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FINANCIAL NEWS
UAE’s MAGRABi seeks to surpass USD1b revenue mark
03 Nov 2015
(MENAFN MAGRABi, Dubai’s classy eyewear retailer is focusing on a complete brand makeover and which will also emphasis on crafting a totally new look and feel to its whole store network.
The first of its future stores will open in the UAE next year and followed by an additional 100 by 2018, setting a bold target of surpassing the USD1 billion mark in income over the next five years.
Meanwhile, other top Emeriti retail groups seem to be working hard on a similar strategy to secure the long-term future, thus refusing to be distracted from committing on key developments.
“We have invested heavily in market research, conducted our due diligence and been very methodical with regards to our regional expansion strategy,” said the owner of the eyewear retailer.
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