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 10169 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

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
LG Honored With 24 Awards for Innovation Ahead of CES 2022 [7249-Views]
ASTRONEF is a New mechanical Masterpiece Presented by Ateliers Louis Moinet [6347-Views]
Pandora and World-Renowned Author, Nadia Owusu, Release a Collection of Festive Stories to... [6088-Views]
4 FOREO Products That Will Completely Transform Your Skincare Routine [4219-Views]
Symbolism and Style Defines Tanishq's Exclusive Year of the Fiftieth Collection [4215-Views]
Go Green this Black Friday Cathay Pacific Offers Complimentary Carbon Offset [3879-Views]
Channelling Power of the Mind and Body is the Key to Success, say Mindvalley Experts at Sh... [3760-Views]
Big Crown Pointer Date Calibre 403 [3727-Views]
Curate your Stress-Free Skincare Regime for Less with Herbal Essentials [3723-Views]
Celebrate UAE National Day with FreshToHome's Special Bouquets [3337-Views]
Emirates First Group Launches the Region's first PRO Awards to Recognize the unsung Heroes [2813-Views]
Sharjah Entrepreneurship Festival 2021 poised to unlock the Entrepreneur of Tomorrow [2759-Views]
LG Electronics Announces New CEO and Other Changes to Aggressively Tackle 2022 and Beyond [2751-Views]
SEHA and Abu Dhabi Energy Services begin First Phase of its Energy Savings Framework to En... [2731-Views]
Malabar Gold and Diamonds Inaugurates New Showroom in Ghatkopar, Mumbai, Maharashtra, Indi... [2567-Views]
BMW Announce the X7 UAE 50th Year Edition to Mark the UAE's Golden Jubilee [2522-Views]
Hail in the Festivities with India Gate [2485-Views]
Rome Region brings the Great Italian Cuisine to Expo Dubai [2448-Views]
GEMS Education Schools Celebrate the UAE's Golden Jubilee as they look ahead to Centennial... [2386-Views]
The Sky Is the Limit for the World Food Programme's Humanitarian Efforts [2362-Views]
The Executive Committee of Ajman University's Board of Trustees Highlights the University'... [2358-Views]
GEMS Education Launches New Membership Lifestyle Platform – GEMS Rewards Plus Powered by a... [2325-Views]
essence cosmetics' (National Day) edit [2321-Views]
DLD: 5,352 Sales Transactions worth AED 13.12 Billion in October 2021 [2316-Views]
The Flormar Beauty Products we are Crushing on this Festive Season [2308-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories