LEFUTUR Eyes Middle East Expansion

A leading European chain of amazing gift stores said it plans to develop 20 stores in the Middle East that will open over the next three years.

The stores would be located in United Arab Emirates, Kuwait, Saudi Arabia, Egypt, Lebanon, Bahrain, Qatar, Oman and Jordan, Alex Vassiliev, the Regional Director for Middle East and Africa said.

He also said the stores would be operated by the local master franchisees. Alex Vassiliev announced that compamy has already signed letter of intent to open 10 stores accross the UAE with one of the leading local business groups.

Founded in 2001, LEFUTUR has grown to more than 80 company-owned and franchised stores in 6 countries. High quality of products, unique combination of functionality, creativity, emotions and innovative ideas have made LEFUTUR so popular in the recent years.

In 2006 the group has already established its presence in Turkey opening flagship Istanbul store in Kanyon Shopping Mall. Today LEFUTUR’s joint venture company with one of the leading Turkish holdings operates 3 stores in Istanbul and plans to open 12 new stores across the Turkey in 2007.