Home BusinessBrand Revolution

Brand Revolution
ENAR

by Rana Ballout

In 2005, the Virgin Megastore found itself in the middle of a revolution. As a result of the store’s location in the heart of Martyrs Square the international brand became associated with a series of demonstrations that changed the history of Lebanon. This may be more than the brand’s founder Sir Richard Branson bargained for when he helped open its doors to the Lebanese public in July 2001. It was certainly more than Lebanese franchisee and CEO Jihad Murr expected when he awoke on February 14, 2005 to what was to become an 11-month headache. “The assassination of former prime minister Rafik Hariri and more specifically the events that followed from the closure of Martyr’s Square for demonstrations to the ensuing assassinations dealt us a heavy blow,” he admits wearily. The popular one-stop-multimedia-shop, which at that point represented up to 70% of the company’s overall sales, became a watering hole

You may also like

✅ Registration successful!
Please check your email to verify your account.