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SHARE Saudi Arabia’s listed retailer Fawaz Abdulaziz Alhokair Group signed two separate franchise agreements with the US and Danish companies to expand its retail portfolio. The deals are with Danish retailer Flying Tiger Copenhagen and US-based yoga and athleisure brand Alo Yoga, the company said in a statement to the Tadawul stock exchange, where its shares trade. Flying Tiger Copenhagen is a variety store retailer known for selling a range of products including toys, accessories, stationery and gadgets, while Los Angles-based Alo Yoga sells exercise and yoga-related clothes. “As the largest retail market in the Middle East, Saudi Arabia is a gateway to the region and an enthusiastic adopter of innovative trends and products,” Marwan Moukarzel, chief executive of Fawaz Abdulaziz Alhokair said on Monday.

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