Press Releases

Fawaz Abdulaziz Alhokair & Co’s board of directors appointed on Dec. 20 Marwan Aziz Mokarzel as the new Chief Executive Officer, with effect starting from Jan. 8, 2019, the retailer said in a statement to Tadawul on Sunday. The new CEO has vast experience in the retail business and over 15 years of managerial positions in major Middle … Continued

ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE Net profit (loss) 103.49 425.3 -75.67 Earning or loss per share, Riyals 0.49 2.03 – Gross profit (loss) 1,214.62 1,517.07 -19.94 Operational profit (loss) 313.93 669.38 -53.1 All figures are in (Millions) Saudi Arabia, Riyals     ELEMENT EXPLAINATION Reasons of annual financial results The net and operational … Continued

29 April 2018 12:13 PM Riyadh – Mubasher: Saudi Arabia-based Fawaz Abdulaziz Al Hokair Company has inaugurated its second Apple product store in Jeddah under the name of Aleph. Located in Al Yasmeen Mall, the fresh store will sell Apple products, offer technical support and maintenance services, according to a statement on Sunday to the Saudi Stock Exchange (Tadawul). The Tadawul-listed … Continued

October 19, 2017 FAWAZ Abdulaziz Al Hokair Co, the leading company in the retail sector, opens Aleph, its first store and the biggest in Saudi Arabia for Apple products and accessories in Nakheel Mall, Riyadh. The trade agreement concluded between Fawaz Al Hokair Co and Apple, the manufacturer of iPhones, iPads, MacBooks and others, enables … Continued

15 April 2017 08:51 AM Riyadh – Mubasher: Alhokair Fashion Retail announced on Saturday that it has launched the first Lefties flagship store, the accessible price international fashion brand, in Saudi Arabia at Nakheel Mall Riyadh, according to a press release. This new 1,800 square meter exhibition is the first Lefties store in Saudi Arabia … Continued

RIYADH, SAUDI ARABIA, JANUARY 31ST 2017   Fawaz Abdulaziz Al Hokair & Co appoints Atul Singh as new Chief Executive Officer as Alhokair Fashion Retail continues its highly successful global expansion of fashion retail and franchise.   The incoming CEO arrives with almost twenty years of experience from a global consumer product player, having joined … Continued

IMMEDIATE RELEASE: RIYADH, SAUDIA ARABIA, JUNE 9TH, 2015 Fawaz A. Alhokair & Co. Tadawul “HOKAIR’, knows as 'Fashion Retail', today announced twenty-five years of growth in the Retail sector. Celebrating twenty five years in the retail industry, Fawaz A. Alhokair today says 'Thank you' to those around the world who, during a quarter of a century, … Continued

Fawaz A. Alhokair & Co. Tadawul “HOKAIR’ today announced interim results for the period ending 31st March, 2015, and twelve month results to the same date. The company reports:- A 26% increase in global sales, versus the previous year. An increase, versus the previous year, of: Gross profit, +28% Operating profit, +18% Net Profit, +4.1% … Continued

Alhokair Fashion Retail will today open a new 200 square metre Marks & Spencer Lingerie & Beauty store at the Al Noor Mall in Medina. The opening of its fourth Marks & Spencer Lingerie & Beauty store in Saudi Arabia follows the popularity of its Lingerie & Beauty stores in Riyadh, Dommam and Jeddah which … Continued

HAMBURG, GERMANY; RIYADH, SAUDI ARABIA (26 January, 2015) – Fawaz A. Alhokair & Co. ‘Fashion Retail’, in partnership with Bijou Brigitte, today announced a partnership to expand the brand internationally, with a planned launch in the Kingdom of Saudi Arabia. Bijou Brigitte is a market leader in the fashion jewellery and accessories sector in Europe. … Continued

(RIYADH- 21 January 2015 - TADAWUL: ‘HOKAIR’) Fawaz A. Alhokair & Co. (Fashion Retail) today announces a strong set of interim financial results, with gross profit for the nine months to 31.12.14 at 1,379.16m Riyals, 23.64% higher than the similar period for last year. Net profit and operational profit are also higher than last year’s … Continued

