Tag Archives | retail

Int’l Brands Reopening in Benghazi

By John Lee. The international brands Marks and Spencer, Next, Mango and Aldo are all reopening in Benghazi. Well-known Libyan businessman Husni Bey, who owns the franchises, told the Libya Herald that the return of the outlets, which had been forced to close two years ago, had become possible because of a fall in crime and […]

Libya sees Retail Boom

The Financial Times reports that an explosion of small shops and businesses in Libya has been accompanied by a jump in construction across the country, even in some of its poorest and most neglected areas — “It is fuelled by increased public sector salaries and 40 years of pent-up demand for western brands and accoutrements.” […]

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Promate Announces Deal with SmartCity

Promate Technologies has announced its newly formed partnership with SmartCity, which it describes as the First Libyan Super Retail Chain for consumer electronics. Mr. Hani Nakuaa (pictured), CEO of SmartCity Co. while expressing his enthusiasm about this partnership said, “We are rebuilding our country after the revolution, and SmartCity project comes in line with every […]

British Department Store Opens in Tripoli

British department store Debenhams has officially opened its first branch in Tripoli on Tuesday. The store in the Siyahiya end of Gergarish had had its “soft opening” two weeks ago and was reported to be already doing good business. It is owned and operated by the United Fashion Group, part of the Husny Bey [Husni Bey] […]

T-shirt Store Starts New Fashion Trend

A new T-shirt shop in Benghazi has become a talking point among the youth in the city”s popular coffee shops. Boza, meaning “stylish”, is the first of its kind in Libya according to its owners, selling T-shirts, bags, and scarves printed with slogans like “Made in Libya”, “Walk like a Libyan” or a jumble of […]

Peresso Group Sets Sights on Libya

Malta’s Michele Peresso Group is planning to open retail outlets in Libya. CEO Emanuel Peresso said the company, which owns Eurosport and Europharma among other subsidiaries, employs 135 workers, 73 per cent of whom were women. Besides its 21 retail outlets around Malta and Gozo, the company is now planning to expand overseas, investing in […]

Malaysian Fashion Retailer to Open in Tripoli

Malaysian fashion retailer Poney has franchised its operation into Libya, through its Singapore-based franchising arm. Mitchell Jiang, Manager of Poney’s Singapore unit, told Today Online: “The first impression is that there is still a lot of turmoil in Libya, but after the dust settled, there actually are a lot of businesses looking for opportunities … […]

Husni Bey to bring Monoprix to Libya

The Tunisian company Société Nouvelle Maison de la Ville de Tunis (SNMVT Monoprix), has reportedly signed a partnership agreement with Libya’s HB Group to open 30 Monoprix stores in Libya. HB Group, which is said to be the largest private holding company and largest private employer in Libya, is headed by well-known Libyan businessman Husni […]