Cenomi Retail inks deal to enter Uzbekistan's retail market

Logo of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail)

Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) announced its entry into the Uzbek market through signing an agreement to bring eight retail brands.

These brands include seven Inditex Group brands, including a Zara store at the newly developed Tashkent City Mall, and Cinnabon.

Following the signing of the Cinnabon agreement, Cenomi Retail is set to establish its maiden footprint in the Uzbek market. The company will proceed by signing and launching seven stores affiliated with the Inditex Group, with a specific emphasis on the 3,300-square-meter Zara store, the company said in a statement to Tadawul.

Additionally, these stores will feature Pull&Bear, Stradivarius, Massimo Dutti, Bershka, Oysho, and Zara Home.

The company highlighted that the opening of the new Zara store for women, men, and children, coinciding with its online offers launch in Uzbekistan, ensures a comprehensive shopping experience.

The store, situated in a prime location in Tashkent City Mall, boasts the latest retail concepts for large stores. It is equipped with technological tools such as the store application, connecting the location online with Tashkent City Mall.

The store, situated in a prime location in Tashkent City Mall, boasts the latest retail concepts for large stores, equipped with technological tools such as the store application, which connects the location online with Tashkent City Mall.

Cenomi Retail emphasized that Uzbekistan, with a population exceeding 30 million, is witnessing a growing interest among prominent global retail brands aiming to capitalize on the current consumer trends prevailing in the country.

Uzbekistan represents the 11th international market for Cenomi Retail. It is a promising market with potential growth bringing the integration of fashion innovation and fashion forward collection to satisfy increasing consumer demand in Uzbekistan.

The shift from traditional market patterns to multi-branch store chains reflects the modernization trend in Uzbekistan's retail sector, aligning with the growing preferences of its substantial consumer base.