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Friday, December 27, 2024

Archies Expands into GCC Market with Strategic Partnership

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Archies has officially entered the GCC retail market through a strategic partnership with Al Hasnae Gifts, marking a significant milestone in its global expansion plans. This collaboration launches Archies’ presence in the UAE, with future plans to extend into Oman, Saudi Arabia, and Bahrain, broadening its reach in the Middle East.

Top Executive Shares his Statement 

Varun Moolchandani, Executive Director of Archies, expressed his excitement about the venture: “We are thrilled to team up with Al Hasnae Gifts as we embark on this journey in the GCC. This partnership is a vital step towards bringing joy and fostering emotional bonds through our unique gifting range.” He further emphasized the opportunity in the region, saying, “The GCC market is vibrant with immense potential, and we look forward to introducing Archies’ timeless gifting products to a new audience. It’s especially exciting for the NRI community, who will now have a chance to reconnect with Archies and share meaningful gifts, particularly during festivals that are deeply cherished.”

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Archies’ products are now available in key retail outlets across the GCC, thanks to Al Hasnae Gifts’ established network in the region. Retail partners include Carrefour (MAF Retail), ADCOOP stores in Abu Dhabi and Al Ain, and Union Co-op locations in Dubai. The partnership also strengthens Archies’ presence on prominent online retail platforms, offering an integrated omnichannel shopping experience.

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Archies Has Grand Plans for the Future 

Looking ahead, Archies plans to further expand into Oman, Saudi Arabia, and Bahrain, aiming to provide a diverse range of high-quality gifting solutions. This collaboration not only promises enhanced market access but also ensures a seamless shopping experience for customers both in-store and online, setting the stage for a successful first year with expected revenues of AED 7–8 million.

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