Brands will need to sharpen personalisation to remain attractive to the Middle East’s “increasingly assertive” shoppers, says the Dubai-based luxury group’s president in this State of Fashion 2023 interview.
Doha has attracted major fashion retail investment ahead of this month’s FIFA World Cup but the Qatari capital’s ability to attract overseas shoppers long-term remains uncertain.
Designers in the region struggle to navigate a fragmented market of competing fashion week events with ambiguous agendas and mixed results.
With the most important sales period of the year wiped out across the Middle East, luxury brands could be hit hard in key markets like the UAE, Kuwait and Saudi Arabia due to mall closures and lockdown.
The luxury destination's retail expansion is expected to fill more than three Mall of Americas — increasing the city's shopping space by about 40 percent — despite failing regional outlets.
Last week’s Arab Fashion Week Riyadh focused the world’s attention on Saudi Arabian design and the country’s push for women’s rights, but who are the real power brokers in this fashion market worth $15 billion?
The fashion ‘unicorn’ has entered into a joint venture with Chalhoub Group ahead of a $5 billion IPO that is set for September 2018, according to sources close to the deal.
On the eve of Ramadan, London outposts of Middle Eastern boutiques are preparing for an influx of shoppers from the region during next month's Eid holiday.
With a new fashion council, a revamped fashion week and a growing reputation as a launch pad for big brand events, Dubai is evolving into a fully-fledged fashion capital for the Middle East and North African market.
To accompany the launch of the BoF 500, Robb Young examines how an omnipotent cartel of deep-pocketed families have managed to anchor themselves in the lucrative fashion markets of the Gulf States.
Five years after the global financial crisis hit Dubai, the United Arab Emirates is poised to become a super-regional powerhouse, with compelling opportunities for luxury retailers, argues Mortimer Singer of Marvin Traub Associates.
Five years after the global financial crisis hit Dubai, the United Arab Emirates is poised to become a super-regional powerhouse, with compelling opportunities for luxury retailers, argues Mortimer Singer of Marvin Traub Associates.
His co-leadership of the largest Middle Eastern luxury distribution group, has seen him handle clients like Louis Vuitton and Dior.
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March. Financial terms of the deal were not disclosed.
French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6.
The world’s second-largest economy has struggled to mount a strong and sustainable a post-pandemic bounce, burdened by a protracted property downturn, mounting local government debts and weak private-sector spending.
The Birkin bag maker’s sales are set to hit the “symbolic” €20 billion ($21.3 billion) level by 2027 or before, according to an Apr. 12 note by Thomas Chauvet.
20-year-old Duke University guard McCain will be the nail care brand’s first-ever athlete ambassador.
