Luxury retail is booming in the GCC, but brands could face a mass exit of talent if staff are not retained to protect market growth
luxury
Latest in luxury
Chanel
Luxury handbags: A timeless fusion of fashion and finance
With a history of steady appreciation and a growing global market, luxury handbags are proving to be more than just fashion statements
Brands
Global luxury market: $1.64tn spend last year; experiences v materials; China boom continues; the rise of Gen Z
Global luxury spending expanded by up to 10 per cent despite economic headwinds
Auctions
Global auction house Kruse GWS to launch auctions in Dubai
Dubai will be its first international base in over 100 years
Dubai brands
Can sustainable luxury fashion inspire for generations to come?
With the “sustainable generation” set to become an economic powerhouse, does the luxury fashion industry need to appeal more strongly to Gen Zs by aligning with their values?
Bernard Arnault
LVMH joins $500bn club, set to beat Tesla as world’s ninth-biggest listed company
On Monday, LVMH became the first European company to cross $500 billion in market value
Dubai
LVMH becomes first European company to exceed $500-billion market value
The achievement comes less than two weeks after LVMH joined the ranks of the world’s 10 biggest companies, powered by a surge in first-quarter sales
Art of Living
New Dubai mall: Inside ‘Art of Living’, a luxury home, furniture shopping centre
Located in Dubai, the Art of Living mall has a total area of 50,000 sqm spread across three levels
luxury
Dubai shop selling world’s most expensive socks for $1,090 a pair
Dubai Mall shop selling socks for more than a thousand dollars a pair
Cagau
Cagau: Asset value of luxury watches to rise during pandemic
The custom watch specialist credits a lockdown-related supply slowdown and increasing awareness
luxury
RM 74-01 and RM 74-02, automatic tourbillions with character
Features include in-house automatic tourbillon calibres, CRMT6 and CRMT5, cases in grey Cermet and Gold, Carbon TPT, materials exclusive to Richard Mille in watchmaking
luxury
RM 40-01 Automatic Tourbillion McLaren Speedtail to release in 106-piece limited run
Long-term partnership reaches new technical heights with in-house first power reserve display, oversize date and function selector complications, all of which
are firsts in a Richard Mille in-house automatic tourbillon
Chopard
Chopard’s Mille Miglia Middle East Edition: ‘A must-have for any gentleman’s wardrobe’
A limited edition of the gentlemen drivers’ timepiece
luxury
NINETY, the official Richard Mille pre-owned retailer, opens on London’s Mount Street
The store stocks the most sought-after, rarest watches and jewellery
luxury
Review: Sofa so good for the new Mercedes S Class
How comfort and technology dominate this latest offering from the German auto giant
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GCC tourism prospects
In pictures: Sultan Al Qasimi visits Sharjah’s eco-retreat Al Faya Lodge and Al Badayer Oasis
Al Badayer Oasis in Al Badayer and Al Faya Lodge in Mleiha, which fall under the “Sharjah Collection” – the luxury hospitality brand of the Sharjah Investment and Development Authority (Shurooq), operated and fall under the management of the Mysk by Shaza brand
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abu dhabi retail
Lighting up your world: S.T. Dupont CEO Alain Crevet
Leaders in luxurious accessories and leather goods, S.T. Dupont’s mastery of artistic crafts is unparalleled, making its covetable objects instant signifiers of style and good taste. CEO Alain Crevet reveals what it takes to create a masterpiece