Headwear brand New Era inks exclusive partnership with GMG to expand its presence across the MENA region

New Era selects global well-being company GMG to become its official distributor,with plans to open New Era branded stores in the coming years

SINGAPORE,March 3,2022 -- GMG—a global well-being company retailing,distributing and manufacturing a portfolio of leading international and home-grown brands across sport,food and health sectors—has been selected by international lifestyle brand New Era to become the brand's official distributor across the GCC,Iraq and Egypt.

New Era

Over the next five years,New Era will partner with GMG to expand its products into GMG's multi-brand stores,while exploring opportunities to open and operate branded New Era retail stores in the region. GMG will also connect New Era to its robust distribution network that supplies wholesale customers in its countries of operation.

As the world's leading headwear brand,New Era is well known for its long-standing exclusive on-field headwear partnership with Major League Baseball (MLB) and currently holds over 500 licenses in its portfolio. The brand's iconic caps have been immortalized in numerous music videos and movies,and are the headwear of choice of generations of sports stars,artists,actors,and celebrities.

New Era will benefit from GMG's decades of experience in the active lifestyle market. Operating over 400 stores globally,including markets such as Singapore,Malaysia,Indonesia,and Hong Kong,GMG Sport's global portfolio features both home-grown concepts and international powerhouse brands such as Nike,Columbia,Jordan,The North Face,Timberland,Vans and more.

Paul Gils,Vice President EMEA at New Era,said: "We are pleased to announce our partnership with GMG during a pivotal moment for the New Era brand. We are committed to bringing innovative products to the MENA region by accelerating our retail offering and increasing brand visibility."

Mohammad A. Baker,Deputy Chairman and CEO of GMG,noted: "We are driven by a desire to inspire and empower our community to live healthy and active lifestyles. With New Era,we have found a partner that also believes in these values. We look forward to innovating new ways to bring superior retail experiences to New Era customers,while delivering strong returns to New Era as a trusted partner for growth."

The partnership with New Era comes amidst an aggressive global expansion for GMG. Last year,the company announced that it aims to double its global workforce by 2025,backed by a new corporate strategy. GMG first entered Southeast Asia in 2020 through the purchase of multi-brand sports retailer Royal Sporting House (RSH).

To date,GMG has introduced more than 120 brands into its markets through four business verticals: GMG Sports,GMG Food,GMG Health,and GMG Consumer Goods.

For more information please contact: gmg@bcw-global.com

About GMG

GMG is a global well-being company retailing,food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today,GMG's investments span across four key verticals: GMG Sports,and GMG Consumer Goods. Under the ownership and management of the Baker family,it has become a leading global company,affiliated with the world's most successful and respected brands in the well-being sector. Working across the Middle East,North Africa,and Asia,GMG has introduced more than 120 brands into its markets.

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