The new agreement with Real Madrid represents an important new step in Marka’s expansion plans
Dubai, United Arab Emirates, 24 January 2017: Marka PJSC (DFM: MARKA), the first public joint stock retail operator in the UAE, has announced today an agreement with Real Madrid, securing the exclusive rights to manufacture, distribute and sell Real Madrid products across the GCC region
Khaled Al Mheiri, Vice Chairman and CEO of Marka, said: “We are honored to be working with Real Madrid – a highly celebrated and successful football club that is eagerly supported by fans across the region. This new and exclusive partnership also furthers Marka’s broader strategy that the company has been pursuing since 2014. Our aim has been to secure such agreements with renowned brands – Real Madrid being a leading example – to provide our customers with the very best products across our sports, fashion and beauty, and hospitality outlets in the UAE and wider GCC region. This agreement will offer all Real Madrid supporters and fans a unique chance to purchase original club merchandise right in the GCC.”
The agreement spans all GCC countries, and gives Marka the right to manufacture a wide range of products that bear the Real Madrid name and logo. The portfolio of products includes Tshirts, shoes, swimwear, polo shirts, hats, suits, skirts, pants, toys, towels, coats, etc... Marka will be distributing the products widely across several retail outlets starting in the UAE, giving customers ample opportunities to become proud owners of their favorite football kit.
About Marka PJSC
Marka PJSC (DFM: MARKA) is the first public joint stock company focused on the growing retail sector in the UAE. Incorporated with a capital of AED 500 million and headquartered in Dubai, Marka is a premier retail operator targeting the mid-to-high-range and luxury segments. Since incorporation in 2014, Marka has partnered with leading global brands in the retail and hospitality sectors, pursuing a growth strategy focused on acquisitions, franchise agreements and unique home-grown retail concepts.
Marka is committed to offering value to its customers through high quality products and services at optimum cost, simultaneously generating value for its shareholders and giving back to the communities in which it operates.
For further information about Marka and to learn more about its brands, visit www.markaholding.com.
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