The online fashion site has recorded a 50 per cent growth in revenues within the region.
Namshi, owned by Dubai’s Emaar Malls, offers online fashion and beauty products. The platform sells more than 800 brands and has customers throughout the GCC in key markets like Saudi Arabia, the UAE, Kuwait, Oman and Bahrain.
Hadi Badri, Chairman of Namshi, commented: “Namshi’s business strategy is Saudi-first. The Kingdom is our key market, and we have a strong and improving market share and customer loyalty. The Saudi e-commerce market is attractive and local consumers are trend setters.
Namshi is committed to continue on its growth path in Saudi by offering online shopping the most in-demand global and local brands in fashion, beauty and gifts, and delivering a best-in-class customer experience.”
Given Namshi’s recent success within the market, the brand is now ready to expand into a new warehouse facility in Riyadh.
