The United Arab Emirates (UAE) is one of the most sophisticated retail markets within the GCC region and second most highly penetrated global market after the UK. SPRET has contributed to the growth in the retail sector in the UAE. Along the way, SPRET has been nominated by Retail ME as the ?Most Admired Rising Star of The Year? for the third time in a row on 3rd November 2014.
Subsequently, during the annual RECon event organized by MECSC in October 2014, Spret?s Managing Director Furqan Athar won the Retail Professional of the Year award for his outstanding achievement in the sector.
T: +9714 3990422
F: +9714 3990421
Suite 402, Pinnacle Building,
Sheikh Zayed Rd.
P.O. Box 283850
Al Barsha 1, Dubai, U.A.E
Spret Retail ME
We focus on niche retail concepts; retailing emerging brands in categories such as beauty, fashion and eyewear.
Established in 2004 in Dubai, SPRET Retail currently operates 35 locations across the MENA. Our business demonstrates consistent growth supported by strong financial results, yielding on average over 15% profit and over 100% Return On Investment.
We secure locations in leading shopping malls, hire specialized store management and train employees to reach unprecedented customer service levels. SPRET Retail offers expertise in Franchise operations and competitive business proposition for SME businesses.
vision & values
- Organic growth
- Team building
- Inspiration from within
- Customer focused and goal oriented
- Be the best at what we do
- Dream global but think local
Over the past 20 years, Furqan Athar has been instrumental in the financial and administrative strategic planning and management of some of the most successful shopping centers and mixed-use developments in the Middle East and Asia.
In 2004 he launched SPRET Trading before becoming a partner in McARTHUR + COMPANY in 2011. Furqan has extensive experience in all aspects of the shopping center industry, specially focusing on creative retail management and value creation. Furqan is well known through the region as an expert in shopping center investment, planning and retail operations.
Over the past fourteen years by virtue of performing differing roles, Farhan has developed significant commercial acumen & skills in key business areas such as sales, profitability, working capital management, new business development, key account management, brand development, supply chain management, team building and media buying among others.
Starting his career at Procter & Gamble, he worked for 5 years in several sales related positions. He left P&G to build his own Company, which became the exclusive Brand Partners in Pakistan for Energizer Holdings Inc and Jarden plc. After 8 years of successfully running his own Company, Farhan took up the challenge of joining SPRET as its General Manager. Over the past two years he has been leading the operations and the continued expansion of SPRET.
Key Figures & Strengths:
- Operating across GCC in 5 countries
- Equally proficient in operating via retail ownership or franchise models
- Business growth of over 30% year on year
- Return on equity of over 100%
- Organic growth across new markets, new locations and new brands
- Over 200 employees from diverse backgrounds and nationalities
- Long term regional distribution rights and master franchisee for brands
- Owners of indigenously developed Brands
Product innovation has been essential in the competitive specialty retail sector- an area where SPRET?s expertise is widely appreciated. Our creative team works closely together to provide support for all parts of the product development chain ? from brainstorming product concepts and converting ideas to prototypes, to refining trial products and producing samples for market testing. SPRET has developed items that range from skin care products to fashion accessories. SPRET strives to deliver niche products to meet the specific needs of customers; the products developed include Arabee and Nisa.
SPRET?s expertise in franchise operations and retail overlays the success of its skin care brands. Today, SPRET is a leading retail operator that is expanding its cosmetics category from kiosks into retail stores within the GCC. SPRET develops regional exposure through:
SPRET Retail has a leading position in innovative fashion that range from sunglasses to clothing within a constantly dynamic environment. Our brands are displayed in custom designed kiosks, offering a wide range of clothing and accessories. SPRET has progressed in the fashion segment through our retail brands:
- Low initial investment
- Low Royalty fee
- High gross profit margins
- In-depth training and support
- Custom kiosks/displays
SPRET offers a wide range of products from its portfolio of brands. Since this range is extensive, we invite you to write or call us to discuss the specific product(s) you are interested in. We cater to traders, wholesalers, mass-market retailers and distributors that are interested in selling our products across the MENA region on either an exclusive or non-exclusive basis.
- High gross profit margins
- Sharing of risks
- Sharing of management expertise
- Sharing of success models
- Infrastructure support
- Training program for sales staff
- Merchandising and fit out assistance
OROGOLD Cosmetics is a global luxury skin care brand offering a range of anti-aging products for more youthful and beautiful skin. We use the highest quality ingredients in our product formulas including 24 karat gold, diamond dust and pearl powder.
OROGOLD delivers a sumptuous lifestyle experience that allows one to capture the essence of pampered and well taken care of skin. All of our collections are designed to nourish and nurture a wide range of skin types and conditions.
NISA features a unique range of high quality holistic skin and nail care products.
The line was carefully developed in order to provide rapid solutions to dull skin and nails. NISA aspires to help women achieve their glow from within and bring a moment of relaxation through a spa-like experience in the comfort of home.
NYS Collection offers the latest in today?s eyewear without the high price tag typically associated with premium sunglasses. Founded in at the World Trade Center in New York City. Today, NYS Collection sunglasses are sold in more than 10,000 retail locations worldwide. In the last decade, the company has established itself as the leading eyewear provider for the specialty retail industry.
