Cash Converters International Ld Opening of Dubai store (4660L)
September 05 2012 - 2:00AM
UK Regulatory
TIDMCCVU
RNS Number : 4660L
Cash Converters International Ld
05 September 2012
Cash Converters International Limited
First Cash Converters Franchised Store Opens in Dubai
Cash Converters International Limited is very pleased to
announce the opening of the first Cash Converters store in Dubai
during August. The store is being opened by the Cash Converters
Licensor in the United Arab Emirates (UAE), Bartergo General
Trading LLC.
"We are going to offer an alternative for the expatriates coming
in and out of Dubai," says Fabrice Le Boulenger, UAE General
Manager and Licensor. "There are a number of websites facilitating
the trading of second hand goods available to residents in Dubai
demonstrating that there is a strong demand for buying and selling
used or unwanted items in this market. But having the physical
showroom in a highly populated area will be relatively unique
especially by leveraging off the global brand profile of Cash
Converters".
Dubai has a population of over 2 million people and the concept
of franchising is well established with a significant number of
international franchised brands across a variety of industries well
established in the territory.
Mr Le Boulenger further stated, "Having our showroom on Sheikh
Zayed Road will be the key to our success providing an immediate
branding impact that will facilitate the opening of further stores
in the region".
5 September 2012
Enquiries:
Cash Converters International Limited
Mr D.R. Groom 61 (8) 9221 9111
Charles Stanley Securities
Dugald J. Carlean / Karri Vuori 44 (0) 20 7149 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBKQDQDBKDPCK
Cash Convert (LSE:CCVU)
Historical Stock Chart
From May 2024 to Jun 2024
Cash Convert (LSE:CCVU)
Historical Stock Chart
From Jun 2023 to Jun 2024