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FJB's Raoul expands into Middle East
Franchise deal with Chalhoub will see nine standalone stores open by 2017
Published Thu, Dec 5, 2013 · 10:00 PM
HOME-GROWN international fashion label, Raoul, will expand to the Middle East after clinching a franchise deal with The Chalhoub Group, a leading player in the luxury business in the region.
The agreement, signed between FJ Benjamin Holdings and Chalhoub's CGR FZE, will see nine standalone Raoul stores open by 2017, with the first two in the United Arab Emirates and Bahrain by next year.
The deal is for an initial period of five years with an option to renew for another five, subject to compliances.
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