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AlDhabaan & Partners in association with Eversheds Sutherland advises Fawaz Abdul-Aziz AlHokair and Arabian Centers Company on its investment in the online trading platform VogaCloset Limited

  • Saudi Arabia

    20-04-2021

    AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP has advised Fawaz Abdul-Aziz AlHokair and Arabian Centers Company, a large Saudi based operator of malls and retail operations, on their investment in the online trading platform VogaCloset Limited which focuses on distributing clothing brands in the Middle East.

    Founded in London in 2013, VogaCloset supplies fashionable European products to consumers. The transaction will enable Fawaz Abdul-Aziz AlHokair and Arabian Centers to access VogaCloset's leading international e-commerce platform and help to accelerate their digital transformation.

    Fawaz Abdulaziz Alhokair (known as "Alhokair") was formed in 1990 by Fawaz, Salman and Abdulmajeed Alhokair. The company has since become the leading franchise retailer in Saudi Arabia and the only listed business of its type in the Middle East. Arabian Malls was established in 2002 and now has more than 21 lifestyle centers in 11 cities in Saudi Arabia with more than 4,300 retail stores.

    The AlDhabaan & Partners in association with Eversheds Sutherland team was led by Managing Partner, Saudi Arabia Fahad AlDehais AlMalki with support provided by Anmar AlGharifi (Partner), Robin Johnson (Partner), Megan Irons (Associate), Laura Allsop (Associate) and Saud Shidadi (Trainee Lawyer). 

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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