HARVEY NICHOLS EXPANDS INTERNATIONAL PRESENCE
LUXURY STORE OPENING IN DOHA IN PARTNERSHIP WITH SALEH AL HAMAD AL MANA Group of Companies
LONDON/DOHA: 8 December 2014– Harvey Nichols, the world’s leading luxury retailer and Harvey Nichols Doha LLC, a luxury retail company affiliated to the Saleh Al Hamad Al Mana Group of Companies, a leading Qatari business group, have signed an exclusive licence agreement for the development of a Harvey Nichols store in the State of Qatar, Doha.
Targeted to open in Q1 2017, the store will boast 80,000 square foot of retail space which will offer an exclusive edit of fashion, beauty, childrenswear, homeware and a range of hospitality services.
Targeted to open in Q1 2017, the store will boast 80,000 square foot of retail space which will offer an exclusive edit of fashion, beauty, childrenswear, homeware and a range of hospitality services.
This is a highly attractive market for Harvey Nichols as Qatar has one of the world’s highest levels of disposable income.
The gross domestic product per capita in Qatar is ranked number 1 globally, being $100,000/capita and Qatar is forecast to be one of the world’s fastest growing luxury markets. With strong consumer confidence and spending power, Qataris are the biggest buyers of luxury goods in the Middle East according to The American Express Middle East Luxury spending tracker.
The store will be located in Doha Festival City, the prestigious shopping, leisure and entertainment center of Doha. The store will be Harvey Nichols eighth venture outside the UK and Ireland. Other International locations include Hong Kong, Dubai, Riyadh, Turkey and Kuwait.
With the acquisition of the exclusive licence for the Harvey Nichols brand, this will reinforce Saleh Al Hamad Al Mana Group of Companies as a leading presence in the luxury retail sector. Al Mana Luxury, an affiliate of the same group, operates boutiques for Hermes, Chloe’, Giorgio Armani, Emporio Armani, Armani Exchange, Balenciaga, Giuseppe Zanotti, Sergio Rossi, Alexander McQueen, Stella McCartney, Agent Provocateur, Anya Hindmarch and many other luxury brands. The group also has a diverse range of other businesses within its portfolio including Automotive, Luxury Hospitality Development, Media, Engineering as well as a diverse portfolio of property development. Operating in Doha since 1951, Saleh Al Hamad Al Mana Group of Companies has built a reputation for excellence in customer service.
The gross domestic product per capita in Qatar is ranked number 1 globally, being $100,000/capita and Qatar is forecast to be one of the world’s fastest growing luxury markets. With strong consumer confidence and spending power, Qataris are the biggest buyers of luxury goods in the Middle East according to The American Express Middle East Luxury spending tracker.
The store will be located in Doha Festival City, the prestigious shopping, leisure and entertainment center of Doha. The store will be Harvey Nichols eighth venture outside the UK and Ireland. Other International locations include Hong Kong, Dubai, Riyadh, Turkey and Kuwait.
With the acquisition of the exclusive licence for the Harvey Nichols brand, this will reinforce Saleh Al Hamad Al Mana Group of Companies as a leading presence in the luxury retail sector. Al Mana Luxury, an affiliate of the same group, operates boutiques for Hermes, Chloe’, Giorgio Armani, Emporio Armani, Armani Exchange, Balenciaga, Giuseppe Zanotti, Sergio Rossi, Alexander McQueen, Stella McCartney, Agent Provocateur, Anya Hindmarch and many other luxury brands. The group also has a diverse range of other businesses within its portfolio including Automotive, Luxury Hospitality Development, Media, Engineering as well as a diverse portfolio of property development. Operating in Doha since 1951, Saleh Al Hamad Al Mana Group of Companies has built a reputation for excellence in customer service.
Commenting on the partnership, Stacey Cartwright, Chief Executive of Harvey Nichols said:
“Doha is an exciting market for Harvey Nichols due to the significant growth we are seeing in the country. The Qatari customer is increasingly important to our UK business and we look forward to being able to service them in their home market, with the best shopping and dining experience, when we open our doors for business”
“Doha is an exciting market for Harvey Nichols due to the significant growth we are seeing in the country. The Qatari customer is increasingly important to our UK business and we look forward to being able to service them in their home market, with the best shopping and dining experience, when we open our doors for business”
Mr. Hisham S. Al Mana, Chairman & Managing Director commented:
“Harvey Nichols will add a great shopping and dining experience to Qataris and expats alike in Qatar. We truly believe in the growth of our beloved country; Qatar is paving the way to becoming the center of attraction in the Gulf Region. Partnering with prestigious brands such as Harvey Nichols is a key factor of success as offering luxury retail products addresses our consumer needs.”
“Harvey Nichols will add a great shopping and dining experience to Qataris and expats alike in Qatar. We truly believe in the growth of our beloved country; Qatar is paving the way to becoming the center of attraction in the Gulf Region. Partnering with prestigious brands such as Harvey Nichols is a key factor of success as offering luxury retail products addresses our consumer needs.”
About Harvey Nichols Group
Harvey Nichols is the world’s leading luxury retailer, renowned for its exclusive edit of the most prestigious brands across womenswear, menswear, accessories, beauty, food and beverage.
Founded in 1831, today Harvey Nichols has stores in London, Bristol, Manchester, Edinburgh, Birmingham, Leeds and a dedicated beauty store Beauty Bazaar, Harvey Nichols in Liverpool and Hong Kong. Outside of the UK stores include Dublin in the Republic of Ireland and internationally Riyadh, Hong Kong, Dubai, Istanbul, Ankara and Kuwait. The London flagship store is located in the heart of Knightsbridge, London’s most fashionable and exclusive shopping district. The store has a gross floor area of approximately 220,000 square feet.
