Retail Archives | Gulf Business

Apparel Group expands presence in Kuwait with 12 new store openings

Divsha Bhat — Tue, 02 May 2023 07:27:08 +0000

The line-up of stores feature brands such as Birkenstock, Beverly Hills Polo Club, Dune London, Levi’s, The Children's Place, Steve Madden, among others

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Emirati brand Carter & White raises Dhs40m in Series A funding

Divsha Bhat — Mon, 01 May 2023 05:29:15 +0000

The funding will be invested to attract a new segment in regional retail markets including UAE, Saudi Arabia, other GCC countries and eventually Europe

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Total e-commerce market value in MENA region to surpass $57bn by 2026

Neesha Salian — Wed, 29 Mar 2023 07:55:37 +0000

The MENA region’s total e-commerce market size reached $37bn in 2022, with a double-digit growth rate from 2021

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Revealed: Here’s what consumers in the UAE spent their money on in 2022

Neesha Salian — Fri, 17 Mar 2023 10:02:44 +0000

Majid Al Futtaim's latest 'State of the UAE Retail Economy’ Q4 report, revealed that e-commerce sales continued their strong upward trajectory, more than doubling to $6bn in 2022 from $2.6bn in 2019

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Global, regional retail giants converge on Dubai for The Retail Summit

Neesha Salian — Tue, 14 Mar 2023 05:09:33 +0000

The summit supports international brands looking to either establish an in-market presence or sell via cross-border ecommerce to the UAE

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UAE’s GMG opens new office in District 5, Cairo

Neesha Salian — Mon, 13 Mar 2023 02:00:07 +0000

By 2025, GMG aims to double its global workforce through acquisitions, developing fresh concepts and entering new geographies

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Interview: Harrods MD Michael Ward on luxe retail trends

Neesha Salian — Tue, 07 Mar 2023 05:00:05 +0000

The managing director of the UK-based luxury department store shares how the store is adapting to changing consumer expectations, the Luxury for Life initiative and Harrods Hive

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Majid Al Futtaim reports 12% rise in revenue in 2022, visitors to malls rise by 16%

Neesha Salian — Mon, 06 Mar 2023 10:07:20 +0000

Majid Al Futtaim – Retail’s online sales continued their growth trajectory reporting revenue increase from digital sales by 51 per cent year-over-year

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Here’s how companies can adapt to changes in the retail sector

Neesha Salian — Tue, 28 Feb 2023 10:49:00 +0000

By monitoring the signals of shifts in consumer spending closely, retailers can effectively plan their supply chain operations and avoid overstocked shelves

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Dubai’s Emaar sees 80% net profit rise to Dhs6.8bn, supported by record property sales

Neesha Salian — Wed, 15 Feb 2023 09:45:49 +0000

Emaar's group property sales in 2022 reached $9.5bn, primarily driven by new project launches

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