From the beginning, we set out to build a group driven by respect for the people behind every collection.
Founded in Armenia, the roots of the business trace back to 1965, when the Dayan family began operating a clothing store, building early expertise in fashion retail. This early foundation shaped the values and retail discipline that continue to guide the Group.
Today, the group manages and represents a portfolio of 29 fashion brands across retail and digital channels. With a team of over 350 professionals and a strong retail presence, we operate at scale, at the same time remaining closely involved in every stage of the process, from concept to in-store experience.
Many of our colleagues have grown with the company over the years, which has resulted in standards being learned, maintained and transferred over time.
Okaïdi, Celio and Promod each open their second stores

Etam and Parfois expand in Armenia with additional stores
We opened an italian specialized coffee shop
Also the remarkable step was the positioning in the mass market with DeFacto brand stores
The next milestone was the Group's entry in the mass market with DeFacto brand stores**
More is Coming