Plesner advises Flying Tiger Copenhagen in connection with its franchise expansion into Saudi Arabia
Case News
Zebra A/S, the company behind the retail chain Flying Tiger Copenhagen and the Saudi Arabian retail fashion group Fawaz Abdulaziz Alhokair & Co. has entered into an International Franchise Agreement regarding Fawaz Abdulaziz Alhokair & Co.'s exclusive rights to develop and operate the Flying Tiger Copenhagen franchise concept in Saudi Arabia.
The Flying Tiger Copenhagen retail chain currently consists of more than 900 stores in 28 countries in Europe and Asia, and the franchise expansion into Saudi Arabia is a part of a global expansion of the Flying Tiger Copenhagen franchise concept.
Fawaz Abdulaziz Alhokair & Co., listed on the Saudi Stock Exchange, operates 95 international brands in and outside Saudi Arabia (13 different countries) and the current number of operated stores is more than 1,840. Fawaz Abdulaziz Alhokair & Co. employs more than 10,000 people.
Plesner is proud to have advised Flying Tiger Copenhagen with its franchise expansion into Saudi Arabia. Plesner's core team consisted of Jacob Ørskov Rasmussen, Kasper Nørgaard Carlsen and Michelle Nørgaard Hjorth.