Magrabi Optical Eyewear Retailer Arrives in Turkey
International eyewear brand Magrabi Optical has opened its first store in Akmerkez, İstanbul following the successful acquisition of Şişli Optik Ticaret A.Ş ('Sisli'). The completed transaction marks Magrabi Optical's first acquisition outside the MENA region and the start of a strategic initiative to expand into select emerging markets.
Over time, the remaining 15 Sisli stores spread across 6 major cities will be rebranded to reflect the new ownership structure and store design. By the end of 2013, the additional Sisli stores will see Magrabi's retail network expand to over 200 outlets across ten countries.
The chain is well known for its selection of the world's finest prescription spectacles and sunglasses from brands including Chanel, Bvlgari, Burberry, Tom Ford, Italia Independent, Dolce & Gabbana, Tiffany and Ray-Ban, as well as exclusive brands such as Sama and Tresor.
Magrabi Optical has also embarked on its own aggressive organic expansion to high streets and shopping malls across major cities in Turkey. The chain is committed to introducing and delivering the world's top branded eyewear to Turkey's growing retail segment.
About Magrabi Optical
Magrabi Optical is one of the world's top international optical retailers, providing end-to-end eye care products and services across Turkey, the Middle East and North Africa. The chain is devoted to providing the highest quality vision correction services to customers, with a wide-ranging selection of the world's finest prescription spectacles and sunglasses from international brands, as well as its own exclusive private label collections.
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