Friday 29 April 2016
 
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Apparel

Dubai apparel, footwear market to top $13bn this year

Dubai’s market for apparel and footwear is estimated to reach $13.5 billion this year, and is on track to grow at a CAGR of 6.6 per cent until 2020, when sales are forecast to hit $17 billion, a report said. The market, esti

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Muslims spend $244bn on apparel globally

Muslims have spent an estimated $244 billion last year on apparel globally, according to a new report published by Salaam Gateway, the Global Islamic Economy Gateway.   The report identified more than 1,000 OIC-b

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Abercrombie & Fitch enters UAE market

Abercrombie & Fitch, a leading global high-quality, casual apparel brand, will open its first store in the UAE at Dubai’s luxury shopping center, the Mall of Emirates, on December 26. The store is being opened pursuant t

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Arcapita sells big US apparel group J.Jill

Arcapita, the global investment management firm, said it has completed the sale of J.Jill Group, a leading US-based multi-channel retailer of women’s apparel, accessories and footwear, to TowerBrook Capital Partners, a New York and London-

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Old Navy now in Kuwait

Azadea has launched American fashion apparel brand Old Navy in Kuwait for the first time with a new outlet in Marina Plaza, next to Marina Mall on Salem Mubarak street. Old Navy is a family-favourite store offering year-round must

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Old Navy enters Kuwait

Azadea has launched American fashion apparel brand Old Navy in Kuwait for the first time with a new outlet in Marina Plaza, next to Marina Mall on Salem Mubarak street. Old Navy is a family-favourite store offering year-round must

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Liv opens first dedicated female cycling store in Mideast

Liv,  a cycling brand dedicated to providing the best women’s specific bikes, apparel, and gear, has opened its first every cycling store in Dubai, to cater to the huge number of women now taking up cycling. In the UAE,

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Gap cuts full-year earnings forecast

Apparel retailer Gap forecast a drop in full-year profit, citing a strong dollar, shipment delays due to disruptions at US West Coast ports and declining sales at its flagship Gap brand. The company said it appointed a new design

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Apparel Group unveils big DSF promotion

Dubai-based Apparel Group has lined up a number of promotional and exciting activities for its range of brands and stores across the emirate to celebrate the 20th momentous anniversary of Dubai Shopping Festival (DSF). The 20th ed

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Big boom seen in women's mid-market apparel

Emerging markets account for 37 per cent of women’s mid-market apparel today, but by 2025 their share is expected to rise to over 50 per cent as these markets would have grown three times faster than mature markets during this timeframe, a

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