Cebu-based clothing retail chain Penshoppe is going to expand further into the Middle East as part of an aggressive expansion programme, opening up to 10 new stores in the region in the near future.
The brand is eying Qatar, Kuwait, Oman and Jordan for the expansion in addition to its current presence of 10 stores in Saudi Arabia, Bahrain and the UAE. The new stores are planned to materialise through investments of local partners with whom the firm is currently negotiating. Planned locations are Doha, Kuwait City, Muscat as well as Amman and Aqaba.
Penshoppe currently operates around 600 outlets in the Philippines. Abroad, the number of stores is currently 25 and should rise to over 50 in the next five years. Other countries for expansion include Indonesia and Cambodia, while it also wants to open another 25 new stores domestically. On the long-term Singapore, Malaysia, Vietnam and even Australia are on the cards.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
/ 
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
Regional eyewear retailer, eyewa has raised $100 million in its series C
Born in Senegal and raised in Lebanon, Leïa Khalaf’s journey to becoming
Softlogic Holdings PLC, one of Sri Lanka’s largest conglomerates, has a diverse
During her SOLOx session at the IMAGES RetailME Awards 2024, Mrunal Khimji,
Following the successful launch of its flagship store in City Centre Deira,
In what comes as a significant announcement, Middle East based eyewear majors
Abu Dhabi based retail company LIWA Trading Enterprises, a subsidiary of Al
Aligned with the principles of ‘slow fashion’ UAE-based homegrown brand Ryokō Bags
From designing collections to creating campaigns, from analysing user preferences and purchase
Primark, known for its affordable fashion, has experienced significant global expansion since
Previous Article
