Dubai Duty Free today revealed that sales in 2022 reached USD 1.74 billion, representing a 78 percent leap on the Covid-hit previous year. That amounts to 85.8 percent of pre-pandemic […]…
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Is Dubai the new capital of Web 3.0?
By 2030, the global market for Metaverse is expected to reach USD 1.6 trillion. This has been driven by investment by industry-leading organisations such as Meta (Facebook), Microsoft, Google, and Nvi…
Dubai Duty Free’s eight-month sales surge past USD 1 billion
Dubai Duty Free has reported a 104 percent year-on-year increase in sales for the first eight months of 2022. Turnover reached USD 1.06 billion, placing the travel retailer well on track to reach its …
balabala partners with BTC Fashion in the Middle East and opens first store in Dubai
Children’s fashion and lifestyle brand balabala announced a new partnership with Qatar-based BTC Fashion to open stores across the UAE, Qatar, Oman and Bahrain as it accelerates its global expan…
The Retail Summit (14th-15th March, 2022)
Created by retailers, for retailers under the expert guidance of industry advisors, The Retail Summit does things differently.…
Is Damac Properties taking over Roberto Cavalli?
Damac Properties has refused to comment on reports linking the company with a takeover of luxury fashion brand Roberto Cavalli.…
Yoox Net-a-Porter strikes Middle-Eastern joint venture
Yoox Net-a-Porter has struck a €130m (£110.9m) joint venture with Dubai-based tycoon Mohamed Alabbar as the online luxury retailer sets its sights on big spenders in the Middle East.…
Who will be Australia’s ‘Retail Executive Of The Year’?
The search for Australia’s most inspiring, motivating and innovative business leaders in retail has begun.…