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Apparel Group

Growth Score40DXBi Rank101Heat Score100

Apparel Group FZCO (holding company: APPCORP Holding)

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Founded 1996Private (Group/Conglomerate, holding company APPCORP Holding)Dubai, United Arab Emirates, Dubai1000+ employeesapparelgroup.com
Prospect profilefashion retailfranchise conglomerateUAE retailmulti-brandlifestylereal estate diversification
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Overview

Apparel Group is a Dubai-headquartered fashion and lifestyle retail conglomerate operating a franchise/brand-partnership portfolio of 85+ international brands across footwear, apparel, cosmetics, accessories and food & beverage (e.g. Tommy Hilfiger, Calvin Klein, Skechers, ALDO, Charles & Keith, Tim Hortons, Cold Stone Creamery, Birkenstock, Crocs). It runs 2,500-2,600+ retail stores across roughly 14 countries in the GCC, wider MENA, and Asia, and has recently diversified into real estate through its KORA Properties venture. The group is owned by Nilesh Ved and operates under the holding entity APPCORP Holding.
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Private (Group/Conglomerate, holding company APPCORP Holding)
Headquarters
Dubai, United Arab Emirates
Founded
1996
Company Size
1000+ employees
Founders
Selina Ved

Products & Services

6thStreet

Apparel Group's own multi-brand fashion, footwear and beauty e-commerce platform serving the GCC, led by CEO Vivek Rajukumar.

Nysaa

Beauty retail joint venture / platform founded and led by Selina Ved, in partnership with India's Nykaa, bringing Nykaa's beauty offering to the GCC.

Club Apparel / AIVI

Apparel Group's loyalty/rewards programme (nearly 4 million members), recently relaunched under the brand 'AIVI' ("One App, Infinite Experiences", 1 Point = 1 AED), spanning the group's retail brand portfolio.

KORA Properties

Newly launched real-estate development arm of AppCorp Holding (Apparel Group's parent), debuting with a residential project in Dubai Maritime City.

Franchise/licensed retail brand portfolio (85+ brands)

Apparel Group operates 2,500+ stores across 14 countries under licensed/franchised international brands including Tommy Hilfiger, Calvin Klein, Charles & Keith, Aldo, Skechers, Steve Madden, Levi's, Crocs, Birkenstock, ASICS, Tim Hortons, New Yorker, Firehouse Subs, Barbour, Dune London, Go Colors and others, spanning fashion, footwear, beauty, kids, F&B and department-store formats.

People

Technology

No technology or web presence data on file yet.

Financials

Funding rounds

Projects

PartnershipAnnounced

Carrefour franchise partnership to enter India via Apparel Group

Carrefour signed a franchise partnership with Dubai-based Apparel Group to re-enter the Indian market, initially targeting North India with nationwide expansion planned; first stores expected in 2025. Deal involved Carrefour's Patrick Lasfargues (executive director, international partnerships) and Apparel Group owner Nilesh Ved.

Sep 9, 2024

PartnershipAnnounced

Club Apparel x PRYPCO Blocks "Spend to Invest" loyalty-to-property partnership

Apparel Group's Club Apparel loyalty programme (nearly 4 million UAE members) partnered with Dubai fractional real-estate platform PRYPCO Blocks to let members convert shopping loyalty points into fractional ownership shares of Dubai property starting from AED 2,000. Announced by Sima Ganwani Ved (Founder & Chairwoman, Apparel Group) and Amira Sajwani (Chairperson, PRYPCO Blocks; Founder & CEO, PRYPCO).

Aug 13, 2025

Project LaunchAnnounced

Launch of KORA Properties - first project in Dubai Maritime City

AppCorp Holding (Apparel Group's parent) launched a new real-estate arm, KORA Properties, entering property development with its debut residential project in Dubai Maritime City (launch event Nov 12, 2025), part of a wider diversification into residential, retail, commercial, healthcare and hospitality real estate aligned with Dubai's Real Estate Sector Strategy 2033.

Oct 30, 2025

Partnership / Store LaunchCompleted

Go Colors first international store launch (Dubai)

Indian apparel brand Go Colors opened its first store outside India at Silicon Central Mall, Dubai, via a franchise partnership with Apparel Group - the group's first partnership with an Indian fashion brand in the UAE. Comments from Go Colors CEO Gautam Saraogi and Apparel Group CEO Neeraj Teckchandani.

Jun 11, 2025

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