After several years of attempting to find a suitor for the International Master Franchise for the Kingdom of Saudi Arabia Goldgenie have finally found the perfect partner in a member of the Saudi Royal Family. A Saudi Prince has signed an agreement with luxury brand Goldgenie making him the Exclusive Master Franchise holder for Saudi Arabia.
Since the Luxury customisation brand had entered the global Franchising business over 10 years ago they had decided to retain one of the most successful regions to themselves, having received well over 200 enquiries over the past decade and having several interviews and meetings, the Prince was selected as the brands franchise partner due to the uncompromising standards that are shared with the Luxury brand who’s sales banner states “Luxury gifts for the ungiftable” quite a suitable and appropriate statement for a Royal. This is a great tribute for Goldgenie brand to be advocated by such an internationally renowned family.
The investment was assessed by a team of Royal advisors who conducted their own due diligence on behalf of the Prince and once satisfied was given the green light to make the investment and to formally take Goldgenie to Saudi Arabia, the advisors believed that the brand position and its dominance in the luxury market was a good fit with the clients of the Royal family and their investment requirements.
It is no coincidence that the Prince has secured this franchise at this specific time but it may have had something to do with the exponential growth as a diverse luxury brand demonstrated by the opening of their second luxury store in the centre Dubai.
The 19 year old company will customise virtually anything with their master craftsman producing a range of luxury gifts in 24k gold, rose gold, platinum, Swarovski style crystals and even encrust goods with the world’s finest selections of Diamonds.
The “luxury gifts for the ungiftable” company have been serving A list celebrities such as Simon Cowell, the Beckhams, Denzel Washington, Dame Helen Mirren amongst a host of other well known stars in the entertainment world Goldgenie also include several blue chip companies such as Blackberry, HTC Aston Martin, Viacom, Visa to name just a few.
Laban Roomes the founder of Goldgenie has stated “We have been receiving at least 20 serious enquires per year for the Exclusive Saudi Arabia Franchise but knowing its value in revenue terms to the group we have not entertained parting with this valuable asset until now, we have finally found a partner in the Prince and we are honoured that the Royal family have chosen to represent the Goldgenie brand across their entire nation.”