Luxottica Group S.p.A. (Milan) has announced that it will add more than 50 new Sunglass Hut stores over the next two years in the Middle East, under a five-year agreement signed with Azal Group, a franchiser with operations in the Middle East and Europe.
“The Middle East is clearly one of the markets with the highest potential for fashion and luxury goods and with an ever growing appetite for leading retail brands such as Sunglass Hut,” said Luxottica chairman Leonardo Del Vecchio. “The product offering of new stores will nicely complement our already strong wholesale coverage of the region by giving our portfolio of leading eyewear brands additional significant exposure to local affluent consumers in their home markets.”
Luxottica said the new Sunglass Hut stores will be present in the most important high-end shopping malls, mainly in the United Arab Emirates and Saudi Arabia. Stores will only carry Luxottica Group leading brands of premium sunglasses, including Bulgari, Chanel, Dolce & Gabbana, Prada, Versace and Ray-Ban.