Babyshop Expands Northeast China'S New Target In Expanding Global Market

< p > Babyshop was founded in 1973, and there are 195 branches in 14 countries in the Middle East and North Africa.

At present, the company is expanding some small towns in the United Arab Emirates, and it also considers opening branches in Kalba and di Ba areas.

"This will be our strategic base for the future," Ruban Shanmugarajah, general manager of Babyshop, said at a news conference.

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< p > Babyshop plans to open 15 to 18 stores in the Middle East and North Africa this year.

Although chief executive officer Vinod Talreja declined to disclose its revenue in 2013, he pointed out that revenue growth fell from 19% to 16% last year.

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< p > as a retail and hotel service group Landmark's enterprise, Babyshop expects to invest about 150 million dlam, opening 28 to 30 branches in the Middle East and North Africa, about 15 of them will be in the UAE, including 6 in Abu Dhabi.

Talreja said that once Dubai's new shopping center was built and put into use, Babyshop would be very interested in it.

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Mat Green, director of the world bank Richard group in UAE, points out that retailers who want to expand their sites in Dubai have always coveted the existing and those shopping centers under construction.

He expects that the new shopping center will be put into operation in 2017. At present, the main shopping centers in the Emirates are becoming saturated, the shops have a high rate of entry, and they are also actively expanding.

This reflects the shortage of local retail space.

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< p > it is reported that there are 40 Babyshop branches in the United Arab Emirates, with branches in Dubai, Abu Dhabi, Sharjah, Fujairah, ha al Ma and um Gwan.

The company recently opened new sales outlets in Dubai's World Trade mall, downtown Deal Field, Ruwais shopping mall and Dubai brand marketing mall.

In addition, Babyshop plans to open a new store in Abu Dhabi's Yas shopping center, but it is also possible to deploy in Dubai's Deuil shopping center and some community shopping centers.

It has been revealed that Babyshop has opened a new branch with Hatta in the United Arab Emirates.

As one of the fastest growing markets, Babyshop expects to add 15 new stores to Saudi Arabia this year.

In addition, a branch will be opened in March in downtown Marin, Libya and Iraq.

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P > Talreja says the company is preparing to enter Morocco, Tunisia and Algeria, and its expansion is global, because these are large population countries, and the company has great potential here.

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< p > the shortage of retail space in the Middle East and North Africa shows the demand for local economic development. For the economic development of many countries in the Northeast China, oil export is the driving force, economic reform is the guarantee, and the regional situation is a hidden danger.

Geopolitical risk is one of the reasons for the Middle East oil prices and economic fluctuations.

The volatile regional situation may impede economic growth, weaken the role and achievements of economic reform, reduce people's expectation of the economic environment of the region, and then bring a negative impact on the economy as a whole.

In this sense, achieving peace and stability in the Middle East is the fundamental reason for the healthy development of the economy.

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