Tag Archives: retail

Business & Investments

Middle East Retail Forum 2024

GCC retail industry sales to jump at a CAGR of 4.6% to US$386.9 billion in 2028 from US$309.6 billion in 2023 – revealed at Middle East Retail Forum 2024

Taking on the theme of “The Power of Next”, the Middle East Retail Forum 2024 coalesced entrepreneurs, professionals, innovators, and thinkers to forecast the future of retail in the GCC.

Date: Dubai, UAE; September 30, 2024

The retail industry in the GCC is projected to boom at a compound annual growth rate (CAGR) of 4.6 percent to US$396.9 billion in 2028 from US$309.6 billion in 2023, according to the GCC Retail Industry report by Alpen Capital revealed at the 13th edition of the Middle East Forum (MRF) on September 26, 2024, at JW Marriott Hotel Marina, Dubai. The industry leaders at the forum highlighted the potential of the thriving market, exploring factors and trends that will pump more investment into the region.

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Beauty

LETOILE — the hottest new beauty retailer opened its FLAGSHIP BEAUTY STORE at Dubai Festival City Mall

LETOILE — the hottest new beauty retailer opened its FLAGSHIP BEAUTY STORE WITH THE WIDEST ASSORTMENT in the UAE at Dubai Festival City Mall, covering more than 1,800 square meters.

Popular international omni-channel beauty retailer, LETOILE has announced yet another milestone from its foray into the GCC market, opening one of its largest beauty stores in the UAE located at Dubai Festival City Mall – the city’s premium lifestyle destination.

The leader in beauty retail, LETOILE offers the widest range of brands at a range of different prices. Spanning 1800 square meters offers the largest selection of fragrances, niche perfumes, makeup, skincare, haircare, body care, and many other products, with the widest assortment sourced from all over the world: France, Italy, Switzerland, Saudi Arabia, the UAE, Oman, Korea, Japan and many more.

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