Lulu plans to open 50 stores in UAE, Saudi, other GCC countries over next 3 years
Lulu Retail Holdings on Tuesday reported that net profit increased 7.5 per cent year-on-year in the first 9 months of 2025 to $163 million and plans to open 50 outlets over the next three years. The largest pan-GCC full-line retailer opened six new stores in Q3 2025, taking the total to 13 in the first nine months. Three more were opened in October 2025. Over the next three years, it plans to open 50 outlets split roughly equally between the UAE, Saudi Arabia and other GCC markets. The company..
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