Lipsy, a women's fashion brand has signed a franchise deal with Alhokair to Group launch its stores in the Middle East.
Lipsy, a women's fashion brand has signed a franchise deal with Alhokair to Group launch its stores in the Middle East. The company is planning to open 40 Lipsy stores in the region during the next five years. It is targeting locations such as Saudi Arabia, Jordan, Egypt, Morocco, Kazakhstan, Azerbaijan and Georgia. Lipsy is owned by Next Plc, a retailer headquartered in United Kingdom. Alhokair Group, is an established retailer, already operates retail chains like Gap, Zara, Monsoon and Miss Selfridge through franchising.