28 December, 2015

Marka Makes a Move into Dubai Design District

Marka, the UAE's first publicly-traded retail and hospitality operator, has established its new corporate headquarters at Dubai Design District.

Marka Makes a Move into Dubai Design District
UAE's first publicly-traded retail operator's new headquarters styled by award winning New York based architect Antonio Pio Saracino
Dubai, United Arab Emirates - 28 December 2015

Marka PJSC (DFM: MARKA), the UAE's first publicly-traded retail and hospitality operator, has established its new corporate headquarters at Dubai Design District. The announcement reflects the company's ongoing growth and expansion, which now sees its complement of employees numbering over 1,000.

Also known as d3, Dubai Design District has been inaugurated to stimulate creativity and play a key role in realising Dubai's vision to be an innovation-led economy. Marka's new presence there reflects its ambition to lead the region's retail and hospitality sectors and to accrue new premium brands to its expanding portfolio, which it operates under the three divisions: Marka Fashion, Marka Hospitality and Marka Sports.

"In line with our vision and mission to be the pre-eminent name in the region's dynamic and evolving retail sector, we have moved Marka's head office to d3, Dubai's cutting edge design district, said Khaled Almheiri, Vice-Chairman and Managing Director of Marka.

"At its heart, Marka is an innovative retailer that nurtures the international brands it operates, as well as incubates home grown brands. With d3 unveiled to be a purpose-built design district that encourages local talent and home for the region's creative thinkers, it is a natural community for Marka to both contribute to and participate in."

Marka's 20,000 square foot headquarters have been designed by Antonio Pio Saracino, four-time winner of Interior Design's Future Furniture competition and person named as one of the world's '25 most interesting trendsetters.' Saracino's unique touch has been applied to the office's meeting rooms, conference rooms, showroom and staff areas, with the renowned designer creating a stylish operational environment for Marka employees.

Marka contracted Saracino to appoint its new corporate headquarters in alignment with its key values and to incorporate elements that enhance its brand identity around: 'contemporary,' 'pioneering,' 'lifestyle,' 'integrity' and 'trust.' The result is a modern, open, airy and transformative workplace environment that has been designed to foster intellectual insight, perspective and innovation.

Saracino's work forms part of the permanent collections at several museums, including: the Brooklyn Museum, the Museum of Art and Design in New York and the Powerhouse Museum in Sydney. Over the past 10 years he has exhibited in galleries and museums throughout Europe, the Middle East, North and South America, and Australia.


About Marka PJSC
Marka PJSC (DFM: MARKA) is the first public joint stock company focused on the growing retail sector in the UAE. Incorporated with a capital of AED 500 million and headquartered in Dubai, Marka is a premier retail operator targeting the mid-to-high-range and luxury segments. Since incorporation in 2014, Marka has partnered with leading global brands in the retail and hospitality sectors, pursuing a growth strategy focused on acquisitions, franchise agreements and unique home-grown retail concepts.

Marka is committed to offering value to its customers through high quality products and services at optimum cost, simultaneously generating value for its shareholders and giving back to the communities in which it operates.

For further information about Marka and to learn more about its brands, visit www.markaholding.com.

For Further Information, please contact:
Nesreen Bakheit
Senior Account Executive
Cicero & Bernay Public Relations
Tel: 050-437 65 21
Email: nesreen@cbpr.me

© Press Release 2015

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