September 19, 2008

Gap, Inc will open stores in Mexico, Egypt and Jordan

Gap Inc. is expanding internationally with new franchise agreements to open stores in Mexico, Egypt and Jordan, according to a report in San Francisco Business Times:

The new agreement brings to 21 the number of countries with approved Gap franchisees. The first franchisee was signed in January 2006, and over 100 franchised Gaps and Banana Republic stores are now open in 13 countries.

In Mexico, Gap (NYSE: GPS) will open stores within stores at a Mexican department store chain through a partnership with Distribuidora Liverpool. Gap products will become available in spring 2009.

Gap Inc. will also expand its Middle East presence with franchised Gap and Banana Republic stores in Egypt and Jordan. Fawaz Alhokair Group will open the first Gap stores in Egypt and Jordan by the end of the year, with Banana Republic stores following in 2009. Fawaz Alhokair also has franchised Gap and Banana Republic stores in Saudi Arabia.

Gap and Banana Republic franchise stores are now open in Bahrain, Greece, Indonesia, Korea, Kuwait, Oman, Qatar, Malaysia, Saudi Arabia, Singapore, Philippines, Turkey and United Arab Emirates. The company has also announced franchise agreements to open stores in Bulgaria, Croatia, Cyprus, Romania and Russia over the next five years.

Filed under Egypt, Fashion and Apparel, Jordan, Mexico by

April 5, 2007

Microsoft sues to stop gray market sales from Jordan

Microsoft has announced lawsuits in California and five other States against companies it accuses of participating in the gray market software trade. Microsoft said the companies named in the suits were importing low-cost, educational versions of its products from Jordan and other countries and reselling them at full commercial prices. The companies look at how gray market software finds its way into the United States from foreign countries was an international operation. The Jordanian government, among others, assisted with the investigation. “Companies that break Jordan’s intellectual property laws will be prosecuted,” said His Excellency Eng. Basem Rousan, Jordan’s minister of information and communications technology.

Filed under Information Technology, Jordan, Legal and Criminal Issues by

Made with an easy to customize WordPress theme • Blues skin by TechieCoach