The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The holding company with assets of about $33 billion appointed Sheikha Dana Nasser Sabah Al Ahmad as its new chief executive, replacing Faisal Al Ayyar, who will step down after more than 30 years with the company.
Kuwait Projects, also known as Kipco, has a number of retail projects in its portfolio, primarily managed by its United Real Estate Co subsidiary, which owns the Abdali Mall in Amman, Jordan and the Salalah Gardens Mall in Salalah, Oman, and Marina Mall in Kuwait.
Sheikha Dana will take over as the firm’s new CEO on Jan. 1.
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Kuwait’s Alshaya Retains Regional Debenhams Rights
Kuwaiti retail giant, Alshaya Group, has struck a deal with Boohoo Group to retain its regional rights to the Debenhams brand, which Boohoo bought out in January.
This week’s round-up of global markets fashion business news also features Burberry’s trademark dispute in China, pan-African e-tailer Jumia and South Korea’s investigation into Coupang.
The growing popularity of ‘T-beauty’ brands across Asia has made their home country an increasingly important market for global players.
Local streetwear brands, festivals and stores selling major global labels remain relatively small but the country’s community of hypebeasts and sneakerheads is growing fast.
This week’s round-up of global markets fashion business news also features Senegalese investors, an Indian menswear giant and workers’ rights in Myanmar.