The GCC’s luxury sector shows strong growth, but challenges like uneven brand coverage and skilled labor shortages remain
luxury retail
Latest in luxury retail
E-commerce
India is a $60bn opportunity for GCC retailers, experts say
India’s digital revolution, with over 220 million online shoppers, provides fertile ground for GCC-based e-commerce platforms to expand their reach, experts said
luxury
Luxit: Why workers in luxury retail are looking to quit their jobs amid $12.5bn market boom
Luxury retail is booming in the GCC, but brands could face a mass exit of talent if staff are not retained to protect market growth
Dubai
Dubai luxury retailer Etoile Group opens 11 new stores in UAE, Saudi, Bahrain, Qatar
The company opened new Chanel, Tod’s, and Etro stores across the Gulf region during the first half of 2024
Al Maryah Retail Company
How experiential exclusivity is driving the success of luxury destinations
In response to changing demands, tastes and expectations, the world of luxury retail is undergoing a significant transformation in a number of ways
Dubai brands
Can sustainable luxury fashion inspire for generations to come?
With the “sustainable generation” set to become an economic powerhouse, does the luxury fashion industry need to appeal more strongly to Gen Zs by aligning with their values?
Chalhoub Group
EXCLUSIVE: Chalhoub plots Saudi expansion with new Jeddah Airport operations
Expansion is in sight for the retail giant in Saudi and USA
Brands
Inside the world of Philipp Plein: The luxury watch brand founder breaks down the key to success
Philipp Plein launched a new collection of timepieces in Dubai Mall, where he shared his views about industry players and the inspiration behind his controversial, iconic designs
Brands
The importance of home-grown brands
The Saudi fashion scene has historically been underrepresented on the global stage, but the importance of local brands can be underestimated
China
Luxury sector pins hopes on China reopening for expansion in 2023
The gradual reopening of China – which abandoned the last of the travel restrictions of its zero-Covid policy on January 8 – should help its economy expand by 5.2 per cent in 2023, according to IMF
De Grisogono
Why is the UAE so influential when it comes to global luxury retail trends?
For decades, the UAE has helped to shape luxury retail trends on the world stage
luxury brands
Dubai and Riyadh top luxury retail growth in 2023
Dubai’s focus on luxury retail key to Middle East sector growth
Chalhoub Group
Luxury metaverse retail to hit $50bn by 2030, says report
The report, which surveyed 1,600 consumers across the GCC, showed “elevated levels of awareness” when comes to crypto, non-fungible tokens (NFTs) and the metaverse
luxury
Dubai shop selling world’s most expensive socks for $1,090 a pair
Dubai Mall shop selling socks for more than a thousand dollars a pair
Balenciaga
UAE’s Bloomingdales, Level Shoes continue to sell Balenciaga despite ad campaign backlash
Balenciaga has filed a $25 million lawsuit against the producers
Balenciaga
Dubai retailer halts Balenciaga sales amid holiday campaign backlash
The company has taken down all of the brand’s products from its stores and website until further notice
doing business in dubai
UAE demand for luxury Italian leather goods surging, says Santoni
Santoni has opened its boutique in Dubai Mall’s fashion avenue. The brand was started in 1975 by the parents of current CEO, Giuseppe Santoni