L'azurde to open new shops in Egypt, expand TOUS network in KSA
L'azurde Company for Jewelry [4011.SE] is looking to add new shops to its 10 locations in Egypt given the country’s strong growth potential, the company's CEO Selim Chidiac said. The company is also evaluating its 14 shops in Saudi Arabia in an effort to improve the performance at each, with the possibility of closing or moving some to other locations. To expand its retail business, L'azurde is planning to open 22 TOUS shops in KSA, targeting to reach 68 locations.
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