Thob Al Aseel Company Overview
Pro stress-test →Thob Al Aseel Company engages in the import, export, and wholesale and retail trade of fabrics and readymade clothes, with products including underwear, pajamas, and sleeping robes. The company operates as a major apparel retailer in Saudi Arabia through approximately 26 branches and the Al-Jedaie brand retail chain.
Strategic Profile
Pro stress-test →The company operates through Thobes and Fabrics segments, with the Thobes segment including sales of readymade clothes. In 2023, revenue reached 532.22 million SAR with earnings of 76.92 million SAR, representing strong profitability growth of 43.94%.
Competitive Landscape
Pro stress-test →Thob Al Aseel operates in Saudi Arabia's apparel retail sector competing against other regional and international fashion brands. The company's focus on traditional thobes and men's fashion gives it niche positioning, though it faces competition from both domestic retailers and imported brands in the Saudi consumer discretionary market.
Industry Context
Thob Al Aseel Company operates in Apparel Manufacturing & Retail.
Key facts
Founded: 1987 · Headquarters: Riyadh, Saudi Arabia · Revenue: $532M (2023) · Market cap: $1.34B