Dubai Design District (d3) has announced that Chalhoub Group, one of the region's biggest luxury, fashion and beauty brands, will be relocating its head office operations to d3 by taking two buildings at the site.
With a growing workforce of 11,000 employees spread across 14 countries, the Chalhoub Group operates around 600 retail stores for its own retail brands such as Wojooh, Tanagra and Level while it acts as a franchise partner for global brands including Louis Vuitton, Sephora, Fendi, Michael Kors, Lacoste and CH.
The move to d3 represents a significant commitment from Chalhoub, and supports d3's vision to create a sustainable, innovative and thriving ecosystem for the region's design industry, a statement said.
Dr Amina Al Rustamani, Group CEO of TECOM Investments, the master developer behind d3, said: "We are delighted to welcome the leading and pioneer retail Chalhoub Group to d3.
"With extensive investments in the design sector across the region, Chalhoub's presence at d3 will strengthen the community, offering inspiration for emerging talent and encouraging the creation of new business concepts in line with Dubai's growing retail opportunity.
"We are honoured to have such a fantastic array of design and fashion brands, creative talents and entrepreneurs joining d3. They are signing up to be part of a living, breathing and thriving design ecosystem, and they are actively helping to propel Dubai's global position as a hub for design, innovation and creativity."
Patrick Chalhoub, co-CEO of Chalhoub Group added: "We are excited that the Chalhoub Group will become part of the d3 story from its very beginning. We chose d3 because of its commitment to creating a truly integrated design community in Dubai, which will be home to innovative brands and creative talents.
"We are excited about playing a role in driving the emirate's ambition to be a global centre for design and innovation."
The UAE is gaining a growing reputation as a global retail hub, expected to be valued at over AED120 billion in 2014, according to the research firm Euromonitor.
The UAE already has a particular strength in the luxury segment, and is the largest fashion market in the Middle East representing 50 percent of the total market.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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