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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.
Dubai's external foodstuff trade hit AED 52 billion in 2020
Dubai's external foodstuff trade reached AED 52 billion in 2020, according to Dubai Customs.
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Dubai CommerCity (DCC) has announced the launch of 470,000 sq.ft. of new facilities, as part of the project's first stage.
Flydubai adds two seasonal routes to Turkey
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Dubai Customs complete 5 million transactions in first quarter of 2021
Dubai Customs completed 5 million transactions in Q1 2021, according to statistics released on Saturday.
First Emirates passengers trial IATA'S COVID-19 'digital passport'
Emirates has started the trial of International Air Transport Association's (IATA) COVID-19 vaccine passport today, with passengers flying to Barcelona becoming the first to use the service.
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.
11:00am - 2:00pm
No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.
The latest Back To Business webinar was all about cutting costs without losing the competitive edge.
We speak to one of the e-scooter operating companies.
Paul Griffiths, says the current approach is incompatible with keeping the global economy mobile.
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!