In addition to its fashion retailing business, Harvey Nichols successfully redeveloped the top floor of the London flagship store to create a Restaurant, Bar, Café, Beverage Shop and Foodmarket which have become destinations in their own right. A similar concept operates from the top floors of all Harvey Nichols full-size stores.
Harvey Nichols launched its first stand-alone restaurant in 1996, the highly successful OXO TOWER Restaurant, and Brasserie, with spectacular views of the River Thames.
November 2012 saw the opening of Beauty Bazaar, Harvey Nichols, a globally innovative concept that provides the ultimate luxury beauty experience and the UK's first, one-stop beauty destination. Utilizing 22,000 square feet of retail space, the store extends across three floors in the heart of Liverpool's fashion hub - Liverpool ONE.
In April 1996, Harvey Nichols obtained a full listing on the London Stock Exchange and for the subsequent period of almost seven years remained as a listed company. February 2003 saw the return of Harvey Nichols to private ownership and Harvey Nichols Group Limited is now owned by the Hong Kong based retail magnate, Dr. Dickson Poon whose retail businesses extend to North America, Europe, Japan, China and South-East Asia.
Further information on Harvey Nichols can be found on the website www.harveynichols.com.
About Saleh Al Hamad Al Mana Company
SALEH AL HAMAD AL MANA Group of Companies is a family owned, multinational entity that is Qatar-based established in the early 1950’s, and is one of the most successful Retail & Investment groups in the region. Having started his business in trade and transportation, the late founder Saleh Al Hamad Al Mana was an early visionary who could see the potential of the Qatar and Middle Eastern markets. Through his business successes, he diversified the portfolio to include investment, construction, automotive and real estate.
The business model he created has now been further developed by his sons who are aggressively expanding the original business model to now include a very strong retail division, like Al Mana Luxury, Al Mana Fashion, as well as other business interests in Media, Hotels, FMCG, F&B restaurants, Insurance, Engineering, Information Technology.
Today, renowned for its business reputation, vision, sustainability, strategy and service levels as well as its strong business relationships with key international brands and partners, SALEH AL HAMAD AL MANA Group of Companies has a strong business infrastructure and a diversified portfolio of brands and businesses throughout the GCC.
Through a wide variety of businesses and interests which set the base for an ambitious future expansion in alignment with the development of the Middle-East market and its current and future potential, the focus of Saleh Al Hamad Al Mana Group of Companies strategy lays on the collaboration with selected high-profile key partners across the Middle East.
Harvey Nichols is the world’s leading luxury retailer, renowned for its exclusive edit of the most prestigious brands across womenswear, menswear, accessories, beauty, food and beverage.
Founded in 1831, today Harvey Nichols has stores in London, Bristol, Manchester, Edinburgh, Birmingham, Leeds and a dedicated beauty store Beauty Bazaar, Harvey Nichols in Liverpool and Hong Kong. Outside of the UK stores include Dublin in the Republic of Ireland and internationally Riyadh, Hong Kong, Dubai, Istanbul, Ankara and Kuwait. The London flagship store is located in the heart of Knightsbridge, London’s most fashionable and exclusive shopping district. The store has a gross floor area of approximately 220,000 square feet.
In addition to its fashion retailing business, Harvey Nichols successfully redeveloped the top floor of the London flagship store to create a Restaurant, Bar, Café, Beverage Shop and Foodmarket which have become destinations in their own right. A similar concept operates from the top floors of all Harvey Nichols full-size stores.
Harvey Nichols launched its first stand-alone restaurant in 1996, the highly successful OXO TOWER Restaurant, and Brasserie, with spectacular views of the River Thames.
November 2012 saw the opening of Beauty Bazaar, Harvey Nichols, a globally innovative concept that provides the ultimate luxury beauty experience and the UK's first, one-stop beauty destination. Utilizing 22,000 square feet of retail space, the store extends across three floors in the heart of Liverpool's fashion hub - Liverpool ONE.
In April 1996, Harvey Nichols obtained a full listing on the London Stock Exchange and for the subsequent period of almost seven years remained as a listed company. February 2003 saw the return of Harvey Nichols to private ownership and Harvey Nichols Group Limited is now owned by the Hong Kong based retail magnate, Dr. Dickson Poon whose retail businesses extend to North America, Europe, Japan, China and South-East Asia.
Further information on Harvey Nichols can be found on the website www.harveynichols.com.
About Saleh Al Hamad Al Mana Company
SALEH AL HAMAD AL MANA Group of Companies is a family owned, multinational entity that is Qatar-based established in the early 1950’s, and is one of the most successful Retail & Investment groups in the region. Having started his business in trade and transportation, the late founder Saleh Al Hamad Al Mana was an early visionary who could see the potential of the Qatar and Middle Eastern markets. Through his business successes, he diversified the portfolio to include investment, construction, automotive and real estate.
The business model he created has now been further developed by his sons who are aggressively expanding the original business model to now include a very strong retail division, like Al Mana Luxury, Al Mana Fashion, as well as other business interests in Media, Hotels, FMCG, F&B restaurants, Insurance, Engineering, Information Technology.
Today, renowned for its business reputation, vision, sustainability, strategy and service levels as well as its strong business relationships with key international brands and partners, SALEH AL HAMAD AL MANA Group of Companies has a strong business infrastructure and a diversified portfolio of brands and businesses throughout the GCC.
Through a wide variety of businesses and interests which set the base for an ambitious future expansion in alignment with the development of the Middle-East market and its current and future potential, the focus of Saleh Al Hamad Al Mana Group of Companies strategy lays on the collaboration with selected high-profile key partners across the Middle East.