Fashionable, functional and affordable. NYS Collection eyewear is made to exacting standards and our polarized glasses reduce glare better than most brands on the market today. Our glasses meet or exceed the industry standards in filtering out the amount of ultraviolet (UV) rays and HEV rays that may pass through sunglass lenses. In fact, NYS Collection sunglasses are designed to filter out close to 100% of damaging and vision-distorting components of sunlight for optimum clarity and safety. In addition, our sunglasses utilize optically correct lenses, which minimize the impact of harsh glare while reducing or eliminating the eyestrain associated with it.
Kariza is a renowned international apparel brand which focuses on multi-wear wraps & dresses.
The concept is recognized in over 30 countries and the collections are sold in major specialty beach boutiques, such as Swim and Sport, Victoria?s Secret, Mandalay Bay, W hotel, Norwegian Cruise lines as well as in over 5000 shops worldwide. With a growing specialty retail concept, Kariza designs expanded to over 300 retail units over the past 6 years.
- 2004Launch of SPRET
Launch of Nisa cosmetics
- 2005Locations opened
in leading UAE malls
- 2007Launched in UAE
- 2009Brand launched in UAE
- 2012Master Franchising
- 2013Stores opened in UAE
- 2014Skincare Collection
- 2014Expansion into KSA,
Qatar & Malaysia
- 2015International Expansion
Vision & Values
Information Collection & Use
SPRET Trading (“SPRET”) is responsible for the processing of any personal information you provide to this Web site and we are notified where required in each country under the relevant data protection legislation of that country.
We take our responsibilities regarding the protection of personal information very seriously. This policy explains how we use personal information that we may obtain about you.
Why do we need your personal information?
We collect information from you when you fill out a form or enter information on our site. We will use this information in the following ways:
- To administer any contest or other promotional offer you may enter and notify winners;
- To answer any queries which you may send to us by email;
- For direct marketing purposes, as set out in detail below.
To whom do we disclose your personal information?
SPRET does not sell, or trade your personal information to third parties.
We may give information about you as follows:
- SPRET may provide its third party service providers and processors with access to your personal information such as internet service providers who administer our web page and provide internet services and host our facilities.
- SPRET only shares your personal information to the extent required for the performance of such services. SPRET has implemented safeguards to ensure that our service providers treat personal information in a way that is consistent with the terms of this Privacy Statement.
- SPRET may also disclose your personal information as permitted or required by law. For example, SPRET will disclose personal information to those governmental bodies who have authority to obtain it, in order to comply with a warrant or subpoena issued by a court of competent jurisdiction, and to comply with record production requirements.
By choosing to provide SPRET with your personal information you are consenting to its use in accordance with the principles outlined in this Privacy Statement and as outlined at the time you are asked to provide any personal information. SPRET may contact you by email in order to provide you with updates pertaining to its services as well as information its retail brand or events that SPRET believes may be of interest to you. You can choose to unsubscribe to these updates or from having your personal information used for market research purposes.
Withdrawing your Consent
All Email newsletters SPRET sends to you will provide you with a way to withdraw your consent. If you no longer wish to receive promotional materials you may opt-out of receiving these communications by clicking the unsubscribe button, this will remove you from SPRET mail lists. You will always be notified when their information is being collected by any outside parties. We do this so you can make an informed choice as to whether they should proceed with services that require an outside party, or not. Please note that if you do not consent to SPRET’s use and disclosure of your personal information, this may affect our ability to provide you with particular products and services.
We will take appropriate steps to protect the personal information you share with us. We have implemented technology and security features to safeguard the privacy of your personal information.
We may aggregate personal information and remove any identifying elements in order to analyze patterns and improve our marketing and promotional efforts, to analyze website use, to improve our content and product offerings, and to customize our site’s content, layout and services. We gather certain usage information like the number and frequency of visitors to this site. This information may include which URL you just came from, which URL you next go to, what browser you are using, and your IP address. We only use such data in the aggregate. This collective data helps us to determine how much our customers use parts of the site, and do internal research on our users’ demographics, interests, and behavior to better understand and serve you.
Our web site may contain links to other web sites. Please be aware that we are not responsible for the privacy practices of web sites not operated by us. We encourage you to read the privacy statements of each and every web site that collects personally identifiable information. This privacy statement applies solely to information collected by our web site.
Correction/ updating of personal information
If you’re personally identifiable information changes, or if you no longer desire our service, we will provide a way to correct, update or remove your personal information provided to us.
Access to your personal information
You have the right to see personal information we keep about you. We will endeavor to provide the information you require within a reasonable time. If you are concerned that any of the information we hold on you is incorrect please contact us.
Notification of changes
If we decide to change our Privacy Statement, we will post those changes on our web site so you are always aware of what information we collect, how we use it, and under circumstances, if any, we disclose it. If at any point we decide to use personally identifiable information in a manner different from that stated at the time it was collected, we will notify you by way of an email. You will have a choice as to whether or not we use your information in this different manner. We will use information in accordance with the Privacy Statement under which the information was collected.