RIYADH, SAUDI ARABIA (TADAWUL: ‘HOKAIR’) – Fawaz A. Alhokair & Co., one of the world's most recognized retail franchise groups, the brand behind the brands, has unveiled its private label retail subsidiary, "INC.". With a rich heritage as a global retail franchisee, the brand launch coincides with Alhokair's emergence as a brand owner and franchisor. … Continued

RIYADH, SAUDI ARABIA – October 24th, 2014 – Fawaz A. Alhokair & Co. today announced a new franchise partnership with Gap Inc. to bring Old Navy stores to the Middle East. Alhokair, the Middle East’s largest franchise retailer, will be launching two stores in the Kingdom of Saudi Arabia in spring 2015. The stores, which … Continued

Joe Fresh® And Fawaz A. Alhokair & Co. Announce The Opening Of 3 Joe Fresh Stores In Saudi Arabia Under Partnership Agreement Covering 17 Countries   Fawaz A. Alhokair & Co. opened 3 Joe Fresh stores in Saudi Arabia in July, only one hundred and fifty days after executing the franchise agreement. TORONTO, ONTARIO AND … Continued

Alhokair Fashion Retail revealed plans to expand the Marks & Spencer store portfolio in Saudi Arabia and open the British department store group's first store in Azerbaijan this fall. Simon Marshall, Chief Executive Officer of Alhokair Fasion Retail, said: “M&S has tremendous appeal to consumers in all the markets in which we operate their stores … Continued

Fawaz A. Alhokair & Co. to launch and expand the Shasa brand across the Middle East and North Africa, after opening the world's first Shasa franchise store in July.  LOS ANGELES, CA; RIYADH, SAUDI ARABIA (October 2, 2014 — HOKAIR, TADAWUL) - Fawaz A. Alhokair & Co. SJSC, and its affiliates, in partnership with Shasa USA, today announced expansion plans that … Continued

Costa Coffee, the UK's favourite coffee shop and part of Whitbread plc, today announced plans to open its first store in Morocco, in partnership with Fawaz A. Alhokair & Co. Costa Coffee is the second largest coffee shop chain in the world, with over 2,700 stores across 30 countries, including over 1,600 stores in the … Continued

RIYADH – March 03, 2013 – Fawaz Al Hokair Group announced today that there will be two new Gap stores added to their fleet of stores in Saudi Arabia. The first store will be in Kingdom Mall and opened last February, followed by the Salaam Mall in Jeddah in April. In 2007 Fawaz Al Hokair … Continued

MARKS & SPENCER UNVEILS NEW FLAGSHIP STORE IN RIYADH M&S Hayat store boasts M&S’ first Bakery and M&S Café in Saudi Arabia Marks & Spencer (M&S) had a real treat lined up for its customers in Riyadh today with the grand opening of its brand new flagship store at the Hayat shopping mall. With 5,400 … Continued

Keep an eye out for Gap's Premium Pant collection for men and women in Gap Tbilisi Mall store in July. The black pants range features elegant, tailored trousers in a range of cuts that can be dressed up or down to suit any occasion. Customers know they can trust Gap to deliver perfect-fit jeans but … Continued

There's way more than great denim to get excited about at Gap this season (although you'll definitely find that in droves). The summer collection will hit stores with a new world of bold colour and print that celebrates the arrival of Summer. Heather blue, green, fire red, sunshine yellow, orange, paisley, ikat, stripes and chevrons. … Continued

In the summer of 1969, the same year man took his first steps on the moon, Doris and Don Fisher opened the first Gap store in San Francisco. Their aim was to make it easier for customers to find great-fitting jeans. Nowadays, Gap continues to live and breathe this philosophy. It offers customers classic casual … Continued

The wait is finally over! After much anticipation, Gap has hit Georgian shores. We are all thrilled to welcome one of our favourite international brands to the Tbilisi shopping scene. Gap is renowned for its fashion forward but affordable denim, great basics and on-trend pieces for everyday wear, and it is awesome that Georgian customers … Continued

Tesco is today announcing a new franchise model for F&F as it looks to turn the fashion label into a major global brand. F&F clothing and accessories will first become available in Saudi Arabia early next year as part of a franchise agreement with retailer Fawaz Abdulaziz Al Hokair & Co (SJSC). Tesco is also … Continued