Stellar growth for the GCC Clothing market continues at Motexha Exhibition
Fashion Event Article Posted June 17, 2008

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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!

 

 

You are welcome to further discuss these fashion events at the Fashion Industry Network.

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