With increased consolidation and tepid growth only a few players will survive, says Manuel Emch, CEO of Romain Jerome.
The mall will be part of a new retail and tourism complex that also includes a park bigger than London’s Hyde park.
A new breed of mannequin uses facial recognition software to gather customer data while you shop.
Burger King, the fast food franchise, plans to open its first restaurant in South Africa early next year.
The chain is planning to spend $40 million a year, targeting the Gulf’s population growth.
Not surprisingly, Dubai Mall, which welcomed 54 million visitors last year, makes it to the list.
Bally opens new store in Dubai; third in the last one year.
Gulf Business asked Sophia Serin, Senior Editor at Emirates Woman Group, to round up the region’s most popular fashion brands.
The giant British retailer is opening a new store in Jordan before the end of the year.
Retail must accommodate middle-class tourists’ needs as their numbers rise, say experts.
Residents in Qatar spend up to $5,000 per month on luxury goods, says new report.
Sample Central allows members to take products home for free in return for sharing their opinions.
The dairy company raised SAR1 billion through the first tranche of a Sukuk in March this year.
CEO Francesco Pesci speaks to Gulf Business about the brand’s expansion in the Middle East, its PPR takeover and James Bond.
New alliance will see regional website’s reviews published on global giant’s website.
Mall of the Emirates earns $1,423 per square foot every year, says new research.
The dairy producer’s third quarter revenue rose 27 per cent to SAR2.7 billion.
The airport retailer saw sales increase 10 per cent year-on-year during the first nine months of 2012.
The publisher of the glossy will open the café in Dubai Mall later this year.
The London-based investment fund has backed online fashion site Namshi just one year after it launched.
The UAE-based shopping mall operator hopes to start construction on the project by the end of 2012.
The UAE-based shopping mall developer made a gross revenue of Dhs10.7 billion for the first half of the year.
Majid Al Futtaim-owened malls have seen a 15 per cent rise in footfall for the first half of the year.
The MENA region ranks fifth most popular destination for international expansion, with UAE most popular country.
Ernst & Young survey shows shoppers in the region are more loyal to their preferred brands than shoppers in the UK or US.
Returning consumer confidence is a driving factor for the UAE luxury sector.
The Qatari-owned investment company increases its luxury goods portfolio with British fashion brand.
The biggest hikes were recorded in the prices of fish, vegetables and meat, according to official statistics.
Chugani set up the Middle East, India and Africa Giordano network
With the halal industry reaching over $2 trillion in value, South Africa has emerged as a surprising global leader in halal certification, writes Peter Shaw-Smith.