Alshaya and Mothercare celebrate 25th anniversary
Dubai, January 8, 2009
M H Alshaya Co, the Middle East’s leading franchise operator, and Mothercare, the specialist retailer for mothers-to-be, babies and young children, are celebrated 25 years of partnership within the region.
CEO of Mothercare Ben Gordon was in Kuwait and attended a dinner held in his honour by executive chairman of M H Alshaya Co Mohammed Alshaya to mark the occasion.
Alshaya presented Gordon with a commemorative plate to celebrate the long standing and successful business relationship between the two companies.
“Alshaya and Mothercare have been on a long journey together. When we started, retailing within the Gulf was not as sophisticated as it has since become, and I believe the work we did together in the early years helped to set standards for the industry throughout the region,” said Alshaya.
“Over the years our relationship has developed to the level where it is seamless and almost innate. Our organisations work so well together it’s almost as if we’re one. And the best part about it is that it feels as though we’re only beginning. There is scope for so much more to be achieved. The markets we operate in still have considerable room for growth.”
In recent times Mothercare has gained a reputation as a business that has continued to perform and grow despite the economic issues that have beset the global marketplace. From the first store opened in Kuwait in 1983, M H Alshaya Co now operates over 180 Mothercare outlets.
The strength of the partnership between Mothercare and M H Alshaya Co. has seen them expand together into other territories. M H Alshaya Co also has the franchise rights for Mothercare in Russia, Poland, Czech Republic and Slovakia, and the successful growth pattern witnessed in the Gulf is being repeated in these markets. – TradeArabia News Service