UK fashion chain said new stores in Abu Dhabi, Kuwait ‘encouraged’ jump in retail sales
Retail
Dubai malls to hike retail rents 35% in 2011
GM of Easa Saleh Al Gurg Group says retail turnaround has sent rents soaring in Dubai
Saudi Arabian retail gold demand up during hajj
Gold demand up approx 10% during hajj, high prices to deter rest of the year’s sales
UPDATE: Istithmar in $25m debt deal for US retailer Loehmann’s
Dubai World unit to provide 64 percent of the $25m to purchase new convertible preferred stock
Acquisitions and Divestitures
Debenhams attractive but pricey, says Jagtiani
Landmark has about $1bn in acquisition funds; speculation the group may buy UK-listed fashion retailer
Landmark unveils $54m expansion drive, to open 100 stores
Retail giant plans 100 store and two hotel openings across Middle East by June 2011
Landmark Group set to spend $1bn in 2011 – Jagtiani
Retail conglomerate would be comfortable buying businesses in the UK – CEO