About Nilesh Ved
With over 1750+ stores and more than 75 international brands to boast about and racing to 2000 stores by the end of 2020, the Apparel Group, under the patriarch of the Mr.Nilesh Ved, had a rather modest start. Commencing its operation with just one brand in 1999, Mr. Nilesh Ved was just rearing to gather momentum in the Retail industry. Setting a strong foothold in the Gulf, the Apparel Group has crossed the regional boundaries and embarked in the Global market.
In 1999, Mr. Nilesh Ved, now one of the leading Fashion Retailers in this part of the world, initiated his successful journey with 3 stores of Ninewest a U.S. brand with its first exclusive store in Lamcy Plaza. The success brought by the launch of a few stores allowed a clear understanding of the retail market apparent in the Gulf, thus allowing Mr. Ved to concentrate on his business strategy of further introducing new labels and expanding his reach to the consumer. Mr.Ved belongs to a family of successful entrepreneurs and businessmen. His family runs the largest gold bullion trading in Dubai since 1904. He graduated with a Bachelor of Science in Business Administration from the prestigious Boston University.
Since his early days, Mr. Ved was highly influenced by the North American retail environment and had a dream to bring in trendy fashion brands of the West to the Middle East, which seemed to be a promising market for retail.
He is known for his pace of work and high leadership skills with which he drives everyone towards the organizational goals.
Our Chairman Nilesh Ved shares his insight with CNN regarding Dubai’s reopening and bringing back normality.
About Sima Ved
“When you think about female empowerment; you have a vague figure of someone in your head, but then you meet Sima and you go like, oh wait a minute; that’s female empowerment, that’s what it looks like!”, said Eva Longoria in a speech given at the Global Gift Gala in Dubai, summarizing the power house that Sima Ganwani Ved is.
Sima began her entrepreneurial journey at the age of 23, when she started her first retail store. When her husband joined her, together they took the company to new heights, countries and ventures. Today she is the founder and vice chairperson of the Apparel Group which comprises of 75+ international brands and over 1750 stores across 14 countries.
Even as Sima continues to be a formidable presence in the boardroom, she has pursued her many passions with zest. Be it carving a career for herself as a journalist, or pursuing her love for acting with local theatre groups, and taking this further to host her own lifestyle TV chat show.
‘Hi Tea with Sima Ved’ saw her interview celebrities like His Highness Sheikh Nahyan Bin Mubarak Al Nahyan, Bollywood actor Boman Irani and Sufi music legend, Raahat Fateh Ali Khan.
Looking at role models like Michelle Obama, Oprah Winfrey and Malala Yousafzai, Sima endeavors to spend her time focusing on becoming a prime example of inspirational female power. An ardent believer in giving back, Sima has sat on the board of Children’s Hope Foundation (CHF) as well as many other charity initiatives & endeavors, helping children from underprivileged backgrounds, while also creating awareness and advocating women’s empowerment.
Sima’s work & family are the two things closest to her. Any time away from work is spent with family – with her husband Nilesh, daughters Selina & Sarisha and son Nayaan. Her ‘can’ and ‘will do’ attitude to life has resulted in many awards, professionally and personally which grace her office.
Founder and Vice Chairperson