{"id":95585,"date":"2025-02-27T12:20:32","date_gmt":"2025-02-27T08:20:32","guid":{"rendered":"https:\/\/lovin.co\/dubai\/en\/?p=95585"},"modified":"2025-02-27T18:03:36","modified_gmt":"2025-02-27T14:03:36","slug":"a-uae-group-is-taking-over-fashion-with-major-stakes-in-spains-top-retailer","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/latest\/a-uae-group-is-taking-over-fashion-with-major-stakes-in-spains-top-retailer\/","title":{"rendered":"A UAE Group Is Taking Over Retail With MAJOR Stakes In Spain\u2019s Top Omnichannel Apparel Group"},"content":{"rendered":"
UAE\u2019s very own\u00a0Multiply Group<\/b>\u00a0is making BIG moves in the retail world, and this time, they\u2019re setting their sights on apparel!<\/p>\n
The Abu Dhabi-based investment powerhouse has just locked in a\u00a067.91%<\/b>\u00a0controlling stake in\u00a0Tendam<\/i><\/b>, Spain\u2019s second-largest apparel group by market share. This deal is more than just a big win for Multiply\u2026it\u2019s a game-changer.<\/p>\n
And it\u2019s nothing minor guys\u2026they\u2019re about to witness a massive boost to their EBITDA post-consolidation and an ICONIC entry into the world of global retail and apparel.<\/p>\n