TLA Represents Al Yasra Fashion on the Acquisition of a major watch retailer in the UAEJune 2015
The law firm of Tribonian Law Advisors (TLA) announces that it represented Al Yasra Fashion (“Al Yasra”) on the acquisition of a significant majority stake in a major watch retailer headquartered in Dubai. The transaction also included the entry into a franchise agreement between Al Yasra and the target company with respect to Al Yasra’s On Time brand.
Founded in 1993, Al Yasra is a fashion retail leader in the Middle East, with a portfolio of over 60 high-end fashion, footwear and accessories brands such as DKNY, DonnaKaran, Kenzo and Jimmy Choo in the fashion field and On Time and Trinkets in the watch retail field.
The TLA team was led by the firm’s managing partner, Rindala Beydoun, and partner Carlo Pianese, who were assisted by associate Jihad Harfouche.