by Jibran Munaf | August 31, 2024 | Economy, Markets, News, Retail
Hong Kong’s retail sector continues to face significant challenges, with July retail sales falling 11.8% compared to the same period last year, marking the fifth consecutive month of decline. The total value of sales decreased to 29.1 billion Hong Kong dollars...
by Vasu Jit Kalia | August 27, 2024 | Retail
Dubai Summer Surprises comes loaded with surprises as ever, as summers come to an end. The DSS Final Sale, which runs from August 30 to September 1, promises to be a super saver for residents, with discounts as high as 90 percent. The deals will be available on more...
by Jibran Munaf | August 27, 2024 | Retail
As the summer break draws to a close, Dubai Summer Surprises (DSS) offers residents a final opportunity to enjoy massive discounts of up to 90% during the ‘DSS Final Sale.’ This sale will run from August 30 to September 1, featuring more than 550 brands...
by Vasu Jit Kalia | August 27, 2024 | Products
Tech giant Apple on Monday announced a special event on September 9, where it is set to launch the new line-up of iPhones along with other gadgets and software services. The company’s launch tagline this year is ‘It’s Glowtime”, and the event will broadcast from...
by Vasu Jit Kalia | August 22, 2024 | Industry, Retail
The owner of American retail giant TJ Maxx is acquiring a significant stake in Dubai-based off-price chain Brands for Less (BFL), as part of the company’s global expansion strategy. The TJX Companies, which just raked in net sales of more than $13 billion, has signed...
by Jibran Munaf | August 16, 2024 | Market Analysis & Commentary, Market Commentary, News, Retail
Retail spending in the GCC is projected to increase by 37% from 2022 levels, reaching $300 billion by 2028. Cities in the region are emerging as top global shopping destinations, with Dubai leading the way. Dubai is the only GCC city among the six top global retail...