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Landmark to invest $1bn in 400 stores in GCC, India and SE AsiaLandmark Group, the leading value conglomerate in the retail and hospitality sectors, has unveiled plans to invest $1 billion to expand its presence across the Gulf, India and South-East Asia. The group, currently celebrating its 50th anniversary, will o More… |
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51pc of luxury retail employees plan to leave their jobs: studyA staggering 51% of luxury retail employees plan to leave their jobs amid a talent crisis gripping the industry, said a landmark report titled “The Advisor Effect: Driving Retail Success by Re-imagining the Role of the Client Advisor”. Unveiled by More… |
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Spinneys' 9-month revenue hits record $626m; profit up 27pcSpinneys, the region’s premium food retailer, today (November 8) delivered solid results for the first nine months with a record revenue of AED2.3 billion ($626 million), up 11.4% growth over last year driven by like-for-like sales growth of 11.1% and supported by the opening of four ne More… |
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Al Islami expands processed food product line in QatarAl Islami Foods, a leading UAE-based provider of halal poultry and meat products, has launched its extensive processed food range in Qatar that aims at meeting the needs of modern households and busy individuals, bringing a new level of convenience to halal cooking. Known for its commi More… |
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Line Investments & Property wins big at MECS+R Mena AwardsLine Investments & Property SP, a unit of LuLu International Holding, has won top recognition at MECS+R Shopping Centre & Retailer Awards 2024. Its portfolio of malls snapped up 21 awards, thus reinforcing its leadership in the regional retail sector. More… |
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Why Dubai is the ‘ultimate’ shopping destinationDubai has ranked as the fourth best city for an unforgettable shopping experience in a list of 20 must-visit cities for shopping lovers that has been drawn up by travel experts at London-based Away Holidays. With a 156% increase in searches for ‘shopping cities’ as well as More… |
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Squatwolf opens first flagship store in Dubai MallSquatwolf, a leading homegrown gym-wear fitness brand, has officially opened its first-ever flagship store in the iconic Dubai Mall, with plans to expand across the UAE and the GCC region with new store launches by the end of 2025, and build the ever-growing wolf pack. The new store al More… |
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UAE customers show highest levels of brand loyalty worldwideWith 83% of UAE respondents considering themselves loyal to a particular brand, people in the Emirates achieved the highest loyalty ranking among all regions in this year’s international SAP Emarsys Customer Loyalty Index. This edition was the UAE& More… |
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Global gold demand reaches a record high value of $100bnGlobal gold demand increased 5% year-on-year (YoY) to 1,313t (tonnes) in the third quarter (Q3), with total demand exceeding $100 billion for the first time on record, supported by strong investment in a record-high price environment. This is according to the More… |
