Kingdom Centre Mall

Project Update

وزير السياحة يدشن المرحلة الأولى من أعمال توسعة وتطوير فندق الفورسيزونز بالرياض، وتضمنت أعمال التطوير ترسيخ الهوية السعودية في التصميم الداخلي عبر عرض الأعمال الفنية المحلية في أروقة الفندق

Saudi Arabia · 2 Feb 2023

New Store Opening

Soon at the Kingdom: - Louis Vuitton flagship store opening this fall in new location. - Marli New York is coming this fall with it's first shop in KSA. Stay tuned.

Saudi Arabia · 22 Feb 2021

Another milstone for FAWAZ AL HOKAIR GROUP . Revamping our ZARA with a beautiful 3,000 SQM at kingdom center Riyadh, relocated to the ground level

Saudi Arabia · 29 Sep 2020

صرنا أقرب لكم ..جولت في برج المملكة يومياً ٦.٣٠ صباحاً-١١.٣٠ مساءً الجمعة ٢ مساءً - ١١.٣٠ مساءً

Saudi Arabia · 25 Feb 2020

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

New Store Opening

Let me introduce you our latest opening in Alhokair Group! Bershka Kingdom mall. Opened now in Riyadh, Saudi Arabia.

Saudi Arabia · 30 Aug 2017