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.
DP World launches 36-hour Dubai-Iraq sea link
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Parkin expands into Abu Dhabi under partnership with DAMAC
The paid parking operator Parkin has signed a five-year agreement with DAMAC Properties to manage around 3,600 parking spaces across the developer’s communities in Dubai and Abu Dhabi.
Dubai hosts Sustainable Bio International Forum
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TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
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BRIDGE Summit drives $200 million deal to boost UAE's media sector
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UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Cyprus on an official visit.
Several parts of the UAE have been hit with rainfall of varying intensities on Sunday morning, with the Dubai Police issuing public safety messages via SMS to urge residents to exercise caution.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has awarded Palestinian architect Dr Suad Amiry with the Great Arab Minds title for her work in preserving architectural heritage.
