Monday 28 May 2012

Master of eastern retail turns westward - FT.com

For the Gulf resident who takes a morning shower with soap from The Body Shop, dons an H&M outfit and grabs a Starbucks skinny latte on the way to work, it may come as a surprise that the daily routine comes courtesy of a single office in dusty Kuwait City.
MH Alshaya, the Kuwaiti family-owned retailer founded in 1890, holds the franchise agreements to more than 50 popular brands in the region, as well as having a foothold in Turkey and Europe. The brands include household names from Victoria’s Secret and Harvey Nichols to Starbucks and PizzaExpress.

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