Mogadishu, Somalia – In a significant move to boost local investment, Prime Minister Hamsa Abdi Barre has officially opened the LC WAIKIKI international clothing store in Mogadishu. This event marks a notable encouragement for Somali entrepreneurs to invest within their nation, signalling a growing business sector that contributes to the stability of the capital.
During the opening ceremony, Prime Minister Barre cut the ceremonial ribbon and took the opportunity to shop at the new establishment. He commended the efforts of the Somali businessmen responsible for bringing this venture to life, highlighting it as a testament to the return of international business interests to Somalia.
LC WAIKIKI, a prominent global brand established in 1988 and operating in Turkey since 1997, is renowned for its philosophy that “Everyone deserves to dress well” and its commitment to “accessible fashion.” With a history spanning over three decades, LC WAIKIKI has seen substantial growth both in Turkey and on the international stage. Today, the brand boasts a workforce of over 50,000 employees and operates in excess of 1250 stores across 55 countries.
The Prime Minister’s presence at the LC WAIKIKI store opening not only underscores the importance of business development in Mogadishu but also reflects the potential for future international partnerships and economic growth in Somalia.