views]
Golden Moment Continues for UAE's Jewellery Shoppers This Dubai Shopping Festival [3686-Views]
Dubai Sports Council Announces Four-stage Dubai Women's Running Challenge [3243-Views]
Liverpool Legend Ian Rush visits Dubai Sports Council, Discusses Starting Projects in Duba... [2899-Views]
Hundreds of Thousands of Cervical Cancer Cases Could Be Prevented with HPV Vaccines and Pa... [2882-Views]
Discover the Ingredients [2874-Views]
Samsung Introduces Latest Innovations for a Better Normal at CES 2021 [2862-Views]
The Arab Fashion Council in Partnership with Facebook, Inc Pioneer the First Men's Fashion... [2837-Views]
Dubai Culture Completes Inventory of Knowledge Assets at Dubai Public Library Branches [2813-Views]
Dubai Central Lab Is Now Esma Halal Certification Body [2808-Views]
Canon Recognizes 3 Leading Photographers from the UAE, KSA & Jordan for their Ambassador P... [2735-Views]
The Ideal 2021 Shoedrobe - Steve Madden [2640-Views]
Roma Proves the Pace of the Hunter to Go 5th Overall, as Loeb Suffers Suspension Damage [2571-Views]
The University of Queensland wins Ericsson Innovation Awards 2020 [2468-Views]
What's your Colour Code? [2440-Views]
A Warm Summer Rain in Winter: The New Head Shower GROHE Tempesta 250 [2394-Views]
Dubai Customs: Exceptional Achievements in 2020 Despite Coronavirus Challenges [2308-Views]
Rashid Hospital Doctors Perform Special Implant Procedure for an Epilepsy Patient. [2292-Views]
ADU's College of Health Sciences Enters Strategic Partnership with Mubadala Healthcare's N... [2276-Views]
Schneider Electric Unveils New Sustainable Energy Products at CES 2021 [2271-Views]
Moonwatch now Master Chronometer Certified [2259-Views]
Kinetics Embraces Winter With a New Collection ‘Blank Space 2020 [2247-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories