Atlanta—Flip Flop Shops, which for the fourth year in a row was named one of the fast growing companies, is looking to take its casual footwear lifestyle to new regions. Today the footwear retailer announced a master franchise agreement with major Middle East fashion leader, Al Mana Fashion Group, W.L.L., a subsidiary of Al Mana Group.
More Than 100 New Stores in Pipeline
The agreement includes the development of 50 Flip Flop Shops retail locations throughout the region, including shops in Qatar, United Arab Emirates, Kingdom of Saudi Arabia, Kuwait, Bahrain and Oman. The new Flip Flop Shops locations will begin opening in early 2014, and will be developed throughout the region over the next ten years.
“This is a true testament to the strength of the Flip Flop Shops brand and model. And to be partnering with an internationally renowned fashion retailer such as Al Mana Group is something I consider one of our most significant successes as we expand globally,” said Brian Curin, president/co-Founder. “The Middle East is currently one of the hottest retail markets in the world, and we couldn’t ask for a better partner to bring our unique offering to this region.”
Flip Flop Shops operates nearly 100 locations globally, and has more than 100 shops in the development pipeline, not including this new Middle East development. Last year, Flip Flop Shops was named to the Inc. 500|5,000 list again, boasting 860% growth in the last three years.
Representing some of the world’s major international companies, Al Mana Group is involved in some of the largest and most lucrative projects in Qatar and throughout the Middle East.
“Flip Flop Shops is a unique and very marketable addition to our collection of major worldwide fashion brands,” said Andrew Fairall, general manager of Al Mana Fashion Group’s Sports Division. “We are looking forward to opening the first retail location in Qatar, and announcing that we have dozens of franchise opportunities available throughout the region.” www.flipflopshops.com.