Luxury news in the Middle East

An overview of news, trends and research in the Luxury industry in the Middle East:

How Argon helps luxury retailers with omnichannel strategy and operations Global consultancy Argon & Co has helped clients around the world break through with successful e-commerce and omnichannel strategies in the luxury retail space.
18 September 2024
Akhom Consulting to promote El Corte Inglés among Spain and Portugal travellers Spanish luxury department store El Corte Inglés has appointed Akhom Consulting as its official representative in the Gulf Cooperation Council (GCC) countries.
30 August 2024
JLL to manage large gold and beauty shopping mall in Cairo El Batal Developments has selected JLL to provide property management services for its Rock Gold Mall, the first gold and beauty mall in Cairo’s Fifth Settlement.
29 August 2024
Trends reshaping luxury and their impact on the Middle East The realm of luxury is undergoing a seismic shift, marked by rapid changes in consumer expectations, technological innovation, and a deepening commitment to sustainability.
13 August 2024
Study: Rich people to spend $4.4 billion on luxury Dubai homes Rich people, or so-called high-net-worth-individuals (HNWI), will in the coming years spend hundreds of millions of dollars on buying new luxury homes in the United Arab Emirates, according to Knight
27 May 2024
Fatima Zara Patel (Brand Lounge) on the philosophy of luxury The Middle East’s luxury market is booming, according to research from Boston Consulting Group, offering luxury retailers ample opportunities for growth.
08 April 2024
Personal luxury fashion market to boom in Saudi and the UAE The luxury market in the Middle East – and particularly in Saudi Arabia and the UAE – is expected to grow significantly in the coming years, with more big spenders shopping for the finer things.
16 August 2023
Luxury retailers ramping up new store openings in Dubai and Saudi Despite the continued economic uncertainty, luxury retailers are set to reignite their global expansion over the coming years, with Saudi Arabia playing catch-up on fellow regional hotspot Dubai.
30 May 2022
M&A advisors help The Luxury Closet raise $14 million capital Dubai-based second-hand fashion trailblazer The Luxury Closet is set to embark on a global expansion drive – now equipped with $14 million in Series D funding.
05 July 2021
Number of ultra rich in Middle East to boom in coming years Global real estate consultancy Knight Frank has issued the latest edition of its Wealth Report, with the number of wealthy individuals in the Middle East region tipped to strongly rebound after slidi
24 March 2021
A.T. Kearney partner takes up post with Saudi Public Investment Fund
23 May 2019
Chalhoub Group launches joint venture with Duval Union Consulting Award-winning luxury retailer Chalhoub Group has forged a partnership with Belgian consultancy Duval Union Consulting.
22 January 2018

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