January 17, 2018 / 10:24 AM / in 4 months

BRIEF-First CCC Branded Stores To Be Opened In Middle East In H1 2019

Jan 17 (Reuters) - CCC SA:

* ITS UNIT SIGNS FRANCHISE AGREEMENT WITH APPAREL FZCO, COMPANY BASED IN UNITED ARAB EMIRATES

* FRANCHISE AGREEMENT CONCERNS SALE OF CCC PRODUCTS IN 6 COUNTRIES FROM MIDDLE EAST

* UNDER AGREEMENT PARTIES AGREED TO OPEN AT LEAST 60 STORES OPERATING UNDER CCC BRAND BY 2023 IN THESE COUNTRIES

* CO’S PRODUCTS TO BE SOLD IN SAUDI ARABIA, UNITED ARAB EMIRATES, KUWAIT, OMAN, QATAR AND BAHRAIN

* EXPANSION OF CO’S SALES NETWORK AND OPENING OF FIRST SHOPS IS PLANNED IN H1 2019 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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