UAE Business: GMG restructures divisions and plans to double workforce – Gulf Digital News

  • Date: 25-Oct-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:UAE
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UAE Business: GMG restructures divisions and plans to double workforce – Gulf Digital News








UAE-based GMG, a global well-being company, aims to double its global workforce by 2025 as it embarks on a new corporate strategy at a time when the global wellness market is estimated at more than $1.5 trillion.





 





The strategy includes a restructuring of its existing business units and the unveiling of a new brand identity, reiterating its objective to promote healthier and more active lifestyles through its products and services, even as it pursues opportunities under four business verticals, capitalising on the growing well-being market. 





 





Having expanded into Asia at the end of 2020, GMG, which is into retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors, has already introduced 120 plus brands into its markets, with future ventures aimed at improving people’s lives by promoting active living, nutritious food, and good health.





 





Mohammad A Baker, Deputy Chairman and CEO of GMG, has confirmed that its future investments will be focused on improving people’s lives through active living, nutritious food, and good health. The company will reflect these investments in four business verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. 





 





“We recognise that communities and governments around the world are striving to