The Anglo Arab Alliance launches
- United Arab Emirates: Saturday, July 21 - 2012 at 12:11
- PRESS RELEASE
The Anglo Arab Alliance (AAA) has launched in the UK, providing British luxury brands easy and efficient access into the lucrative Middle Eastern market. By purchasing products directly from the brands, AAA will then negotiate, develop and market deals in the region, cutting out any red tape, cultural differences and legal issues.
The Middle East is notoriously difficult for luxury brands to penetrate, however with backing from royalty, including His Highness Prince Faisal Al Saud, embassies, consulates and some of the region's most powerful businessmen, AAA has developed three stages that drastically ease up the trade process:
Stage 1: The Deal - AAA will negotiate a master license agreement for the Middle East from British luxury brands
Stage 2: The Purchase - AAA will purchase substantial quantities from these British luxury brands, so brands will be protected by UK laws and not foreign
Stage 3: Market Development/Launch - AAA will then develop and market these products in the Middle East through the single largest network of luxury retailers in the region, adhering to all brand guidelines
"AAA has worked hard to develop strong relations and strategies to help high-end British businesses gain a foothold in the thriving Middle Eastern market," says Andrew Lloyd CEO (UK). "We are already working with a number of very well known British luxury brands and are very excited about the future."
The Middle East is experiencing a boom in the demand for luxury brands, with French and Italian brands currently dominating the market. Over 50% of luxury purchases in the Middle East are made by the under 30s . Such a diverse client base has given the Middle East a reputation for being a tricky market to maintain presence in, something which AAA seeks to overcome through working closely with their clients at all stages of the selling process.
The Anglo Arab Alliance also has the backing of multiple key political entities. Affiliations include the Saudi Arabia General Investment Authority (SAGIA) in the Middle East, The Royal Warrant Holder's Association in London and UK Trade & Investment. In addition to this, AAA also has links with the British Consulate in Jeddah and the British Embassy in Riyadh.
All these links give AAA a strong strategic standpoint within the Middle East, and enable British luxury brands smooth and easy access into this lucrative marketplace.
The AAA will be hosting an exclusive event on July 18th at the Mayfair Hotel in London as an opportunity for top-flight business people and senior directors of luxury brands to meet with the directors of AAA.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.