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Saudi retailer Cenomi reopens Zara store after key revampSaudi Arabia’s pioneering retail brand partner Cenomi Retail has reopened the Zara store in the new concept at Al Nakheel Mall in Riyadh, the most innovative mall in the kingdom of Saudi Arabia. This store, located on the ground floor of the mall, More… |
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DSF’S epic 30th anniversary edition begins Dec.6The iconic annual Dubai Shopping Festival (DSF) takes citywide celebrations to dazzling new heights, kick-starting the festival’s greatest, most phenomenal, and out-of-this-world 30th anniversary edition. An exhilarating line-up of world-class ente More… |
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Indian jewellery brand Tanishq unveils flagship store in DubaiTanishq, one of India’s leading jewellery brands owned by Titan Company Limited, has announced the opening of its flagship boutique in the Dubai Gold Souk Extension. Spanning a 5,000 sq ft area, this new outlet store is the brand’s largest and most More… |
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Dubai Duty Free’s 11-month sales hit $1.94bnDubai Duty Free has recorded sales of $1.94 billion up to the end of November, and it is on course to hit its target in excess of $2 billion for the year. The airport retailer finished the month of November with sales of $205.67 million, making it the fifth-be More… |
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Surging Mena retail spend to ‘catalyse footwear, leather growth’On the back of robust retail spend growing at over 7% CAGR in the Middle East and Africa (Mena) region, the leather and footwear market is poised to harvest a windfall growth of nearly $28 billion in the next five years. In a statement by Verifair, organisers More… |
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Nice One Beauty aims to raise $322m in Riyadh IPONice One Beauty, a leading beauty care e-commerce platform in Saudi Arabia, is set to launch an initial public offering (IPO) in Riyadh, aiming to raise up to SAR1.21 billion ($322 million). It is offering 34.6 million shares (30% of the share capital) for a price range of SAR32 to SAR35 per More… |
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Talabat raises $2bn in largest global tech IPO in 2024Talabat Holding, a leading on-demand online food ordering, delivery, takeaway, groceries, and convenience retail marketplace in the MENA region, has announced the successful completion of the bookbuilding and public subscription process for its initial public offering (IPO) on the Dubai Financi More… |
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Lulu opens 57th store in Saudi Arabia at DammamLulu Retail has launched its 57th store in Saudi Arabia at Dammam in the Eastern Province as part of its ambitious plan to launch 100 stores in the kingdom within three years. Four new outlets will be opened in Makkah and Madinah in the next two months, said the company in a statement. More… |
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Saudi Retail Forum 2024 to put spotlight on homegrown brandsThe Saudi Retail Forum (SRF) 2024, a key industry event for the region, kicks off at very heartening time as the kingdom’s retail sector is poised to reach SR596 billion ($159 billion) by 2024 and touch approximately $176.5 billion by 2026, said the event organisers citing data from Sta More… |
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Devji Aurum unveils Celtic-inspired prime collection at Jewellery ArabiaDevji Aurum, one of the oldest fabricators of exquisite jewellery, has collaborated with leading Welsh fashion designer Jayne Pierson and go-to-market advisory firm nuForj to launch its limited edition of rare set of collars, cuffs, earrings and rings under the Gwenllian Collection in Bahrain More… |
