GMG to ramp up growth in Southeast Asia by opening 100 stores by 2025

GMG to ramp up growth in Southeast Asia by opening 100 stores by 2025

UAE: GMG, a global well-being company retailing, distributing, and manufacturing a portfolio of leading international and homegrown brands across sport, food, and health sectors, today unveiled its aggressive growth plans in Southeast Asia. GMG, UAE’s homegrown conglomerate with a rich 45-years legacy, aims to open 100 new stores by 2025 to support its ambitious Southeast Asia expansion plans. The company has opened 31 stores across Malaysia, Singapore, and Indonesia since entering the SEA market in 2020.

In a defining move in December 2020, GMG acquired RSH, one of the largest multi-brand sports retailers in Southeast Asia, establishing its footprint in key international markets with a potential customer base of up to 700 million people.

Mohammad A. Baker, Deputy Chairman and CEO, GMG, said: “We started a new chapter of expansion by establishing GMG on the global marketplace a couple of years ago. We have taken a step forward to establish our new Asian headquarters in Malaysia, enabling GMG to capitalize on the burgeoning sports retail industry in Asia. We have designed an aggressive roadmap for our brands in this region, and this move will also allow us to serve our Southeast Asian customers better, closer to home,” added Baker.

GMG’s sprawling 28,000 sq.