Dubai Chambers highlighted the success and growth of the retail sector in the city
Dubai retailers
Latest in Dubai retailers
B2B
Is this new secret to success helping entrepreneurs reach record profit margins: The B2B2C model
Tradeling, a hyper-growing e-marketplace focused on B2B transactions in the MENA region, has recorded exceptional revenue growth of more than 35 percent month-on-month, with a product selection reaching close to one million
Adel Sajan
Dubai jewellery giant Malabar says to invest $100m in Bangladesh foray
Malabar Gold and Diamonds is searching for location to set up manufacturing facility which will be followed by retail move
beauty brands
How The Body Shop is driving social and environmental change
Global beauty brand recently launched the Activist Workshop concept store in Dubai’s Mall of the Emirates, in the latest step on its sustainability agenda
Dubai retailers
Dubai retailer KOJ acquires Body Shop business in the UAE
Kamal Osman Jamjoom Group announces acquisition of The Body Shop Stores (UAE)
Alain Bejjani
Video: Retail recovery faster than expected, says Majid Al Futtaim CEO
Alain Bejjani, chief executive officer at Majid Al Futtaim Holding, discusses where he’s seeing green shoots of recovery for the business, the possibility of a digital transformation for the company and the company’s programs to help retail tenants through the pandemic.
Dubai Festival City Mall
In pictures: Dubai Festival City Mall reopens its doors with reduced hours
Visitors to the malls must adhere to the UAE’s health and safety rules while in the malls, including the requirement that masks are worn at all times, hands are sanitised on arrival to the mall, and a physical distance of two metres is maintained from others at all time.
Dubai
WDC CEO Khamid Ismatullaev targets global expansion
Ismatullaev is looking to grow the business in South America, the Far East and Europe in the next ten years
consumer complaint
Dubai sees 19% rise in consumer complaints in H1
Dubai Economy figures show it resolved 17,768 consumer complaints in first six months of 2019, a rise of nearly 3,000 compared to year-earlier period
Al-Futtaim
Major retailers hail impact of Dubai Summer Surprises festival
Dubai’s key retail partners commend success of Dubai Summer Surprises in attracting more visitors, greater spend
Dubai Marina Mall
Emaar Malls sees net profit rise on growing visitor footfall
Dubai retail giant posts 3% rise in H1 net profit to $308m as assets record total footfall of 68 million visitors
Dubai retailers
Dubai e-commerce platform Sprii raises $8.5m for further growth
Dubai-based Sprii is an online marketplace which connects mums to their favourite global brands
Dubai
Up to 75% discounts promised at Dubai Summer Surprises
Shopping festival set to involve more than 300 brands participating in over 3,500 outlets in Dubai
Background
Marka to hold assembly to decide on potential liquidation
Earlier this month, 90 percent of shareholders in attendance at a general assembly in Dubai voted to file for bankruptcy following a failure to turn the company’s finances around.
Bankruptcy
Marka liquidation vote invalid, shareholders to meet again
Remaining 10% of shareholders in DFM-listed retailer will vote again on either the continuity of the company or its liquidation
Bankruptcy
Majority of Marka shareholders vote to wind it down
Dubai listed firm saw losses widen by 21.8% in the first quarter of 2019
Alain Bejjani
Majid Al Futtaim IPO ‘not on the table’, despite strong sukuk demand, says CEO
The Dubai-based ratailer’s green sukuk was a first for the region and was six times oversubscribed