Panorama Mall

New Store Opening

Proud moment. Now open hi in Panorama mall. A great team work and job well done. Many thanks to everyone involved

Saudi Arabia · 5 Nov 2021

New Store Opening

We proudly announce the opening of Three new specialty Coffee Shops this weekend in Panorama Mall ( COCOAVIA - STARBUCKS - OVER HERE)

Saudi Arabia · 25 Aug 2021

New Store Opening

Excited to announce the opening of Urth Caffe at Panorama Mall.

Saudi Arabia · 8 Mar 2021

New Store Opening

KIKO never stops! We are excited to announce the opening a stunning new store in the Panorama Mall in Riyadh, Saudi Arabia. A round of applause to the KIKO TRIBE for another incredible result.

Saudi Arabia · 24 Feb 2021

Happy to finally welcome Urth Cafe to Panorama mall😍

Saudi Arabia · 25 Jan 2021

New Store Opening

Shop the latest collection at our newly opened store at @panorama_mall, Riyadh.

Saudi Arabia · 14 Sep 2019

Fawaz Alhokair's M&S deal in Saudi ends, still partners elsewhere

DUBAI (Reuters) - Saudi Arabia’s Fawaz Abdulaziz Alhokair 4240.SE said on Wednesday its franchise agreement in the kingdom with British retailer Marks & Spencer (MKS.L) had ended, along with similar deals with a number of “non-performing” brands. Marks & Spencer (M&S) said in an email that its franchised stores in Saudi Arabia were transferred to Al-Futtaim Group in 2018. M&S has 15 franchised stores in Saudi Arabia. “We are focused on continuing to work with Al-Futtaim Group to develop and grow our business in Saudi Arabia,” M&S told Reuters. M&S still has a partnership with Alhokair in Armenia, Georgia and Kazakhstan, according to M&S’s website. M&S has more than 400 stores outside the United Kingdom, where it is a mainstay of shopping streets with more than 1,000 outlets. Its international business has been struggling, however, with revenues falling 14% and underlying operating profit down 6% in the year ended March 30, 2019. Alhokair also said on Wednesday it made a first-quarter net profit of 224 million riyals ($60 million), down 10.1% from the same period a year earlier. The firm, which owns franchise rights for brands including Mango, Zara and Banana Republic in the Middle East, said a decline in sales during the quarter was driven by the closure of non-performing stores and the disposal of weak brands as the group presses ahead with a “portfolio optimization strategy.”

Saudi Arabia · 20 Aug 2019