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The
Arabian Gulf clothing market is driven by rising consumer spending
and continued growth in malls and shopping centers. The size and
diversity of its markets and the higher purchasing power of its
residents and visitors also adds to the growth of these markets. UAE
has pumped approximately US$ 262 million in the textile and
garments sector over the past four years. The world's fashion and
textile giants cannot afford to ignore this growth in a market worth
over US$ 12 billion.
Capitalizing
on this growth, Salam of Qatar, which already owns stores in Dubai,
Abu Dhabi, Al Ain, Qatar and Oman, plans to invest US$ 300 million
over the next five years, This investment will go towards opening of
branches in Saudi Arabia, Kuwait, Syria, Lebanon, Egypt and Iraq.
Recently the company invested US$ 30million in a new store at
Dubai's Wafi mall. Salam is just one of the many companies investing
heavily in the Middle Eastern markets. Similarly, the leading
retailer SAKS Fifth Avenue is complementing its 80,000 square foot
full line store in Dubai with the opening of a 15,000 square foot
men's store.
Motexha is the Middle East's largest Garments, Textiles,
Leather and Fashion Accessories Exhibition and the only available
platform for pronouncing your brand's presence in the Middle East's
rapidly growing clothing and fashion markets.
Motexha has served as a sourcing platform for
the Middle Eastern markets for 31 years and the recently concluded
2008 edition of the event once again brought together region’s
leading buyers, brand franchisers, traders, wholesalers, retailers
and re-exporters.
The next edition of Motexha
is going to be held from 7 ~ 9 April 2009 and the booking of
exhibit spaces has already begun. Visit
their site to book your stand NOW to reserve a premium
location at Motexha 2009! |