Not about to be mired down by the U.S. economy, Oscar de la Renta Ltd. is heading to the Arabian Gulf region to increase international sales.
The company has inked a multiterritory distribution partnership with the Dubai-based Retail Arabia International, a joint venture of Daud Investments and GGICO. As part of the deal, Retail Arabia International will operate freestanding Oscar de la Renta boutiques in Qatar, Saudi Arabia and the United Arab Emirates, with plans to unveil five stores in Dubai, Abu Dhabi, Doha, Riyadh and Jeddah in the next three years.
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