{"id":6319,"date":"2021-11-29T10:40:37","date_gmt":"2021-11-29T10:40:37","guid":{"rendered":"https:\/\/www.gzjyws.com\/gmg-announces-strategic-expansion-into-iraq\/"},"modified":"2022-03-14T10:45:18","modified_gmt":"2022-03-14T10:45:18","slug":"gmg-announces-strategic-expansion-into-iraq","status":"publish","type":"post","link":"https:\/\/www.gzjyws.com\/zh-hans\/gmg-announces-strategic-expansion-into-iraq\/","title":{"rendered":"GMG announces strategic expansion into Iraq"},"content":{"rendered":"\n
Baghdad, Iraq\u00a0–\u00a0November\u00a029, 2021:\u00a0<\/strong>Following the recent announcement of\u00a0a new\u00a0international\u00a0expansion plan,\u00a0<\/strong>GMG<\/a>\u2014a\u00a0global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors\u2014has\u00a0confirmed\u00a0the entry of its\u00a0GMG Sports\u00a0vertical\u00a0into Iraq.\u00a0\u00a0<\/p>\n\n Sun\u00a0&\u00a0Sand Sports is the first homegrown\u00a0concept\u00a0by GMG to make its way to Iraq. It is already the\u202flargest\u202fsports\u202fretailer\u202fin the MENA region\u00a0with\u00a0a diverse portfolio of sports, fitness, and lifestyle brands all under one roof.\u00a0Some of the notable brands available\u00a0at Sun\u00a0&\u00a0Sand Sports include\u00a0Nike,\u00a0Under Armour,\u00a0Adidas, Puma, Reebok,\u00a0Converse,\u00a0Columbia, Timberland,\u00a0and\u00a0Vans.\u00a0\u00a0<\/p>\n\n Mohammad A. Baker, Deputy Chairman and CEO of GMG,\u00a0said: \u201cIraq\u00a0boasts a growing,\u00a0young population that\u00a0we believe\u00a0remains largely underserved\u00a0in the sports retail sector.\u00a0With\u00a0four decades\u00a0of experience,\u00a0today\u00a0we\u00a0are\u00a0constantly challenging\u00a0ourselves to look at where and how we can improve people\u2019s lives through active living.\u00a0We see an immense opportunity\u00a0for GMG to introduce some of the world\u2019s leading sports brands into Iraq through our successful homegrown concepts, and\u00a0to\u00a0more broadly contribute to the socio-economic development of\u00a0the country.\u201d\u00a0<\/p>\n\n Iraq\u2019s first Sun & Sand Sports store is\u00a0already\u00a0open in Baghdad\u2019s popular\u00a0Zayoona\u00a0Mall. In the next four years,\u00a0GMG Sports\u00a0aims to launch seven more stores in prominent locations in Baghdad, Irbil, and Basrah. A standalone factory outlet is also being planned for a future date.\u00a0\u00a0<\/p>\n\n \u201cIn the near future, we would like to introduce our extended portfolio of brands to the Iraqi market, focusing on\u00a0active living, nutritious food, and good health,\u201d\u00a0confirms\u00a0Baker.\u00a0\u201cWe are continuously expanding through acquiring new international brands, developing homegrown concepts,\u00a0and\u00a0entering new markets.\u00a0Our\u00a0attitude is still that of a startup.\u201d\u00a0<\/p>\n\n GMG\u00a0has introduced more than\u00a0120\u00a0brands into\u00a0its markets,\u00a0promoting healthier and more active lifestyles through\u00a0four business verticals: GMG Sports, GMG Food, GMG\u00a0Health, and GMG Consumer Goods.\u00a0These verticals come together under a purpose-centric vision for GMG to inspire people to win in ways that make the world better.\u00a0<\/p>\n\n GMG\u2019s expansion in Iraq follows\u00a0the extension of\u00a0its footprint in Saudi Arabia in early 2021\u00a0with a new headquarters and mega-warehouse, while\u00a0also\u00a0entering into\u00a0Asia in December 2020.\u00a0\u00a0<\/p>\n\n <\/p>\n\n About GMG<\/strong>\u00a0<\/p>\n\n GMG\u00a0is\u00a0a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire\u00a0people to win in ways that make the world better.\u00a0Today, GMG\u2019s\u00a0investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become\u00a0a leading global company,\u00a0affiliated with the world\u2019s most successful and respected brands\u00a0in the well-being sector.\u00a0Working across the Middle East, North Africa, and Asia, GMG has introduced more than\u00a0120\u00a0brands into its markets.\u202f\u00a0<\/p>\n\n Please visit our website\u00a0and social media channels for our latest updates:\u00a0<\/p>\n\n https:\/\/www.gzjyws.com\/<\/a><\/p>\n\n https:\/\/www.instagram.com\/gmgvoice\/<\/a><\/p>\n\n https:\/\/twitter.com\/gmgvoice<\/a><\/p>\n\n https:\/\/www.facebook.com\/GMGVoice\/<\/a><\/p>\n\n https:\/\/www.linkedin.com\/company\/gmg-group\/<\/a><\/p>\n\n