UAE homegrown brand Max Fashion is aiming to triple the number of stores in its network to 750 within five years, in a bid to boost its revenue to $3bn per year.
Currently valued at $1.2bn, the ten year old brand has has opened 250 stores across 15 countries in the Middle East, North Africa and India.
With aggressive expansion plans of more than tripling its outlets and reaching a $3bn status in just five years, Max is showing no signs of slowing down.
The brand said it currently has around 23m shoppers per year, each spending an average of $41 per visit.
Max Fashion is part of the Dubai-based conglomerate the Landmark Group.
via ArabianBusiness.com.
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