Monday, 16 January 2012

Saudi retailer aims to stitch up expansion - The National

When a company outgrows a market, it is often difficult to know where it will find additional revenue and value for investors.

But analysts are still fairly upbeat on Fawaz Abdulaziz Alhokair & Company, a major Saudi fashion retailer that is spreading its wings in Central Asia.

The biggest mid-range retailer in the kingdom is planning a 400-store expansion that is expected to include nascent markets such as Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia.

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