Crate & Barrel Expands into Dubai as repoted by Crain's Chicago Business
Crate & Barrel has entered into a franchise agreement with Dubai-based Al Tayer Group LLC to open stores in the Middle East in 2010.
The world headquarters of Crate & Barrel, in Northbrook, Illinois, said Tuesday that it plans to open stores in Dubai’s Mall of the Emirates and Mirdif City Centre. Crate & Barrel last year held its 1st international opening with a Toronto store and plans to follow up with one in Calgary, Alberta in the Fall of 2009.
“Dubai represents an excellent growth opportunity and launching pad to extend our brand internationally,” says Crate & Barrel CEO Barbara Turf. “It is a robust retail market, with many similarities to U.S. retail—state-of-the-art shopping malls, high-profile global brands and a diverse and sophisticated customer base.”
Crate & Barrel currently has about 160 stores. The Dubai stores will be managed by Al Tayer Trends, a lifestyle retail unit for the franchise company.
“We are pleased to bring the Crate & Barrel franchise to the region and are confident that the brand’s unique product mix, coupled with our regional retail expertise, will create a successful value proposition for customers,” Chief Operating Officer Khalid Al Tayer said.
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