Landmark Group, one of the leading retail and hospitality conglomerates in the Middle East and India, today announced its entry in the Lebanese markets, with the official launch of the first Centrepoint store in Beirut, Lebanon. Centrepoint, is one of the Group's core retail outlet bringing together fashion and convenience through four internationally acclaimed brands: Babyshop (toys, clothing, furniture for children up to 16 years), Splash (clothing, fashion apparel and accessories for men, women and teens), Shoe Mart (footwear and accessories for men, women and children) and Lifestyle (home décor, furnishing, gifts, makeup and perfumes.)
Anchored in City Mall and spread over two levels with a total retail area of 44,356 sq. ft., Centrepoint is a leading one-stop shopping destination for the whole family. It has been designed to reflect the dynamism and diversity of the brands it represents, while offering great value for money in a visually exciting shopping atmosphere.
The store's launch featured a comprehensive entertainment program with freestyle basketball players, break dancers, ribbon performers, a kids corner, a DJ and a live radio show animated by Radio One's Maximus.
Speaking from Dubai, Micky Jagtiani - Chairman, Landmark Group said: "We are pleased to announce the official opening of the first Centrepoint in Lebanon. Centrepoint has received tremendous success in the Middle East, and currently operates 73 stores across 9 countries.
The launch of our Lebanon operations is an important step in our growth strategy. For us it is an important market as it gives us exposure to an audience that is clued on to the evolving lifestyle and fashion trends across the world. Through Centrepoint, we aim to provide a complete shopping experience for the entire family - from the latest in fashion & footwear trends, to cosmetics, home accessories and even products for new mothers and children"
Vipen Sethi, CEO - Landmark Group said: "At the Landmark Group, we strongly believe in 'creating exceptional value for all lives we touch', this policy has been integral to our success and we aim to extend this to our operations in Lebanon as well. The Group has an aggressive expansion strategy for Lebanon with plans to open 41 stores, including the launch of several new brands of the Landmark Group, encompassing over 340,000 sq. ft. of retail space over the next five years."
Adnane Chaaito, Territory Head, Landmark Retail Lebanon, said: "It is a very exciting phase for retail businesses like Landmark Group to enter Lebanon. The Lebanese people are as passionate about fashion and trends as the Landmark Group is about retail and creating tangible value through its retail offerings. Through offerings such as Centrepoint, we aim to provide a one-stop shopping destination for our Lebanese customers."
Fashion, style, affordable prices and above all, quality await the Lebanese at Centrepoint so wait no more for your all in one shopping experience.
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About Landmark Group
Founded in 1973 in Bahrain, the Landmark Group has successfully grown into one of the largest and most successful retail organizations in the Middle East and India. An international, diversified retail and hospitality conglomerate that encourages entrepreneurship to consistently deliver exceptional value, the Group operates over 900 outlets encompassing over thirteen million square feet across Middle East, India, Egypt, Turkey, Lebanon, Yemen and Pakistan (franchise operation). Landmark Group has a strong workforce of over 32,000 employees and provides a value-driven product range for the family through its core retail concepts: Centrepoint, Babyshop, Shoe Mart, Splash, Lifestyle, Beautybay, Iconic, Home Centre, Q Home Décor, Max, Shoexpress and E-Max. In addition to the brands developed in-house, the Group also holds the franchise rights for some of the world's leading fashion and footwear brands in the countries where it operates. The Group has also diversified in the leisure, food and hospitality segments with Fun City, Gourmet Station, Spaces, Citymax Hotels, Fitness First and Foodmark, the restaurant division which operates the Group's own and franchise food outlets.
For more information, please visit www.landmarkgroupme.com
© Press Release 2011
