Monday 23 January 2017

REDTAG extends partnership with Cyrine AbdelNour

REDTAG, a leading grassroots fashion brand in the region, today confirmed it has extended its celebrity ambassadorship agreement with popular Arab artist Cyrine AbdelNour for 2017/18. Revealed as the face of REDTAG in late 2015, Cyrine AbdelNour’s collaboration with the val


Alshaya signs up for Nakheel’s Al Khail Avenue mall

Nakheel Malls has kicked off its 2017 growth plan by signing Middle East retail giant Alshaya for 25 brands across 100,000 sq ft of shop space at the upcoming Al Khail Avenue mall at Jumeirah Village in Dubai. Alshaya’s most popular fashion, lifestyle and food brands &ndash


Panasonic to launch GenNext technology at Intersec

Panasonic, a leading provider of integrated security and video surveillance solutions, is set to introduce its next generation i-Pro Extreme technology platform at Intersec 2017, which opens on Sunday in Dubai, UAE. The event will run at the Dubai International Convention and Exh


Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same period the year before. Announcing the


Abraaj Group acquires majority stake in Chile firm

The Abraaj Group, a UAE-headquartered investor operating in growth markets, has acquired through its funds a majority stake in Casaideas, a leading home design and home decorations business with growing market presence in Chile, Peru and Bolivia. The transaction represents the fi


106 vendors join Dubai's Market Outside The Box

A record 106 vendors will participate in the 10-day Market Outside The Box (Market OTB), a grassroots retail movement, whihc opened in Dubai today (January 19). It is one of the greatest sources of inspiration during the Dubai Shopping Festival (DSF) for shoppers from around the


Smart Stores Expo to showcase top-notch solutions

Smart Stores Expo 2017, the first of its kind event focusing on the latest trends in retail design, will offer a wide range of solutions including architecture, design, audio visual equipment, retail logistics & store simulations when it opens in Abu Dhabi, UAE next week. The


Doha Festival City in 'final phase of development'

Doha Festival City, the largest entertainment and retail development in the Gulf which is estimated to cost QR6.5 billion ($1.78 billion), has entered into its final phase of development and is set to open its doors to the public in March, said a report.   The giant mixed-us


Retailers ‘slow to embrace digital transformation’

Retailers around the world are moving too slowly when it comes to digital transformation and may not be investing in the right places, a report said, adding that the recent closing of big box stores is just the beginning. “The shakeup caused by digital disruption is already


Damas Jewellery launches new 'Farfasha' range

Damas Jewellery, a leading jewellery and watch retailer in the Middle East, has collaborated with this year’s Dubai Shopping Festival to bring back the ‘Face of Farfasha’ – singer Nancy Ajram – who launched a new line of the popular collection. Durin

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