COVID-19 impact: Luxury retail sector in UAE 'flattens' since October

iStock [illustration]

Luxury retail in the UAE had shown signs of a rebound over summer after the pandemic struck, but has flattened since the start of October.

That's according to the CEO of Chalhoub Group, Patrick Chalhoub, who was speaking at the 'Back to Business' webinar hosted by Dubai Eye.

He's expecting sales to stay soft till the end of the year.

But Chalhoub says the increase in online shopping has been dramatic.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 11:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.


On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.


    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!