86 096
Fashion Jobs
RALPH LAUREN
Associate Manager
Permanent · HERSHEY
A & F
Abercrombie & Fitch - Assistant Manager, International Market Place
Permanent · HONOLULU
A & F
Hollister CO. - Brand Representative, Galleria at Tyler
Permanent · RIVERSIDE
FOOT LOCKER
Director of Safety (Supply Chain)
Permanent · CAMP HILL
LEE
PT Keyholder, Estero, FL
Permanent · ESTERO
URBN
Free People: Merchandise Planning Manager
Permanent · PHILADELPHIA
URBN
Free People: Senior Merchandise Planner
Permanent · PHILADELPHIA
KOHLS
Operations Supervisor - Weekend Overnights
Permanent · EDGEWOOD
KOHLS
Full-Time Loss Prevention Officer
Permanent · SOUTH BURLINGTON
ADIDAS
Key Account Manager: Athletic Footwear
Permanent · PITTSBURGH
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · GOSHEN
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · NAPLES
KOHLS
Shift Leader/Operations Manager - Weekend Night Shift
Permanent · PATASKALA
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader (Part-Time) - us
Permanent · POOLER
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · MURFREESBORO
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader - us
Permanent · KAPOLEI
NAVY EXCHANGE
Buyer (Level i) - Beauty Care
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i) - Pet
Permanent · VIRGINIA BEACH
GAP INC.
Asset Protection Service Representative - Harlem Usa
Permanent · NEW YORK
GAP INC.
Asset Protection Coordinator - Mount Vernon Plaza
Permanent · ALEXANDRIA
BANANA REPUBLIC
Associate Art Director, Photo Studio
Permanent · SAN FRANCISCO
ECCO
Third Keyholder
Permanent · SAN FRANCISCO
By
Reuters
Published
Dec 15, 2008
Download
Download the article
Print
Text size

Egypt's Arafa buys stake in Italian clothing firm

By
Reuters
Published
Dec 15, 2008

CAIRO, Dec 15 (Reuters) - Egyptian garment maker and retailer Arafa Holding AIVC.CA has bought a 35 percent stake in Italian textile firm Forall Confezioni S.p.A (Forall Group) for 25.3 million euros ($34.07 million) ($34 million), Arafa said on Monday.

The agreement gives Arafa the right to buy out the remaining stake in Forall Group within the next five years.

Arafa Chairman Alaa Arafa has long had his eye on Italian brands. "Italy is a dream for us," he said in April. "If we have an international brand in Italy this will change our dimensions." Forall Group is a men's clothing and accessories company which sells its products in fashion house Pal Zileri's stores.

Last year the company reported turnover of 136 million euros ($183 million) and earnings before interest, taxation, amortisation and depreciation EBITDA of 10.4 million euros.

Arafa, founded in 1907 as a fabric retailer in the Nile Delta, says it is Egypt's oldest textile company. In the past year, Arafa has expanded into the European retail market and owns 60 percent of British Menswear Brands. ($1 = 0.7426 euros) (Reporting by Randa El Tahawy; Editing by Jonathan Wright and Erica Billingham Cairo newsroom +20 2 27583290/1)

© Thomson Reuters 2024 All rights reserved.