Press Release — Floward, an online flowers and
gift store in the
MENA region and in the UK announced it has completed the
acquisition of Mubkhar, a perfumery brand from the GCC.
اضافة اعلان
The acquisition fits
Floward’s strategy in
maintaining and strengthening the vision of being the dominant online quick
commerce gifting platform in the MENA region, and in the UK.
Floward initially partnered with Mubkhar to sell
their fragrances on its platform years ago and the brand has since become a
top-seller across the GCC.
Floward will be
investing in expanding Mubkhar’s product breadth and points of sales and
furthering their growth, while preserving the uniqueness and exclusivity of its
offering. Mubkhar’s management will continue running Mubkhar on a day-to-day
basis.
Since its establishment in 2015, Mubkhar has grown
in popularity in the region due to their “innovation, high-quality fragrances,
and loyal customer base”, a press statement said.
It has since expanded to Saudi Arabia, Bahrain, and
Qatar, from its home base in Kuwait.
Mubkhar is a fragrance company that offers oriental
and western fragrances manufactured with high-quality specifications and is
considered as the only perfumery store in the Middle East that carries natural
essential oils that are certified and registered worldwide.
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