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

FII Institute reschedules 10th Future Investment Initiative to October 2027
News
Calendar Icon
November 12, 2026
FII Institute reschedules 10th Future Investment Initiative to October 2027
Read More
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
News
Calendar Icon
November 12, 2026
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
Read More
Invest Qatar rolls out program to connect startups with global investors
News
Calendar Icon
November 12, 2026
Invest Qatar rolls out program to connect startups with global investors
Read More
Zacua Ventures closes $135mn Fund II backed by Dubai Future District Fund
News
Calendar Icon
November 12, 2026
Zacua Ventures closes $135mn Fund II backed by Dubai Future District Fund
Read More
Network International, AdalFi collaborate to improve credit access across MEA
News
Calendar Icon
November 11, 2026
Network International, AdalFi collaborate to improve credit access across MEA
Read More
SVC invests in Jadwa Investment’s private credit fund
News
Calendar Icon
November 11, 2026
SVC invests in Jadwa Investment’s private credit fund
Read More
OmniOps launches Bunyan Inference Hub to help organizations access Saudi-hosted AI models
News
Calendar Icon
November 11, 2026
OmniOps launches Bunyan Inference Hub to help organizations access Saudi-hosted AI models
Read More
Mawsool closes pre-seed round to expand its reach in Saudi Arabia, MENA
News
Calendar Icon
November 11, 2026
Mawsool closes pre-seed round to expand its reach in Saudi Arabia, MENA
Read More
Expand officially launches to help global firms enter Saudi market
News
Calendar Icon
November 10, 2026
Expand officially launches to help global firms enter Saudi market
Read More
Barclays lands new Riyadh office to expand Saudi Arabia operations
News
Calendar Icon
November 9, 2026
Barclays lands new Riyadh office to expand Saudi Arabia operations
Read More