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Regal plans major Mideast expansion

DUBAI — Regal Traders plans major expansion across Gulf countries and wider Middle East, according to top officials of the company, which mainly deals in fabrics and textiles.

The company is set to embark upon their 60^th anniversary celebrations today. Regal is one of the leading players in the textile trade in Dubai for the past six decades.

“It all began in 1952 when Regal Traders was set up on the banks of the Dubai Creek to deal in wholesale and indenting of fine fabrics from Japan and India. A pioneer in the region, it soon grew to become the flagship company of the Regal Group, setting up its first retail chain outlet in Dubai. Ever since, it has been a constant endeavour for Regal to provide customers with the choicest and the best fabrics from the world over, with great service,” said Vashu Shroff, chairman, Regal Traders.

“Fabrics and textiles constitute 60-70 per cent of the business and we are undertaking a major expansion plans across GCC and Middle East. The brand is planning to launch a new sports apparel brand ‘Anta’, the famous Chinese brands which has 9,000 retail stores. The official launch of Anta is planned in December 2012 and will be soon distributed around 400 stores,” added Raju Shroff, managing director, Regal Traders.

To deliver a more efficient and effective performance strategically organised, the operational divisions of their business unit are covered under: retailing, wholesale, indenting and bespoke fitting. Today, the textile division boasts 16 exclusive outlets across the UAE, Qatar and Saudi Arabia and has got a strong foothold in other businesses like Regal International, which is into sports technology; Regal Technologies, caters to fast evolving satellite / pay TV market, direct-to-home distributor of popular channels such as OSN, Pehla and Al Jazeera; Regal Investments, deals with Investments, starting from strategic investments to private equity and stock holding, bonds, portfolio management as well as real estate assets and property development/management; AYT International, fulfills the need of one stop solution of Mena customers for all high-voltage equipments and its testing and diagnostic systems and Rochas Trading is an importer, stockists and wholesaler of unique clothing collections, specialising in matching and lining materials.

— sandhya@khaleejtimes.com