Landmark Group, the retail and hospitality conglomerate is expecting its annual turnover to exceed USD five billion by 2015.
Landmark Group, the retail and hospitality conglomerate is expecting its annual turnover to exceed USD five billion by 2015. Presently, the group through itsphased expansion plan has over 1,000 stores. It occupies 18 million sq. ft of retail space across its portfolios in the Middle East and India. Landmark has recorded 28 per cent growth in business in the financial year 2010-11. The company is aiming to further its retail presence via expansion to five new countries. It is also looking to introduce new brands.
The UAE-based Landmark Group established in the early ’70s in Bahrain has several in house brands such as Splash, Babyshop, Shoe Mart etc, along with the budget hotel brand Citymax.
Landmark International and Shoe Mart International, the Group’s franchise divisions, have franchise in many international brands. Recently, the company has acquired the Steve Madden retail franchise across the Gulf.
