This strategic partnership will see the launch of Carrefour in India, with the first opening scheduled for 2025 in NCR Region and a nationwide expansion to follow.

Apparel Group, a leading retail and lifestyle powerhouse, is proud to announce its strategic franchise partnership with Carrefour, marking a major milestone in Carrefour’s launch into the Indian market. This partnership is set to introduce Carrefour’s exclusive brands initially in North India with plans for a nationwide expansion. The first Carrefour locations are planned to open in NCR Region in 2025.

The Apparel Group, founded in 1996 in Dubai, is a leading player in the apparel retail and food and beverage (F&B) sectors. With over 24,000 employees, the group manages a portfolio of 85+ brands and operates over 2,300 stores across 14 countries spread across the Middle East, India, Southeast Asia & Africa.

Apparel Group is well-established in India, boasting a network of over 250 stores across more than 35 cities and 15 states. Building on this extensive market presence, Apparel Group is now expanding its footprint by partnering with Carrefour and introducing the renowned brand to the Indian consumers. This strategic move marks a significant step in Apparel Group’s growth, leveraging its deep market knowledge and infrastructure to bring Carrefour’s renowned global retail experience to new regions across the country.

Nilesh Ved, Owner of Apparel Group & Chairman of AppCorp Holding said: “We are extremely proud and excited to announce our partnership with Carrefour, one of the world’s leading retailers. In a very dynamic and rapidly changing market for food retail, we plan to open our first Carrefour stores during the summer of 2025. This partnership represents a significant step in strengthening our position in India. Our goal is clear: to offer the best products at very attractive prices to all Indian customers and make Carrefour their preferred choice for shopping.”

Patrick Lasfargues, Carrefour’s Executive Director of International Partnership, said “Thanks to this partnership, we are very happy to launch in India and grow our footprint in one of the fastest growing economies in the world. We will be expanding with multiple formats across the country to adapt to this dynamic country’s retail landscape. India is now the cornerstone of the Carrefour International Partnership 2026 development plan, marking a significant step forward in our strategy to expand into over 10 new countries by 2026.”

This partnership marks a significant milestone in Carrefour’s growth in the region, while reinforcing Apparel Group’s strong market position.

About Apparel Group LLC

Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to millions of eager shoppers through its 2300+ retail stores and 85+ brands on all platforms while employing over 24,000+ multicultural staff. Apparel Group has carved its strong presence in the Gulf region including United Arab Emirates, United Kingdom of Saudi Arabia, Kuwait, Qatar, Oman & Bahrain and expanded thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand, Malaysia and Egypt. Additionally, clear strategies are in place to enter emerging markets such as Hungary and Philippines. Apparel Group has created an omni-channel experience, operating brands originating from the USA, Canada, Europe, Australia, and Asia. The brands include leading names in fashion, footwear, and lifestyles such as Tommy Hilfiger, Calvin Klein, Charles & Keith, Skechers, Crocs, Aldo, Dune London, Nine West, Steve Madden, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Nysaa, and Rituals.

About Carrefour Group LLC

About the Carrefour Group With a multi-format network of over 14,000 stores in more than 40 countries, the Carrefour Group is one of the world’s leading food retailers. Carrefour Partenariat International manages all the Carrefour Group’s franchised Partners worldwide, operating in more than 30 countries with over 2,500 stores. Carrefour posted sales of €94.1 billion in 2023. Its integrated store network employs more than 300,000 people who help to make Carrefour the world leader in the food transition for all, by offering quality food every day, accessible everywhere and at a reasonable price. In total, more than 500,000 people work under Carrefour banners worldwide. For more information, visit www.carrefour.com, or find us on X (@news_carrefour) and LinkedIn (Carrefour). July 15, 2024

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