Majid Al Futtaim expands lifestyle retail footprint in Saudi Arabia

user icon
GHADA.ISMAIL
calender icon
Apr 29, 2025
article image

Riyadh – Sharikat Mubasher: Majid Al Futtaim is accelerating its expansion in Saudi Arabia’s lifestyle retail sector, announcing plans to open 13 new stores across the Kingdom in 2025, five of which are already operational.

The move will bring the company’s total store count in the Kingdom to 31, reinforcing its commitment to the Saudi market, as per a recent press release.

The expansion includes a mix of global lifestyle and luxury brands, with new stores launching in Riyadh and Jeddah. Among the latest additions are the first Saudi locations for Italian smart luxury brand Eleventy and menswear label Corneliani, which opened this month at Solitaire Mall in Riyadh. In May, Italian furniture house Poltrona Frau will open its first Saudi store at Centria Mall, marking its debut outside the UAE.

Last month, Abercrombie & Fitch and lululemon also expanded their footprint in the Kingdom with new openings in Solitaire Mall. Both brands now operate six and nine stores respectively across Saudi Arabia, with further locations slated for Jeddah later this year.

Fahed Ghanim, CEO of Majid Al Futtaim Lifestyle, said: “Saudi Arabia continues to be a core focus for our business, and our retail expansion reflects both growing consumer demand and our confidence in the market.”

Majid Al Futtaim will also introduce a new Crate & Barrel store at Riyadh’s Sahara Mall, while in Jeddah, five new outlets, including lululemon, Hollister, Eleventy, Abercrombie & Fitch, and AllSaints, will open at Jawharat Mall.

The expansion follows a strong 2024 performance for Majid Al Futtaim’s Lifestyle division, which saw a 26% increase in revenue and a 31% rise in digital sales, 22% of that growth driven by the Saudi market.


Share

Related News

New Murabba partners with EVIQ to install EV charging network
News
Calendar Icon
March 4, 2026
New Murabba partners with EVIQ to install EV charging network
Read More
Saudi Arabia PMI drops to 56.1 in February, lowest in nine months
News
Calendar Icon
March 3, 2026
Saudi Arabia PMI drops to 56.1 in February, lowest in nine months
Read More
Riyadh to host Global Innovation Summit 2026
News
Calendar Icon
March 3, 2026
Riyadh to host Global Innovation Summit 2026
Read More
Rewa closes seed round, launches digital rent payment application
News
Calendar Icon
March 2, 2026
Rewa closes seed round, launches digital rent payment application
Read More
Mawani signs MoU with UNCTAD to host Global Supply Chain Forum 2026
News
Calendar Icon
March 2, 2026
Mawani signs MoU with UNCTAD to host Global Supply Chain Forum 2026
Read More
YVL Capital Partners officially launches in Dubai
News
Calendar Icon
March 1, 2026
YVL Capital Partners officially launches in Dubai
Read More
Capgemini pacts with OpenAI to accelerate AI-powered enterprise transformation
News
Calendar Icon
March 1, 2026
Capgemini pacts with OpenAI to accelerate AI-powered enterprise transformation
Read More
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
News
Calendar Icon
February 26, 2026
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
Read More
Saudi Arabia to host MIPIM Middle East 2026 in October
News
Calendar Icon
February 26, 2026
Saudi Arabia to host MIPIM Middle East 2026 in October
Read More
Saudi Arabia to launch 1st AAM test site in Riyadh
News
Calendar Icon
February 26, 2026
Saudi Arabia to launch 1st AAM test site in Riyadh
Read More