If you experience any technical problems during your interaction with this web site, please contact us.
This Statement of Rights and Responsibilities (“Statement,” “Terms,” or “SRR”) derives from the SPRET Retail Principles, and is our terms of service that governs our relationship with users. By visiting or accessing the SPRET Retail website, you agree to this Statement, which will be updated from time to time in accordance with the section below.
Visiting or accessing the SPRET Retail website both within the UAE and internationally is provided by the SPRET Retail on the following terms:
By using the SPRET Retail website the user agrees to be bound by these terms, which takes effect immediately on the user’s first visit to the SPRET Retail website.
SPRET Retail advises the user to check the terms regularly since it will be subject to change. The user’s continued use of the SPRET Retail website will be deemed as approved of the updated or amended terms. If the user does not agree to the changes they should cease using this website. If there is any conflict between these terms and specific local terms appearing elsewhere on the SPRET Retail website then the latter shall prevail.
USE OF SPRET RETAIL WEBSITE
The user agrees to use the SPRET Retail website only for lawful purposes, and in a way that does not infringe the rights of, restrict or inhibit anyone else’s use and enjoyment of the SPRET Retail website. Prohibited behavior includes harassing or causing distress or inconvenience to any person, transmitting obscene or offensive content or disrupting the normal flow of dialogue within the SPRET Retail website.
All copyright, trademarks, design rights, patents and other intellectual property rights (registered and unregistered) in and on the SPRET Retail web site and all content (including all applications) located on the site shall remain vested in SPRET Retail or its licensors.
The user may not copy, reproduce, republish, disassemble, de-compile, reverse engineer, download, post, broadcast, transmit, make available to the public, or use SPRET Retail website content in any way except for your own personal, non-commercial use.
The user also agrees not to adapt, alter or create a derivative work from the SPRET Retail web site content except for your own personal, non-commercial use. Any other use of the SPRET Retail website content requires the prior written permission from SPRET Retail.
The names, images and logos identifying the SPRET Retail or third parties and their products and services are subject to copyright, design rights and trademarks of SPRET Retail and/or third parties. Nothing contained in these terms shall be construed as conferring any license or right to use any trademark, design right or copyright of SPRET Retail, or any other third party.
DISCLAIMERS AND LIMITATION OF LIABILITY
SPRET Retail website content, including the information, names, images, pictures, logos and icons regarding or relating to SPRET Retail, its products and services (or to third party products and services), is provided “AS IS” and on an “AS AVAILABLE” basis. To the extent permitted by UAE law, the SPRET Retail excludes all representations and warranties (whether express or implied by law), including the implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security and accuracy.
SPRET Retail does not guarantee the timeliness, completeness or performance of the website or any of the content. SPRET Retail tries to ensure that all content provided is accurate at the time of publication; no responsibility is accepted by or on behalf of SPRET Retail for any errors, omissions or inaccurate content on the website.
Nothing in these terms limits or excludes SPRET Retail’s liability for death or personal injury caused by its proven negligence. Subject to the previous sentence, SPRET Retail shall not be liable for any of the following losses or damage (whether such damage or losses were foreseen, foreseeable, known or otherwise): (a) loss of data; (b) loss of revenue or anticipated profits; (c) loss of business; (d) loss of opportunity; (e) loss of goodwill or injury to reputation; (f) losses suffered by third parties; or (g) any indirect, consequential, special or exemplary damages arising from the use of SPRET Retail website regardless of the form of action.
SPRET Retail does not warrant functions available on the SPRET Retail website will be uninterrupted or error free, or defects will be corrected, or the server that makes it available are free of viruses. SPRET Retail acknowledges that it is the user’s responsibility to implement sufficient procedures and virus checks (including anti-virus and other security checks) to satisfy the user’s particular requirements for the accuracy of data input and output.
The failure or delay of SPRET Retail to exercise or enforce any right in these terms does not waive SPRET Retail’s right to enforce that right. These terms shall be governed by and interpreted in accordance with the laws of the UAE which shall have exclusive jurisdiction over any disputes.
Arabee Eyewear – where heritage combines craft with a sprinkling of the world’s greatest designs embodied in rims of elegance that surround the eyes to reveal a whole new world of fashion trends. From Ovals to Gradients, Cat eye to Wayfarers, Aviators to Butterflies with bling, or for the subtle yet stylish minimalist, we have one for all.
Our designer in-vogue eyewear, dazzles when adorn. Crafted with intimate care and detail, every pair of Arabee sunglasses makes a style statement and bears the hallmark of ultimate quality. Basking in lavish splendor our sunglasses are studded with gems, precious metals and Swarovski Crystals all forming stylish patterns and motifs on the arms or around the rims; wherever they gleam to perfection. Once worn, any angle of an Arabee Eyewear is bound to make heads turn.
Frames, colors and tints that breathe eloquence, the Arabee Eyewear range is crafted with passion oozing a flow of Arabian elegance. Ensuring that when you adorn an Arabee, man or woman, you are ready to take on the world of high fashion and you will leave your very own mark.