GFC opens Adolfo Dominquez branch in Iran

The 375 square meter store will be one of Tehran's largest international branded stores that targets male and female shoppers from age group of 17 to 55 years old.

"We are very excited to introduce Adolfo Dominguez to Iran, and we believe Adolfo Dominguez brand name and all it entrenched and flattering sub-lines including youth casual 'U', large feminine size 'Plus', lifestyle sport 'Salta', kids 'AD Kids', fashion accessories 'AD Accessory' and household furniture 'AD CASA' will do well as a fun inspiring shopping experience within a juvenile retail market that is the most opportunistic destination for upcoming retail development within the Middle East," said Ahmed Sadoun Al Yaqub, Chairman and Managing Director of Gulf Franchising Holding Company.

"People in Iran are going to be overwhelmed by Adolfo Dominguez and what it has to offer. The people of Iran are young, vibrant and love to shop - frequenting malls and other shopping venues is a significant leisure activity, with customer visits as often as three times a week. Consumers in Iran want the latest fashions and women, in particular, enjoy expressing themselves through fashionable cloths," said Mahmoud Mousavi, Vice Chairman of Multimoda Caspian Company.

"We see a strong fit with the shoppers of this country and Adolfo Dominguez brand promise. We had this strategic expansion decision after a series of market studies that showed the appeal with the Iranians, especially the young segments for such stylish and modern fashions like Adolfo Dominguez, and we look forward to opening more stores in the near future," he added.