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Retail Asia05/05/2016

Despite suggestions to the contrary, luxury retail spending is still rising in the UAE, albeit at a slower pace. Dubai, in particular, is leading the way. In a survey carried out before the World Retail Congress last month, Dubai Chamber said the retail sector in the emirate was expected to grow by 5 percent annually […]

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Retail Asia16/04/2016

The Dubai Mall ranks higher than London’s Regent Street and New York’s Fifth Avenue in the overall quality of its retail offerings. It’s also ahead of the Champs-Elysees in Paris, according to the latest Global Retail Destination from Savills, a UK consultancy. In terms of city rankings, New York leads the way, ahead of London […]

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Retail Asia09/04/2016

Dubai Mall has ranked higher than London’s Regent Street, New York’s Fifth Avenue and the Champs-Elysees in Paris in terms of the overall quality of its retail facilities and amenities, according to the latest Global Retail Destination Index 2016 from Savills. The report measures the various retail attributes held by London’s West End and compares […]

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Retail Asia30/03/2016

Dubai-based conglomerate Al-Futtaim Group is embarking on a slate of moves to refresh the offerings at its stable of retail brands here, such as household names Robinsons department store and the Marks & Spencer chain. The multi-faceted efforts to draw more shoppers are part of a drive by its Asia group chief executive, Mr Christophe […]

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Retail Asia23/03/2016

Pret A Manger, the sandwich shop beloved by London office workers for its freshly made rolls and organic coffee, has opened its first UAE store. The chain whose magenta star sign, chrome furniture and daily donations to the homeless have become a staple of many a central London street, announced yesterday it has opened its […]

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Retail Asia17/02/2016

Dubai-based Nakheel, the company behind the world famous Palm Jumeirah artificial archipelago, is to double the size of its Dragon Mart retail complex, which became the world’s biggest Chinese trading hub outside mainland China when it was first launched in 2014. The government-owned developer plans to expand the current 4,000-shop retail complex into a community […]

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Retail Asia09/11/2015

Indian retailer Malabar Gold and Diamonds says it will open 22 new stores in India, the Gulf and ‘the Far East’ over the next six months. New showrooms will be opened in Hong Kong and Indonesia as part of the plan, but there are no details as yet on timing or exact location. To help […]

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Retail Asia28/10/2015

Philippines-based Max’s Group has signed a contract to launch Pancake House in Dubai. The QSR and cafe operator will open at least eight Pancake House restaurants in the UAE in partnership with master franchisee Lulu Group. Max’s Group is the Philippines’ largest operator of fast food and QSR restaurants, and this week’s deal is one […]

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Retail Asia25/09/2015

Dubai International Financial Centre (DIFC), the financial and business gateway between the Middle East, Africa and Asia, today welcomed BDO Unibank – the first Philippine bank to operate in its premises. The UAE is home to an estimated 700,000 Filipino expatriates and BDO Unibank’s objectives include supporting them, while facilitating investments and money flow to […]

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Retail Asia26/08/2015

Finnish homewares retailer Marimekko says it will stick to its Asia and Middle East expansion program despite declining profits. “We continue our expansion in line with our internationalisation strategy, particularly in the Asia-Pacific region,” said Marimekko president Tiina Alahuhta-Kasko. “This year, new markets have opened up in Bangkok and Singapore as well as Dubai in […]

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Retail Asia13/08/2015

German retailer Metro AG has paid $290 million to buy Singapore restaurant supplier Classic Fine Foods Group from private equity owned EQT. CFF operates in 25 cities, including Singapore, Dubai, Hong Kong, Bangkok, Kuala Lumpur, London, Ho Chi Minh City and Jakarta. The deal will expand Metro Cash & Carry’s presence from 26 countries to […]

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Retail Asia13/06/2015

The Shoppes at Marina Bay Sands has gained the RLI Purchasing Centre Renovation 2015 title in The International RLI Awards 2015 held in Dubai, UAE. The Shoppes gained the award forward of worldwide contenders the Armada Purchasing Centre in Turkey, CapitaMall Jinniu in Chengdu, China, and the Victoria Place Buying Centre within the UK. John […]

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Retail Asia12/06/2015

Japanese comfort retailer model 7-Eleven has signed a deal to enter the UAE. The primary 7-Eleven Dubai retailer will open in September after a franchise partnership was signed with Seven Emirates Funding. Khamis Al Sabousi, Seven Emirates Funding’s president, stated the shop would be the first of greater than 820 shops deliberate for the area […]

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Retail Asia05/06/2015

The first 7-Eleven convenience store will open in Dubai in September as part of a franchise deal with Seven Emirates Investment, it has been announced. Khamis Al Sabousi, president of Seven Emirates Investment, said the opening is part of plans by the Japanese convenience store brand to launch more than 820 stores in the region […]

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Retail Asia11/02/2015

Fresh from capturing the title of busiest international airport from London’s Heathrow, Dubai International Airport has set its sights on becoming the world’s top hub by retail sales this year as a flood of Chinese passengers add to a shopping spree.

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