Apparel Group signed a strategic partnership with the Clarks footwear brand to expand Clarks’ retail footprint across Saudi Arabia with plans to inaugurate more than 20 stores over the next five years.
The company said in a statement that the partnership underscores Apparel Group’s commitment to diversifying its retail portfolio while enhancing the shopping experience for customers across the region.
The expansion plan aligns with Saudi Arabia’s Vision 2030, which fosters economic diversification and aims to stimulate sectors like retail to drive its economy.
Neeraj Teckchandani, CEO of Apparel Group, expressed his enthusiasm about the new venture, saying, “This strategic partnership with Clarks signifies a monumental step in our journey towards offering an unparalleled retail experience in the KSA. Clarks, with its rich heritage and reputation for quality, perfectly complements our diverse brand portfolio. We are excited to bring this iconic British brand closer to customers in the region.”