{"id":24357,"date":"2023-10-10T13:28:39","date_gmt":"2023-10-10T13:28:39","guid":{"rendered":"https:\/\/www.meretailnews.com\/?p=24357"},"modified":"2023-10-10T13:28:39","modified_gmt":"2023-10-10T13:28:39","slug":"cenomi-retail-to-enter","status":"publish","type":"post","link":"https:\/\/www.meretailnews.com\/2023\/10\/10\/cenomi-retail-to-enter\/","title":{"rendered":"Cenomi Retail signs agreements to enter Uzbekistan retail market"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span data-preserver-spaces=\"true\"><a href=\"https:\/\/www.meretailnews.com\/2023\/09\/12\/cenomi-retail-joins-tabby\/\">Cenomi Retail<\/a>,\u00a0<\/span><span data-preserver-spaces=\"true\">Saudi\u2019s largest vertically integrated retailer, has forayed into Uzbekistan with the signing of nine international brands to open in Tashkent City Mall.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The retailer completes its entry into its 11th international market with the confirmation that it will open seven Inditex brand stores in the new development, anchored by a Zara store, in addition to Pull &amp; Bear, Stradivarius, Massimo Dutti, Bershka, Oysho and Zara Home.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">CEO of <a href=\"https:\/\/ir.cenomiretail.com\/news-events\" target=\"_blank\" rel=\"noopener\">Cenomi Retail<\/a>, Dr Gunther Helm, said: \u201cThe retail sector in Uzbekistan is continually picking up pace, seeing double-digit growth in sales and a consumer that is asking for greater choice in modern, experiential lifestyle destinations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cHaving experienced strong success in several CIS countries to date, where Cenomi Retail operates some of the world\u2019s leading fashion, beauty and F&amp;B brands, we are confident that our know-how will promote Uzbekistan as a vibrant market for growth.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This follows Cenomi&#8217;s agreements with Aldo and Cinnabon in April.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Uzbekistan has seen a marked increase in interest from international retail brands looking to capitalise on maturing consumer habits. Having previously been dominated by the traditional market format, the country\u2019s retail sector is moving towards adopting retail chains as it modernises to meet the increasing demands of its large consumer population.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Established in Saudi Arabia in 1990, Cenomi has an established presence across the Mena and CIS regions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Cenomi Retail now trades in over 1,300 stores across 100 shopping malls in 11 countries, with a retail platform operating on a total GLA of more than 400 thousand square meters.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cenomi Retail entered the Uzbekistan retail market after signing nine international brands <\/p>\n","protected":false},"author":40,"featured_media":21834,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4785,2683],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24357"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=24357"}],"version-history":[{"count":1,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24357\/revisions"}],"predecessor-version":[{"id":24358,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24357\/revisions\/24358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/21834"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=24357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=24357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=24357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}