Saint Honore to open 70 stores within stores by 2020

Celebrating 130 years of global success of their famed 'Paris Style', SAINT HONORE the French company is planning to open 70 stores within stores, or designated retail areas in a store, in the Gulf Cooperation Council (GCC) countries over the next five years. The new retail areas will bring the company’s total number of stores within stores in the region to 150, the company’s president, Thierry Fresard, said in an interview in Dubai. This year, 15 Saint Honore stores within stores are expected to open in the GCC, mainly in the UAE and Saudi Arabia, which account for 65 per cent of the company’s regional sales. Fresard expects a 10-15 per cent revenue growth in the region in 2015 compared with the previous year, driven by the opening of new stores.