The future of luxury retail will undoubtedly be shaped by those who invest in digital transformation and align their strategies with evolving consumer expectations, without losing sight of the human touch
Majid Al Futtaim’s expansion in luxury retail builds on a record-setting 2024, which saw a 26 per cent increase in revenue
Personal luxury sales in the UAE and the Middle East has, expectedly, nosedived. But luxury retailers are pushing forward a multi-pronged strategy that will – if successful – result in a gradual resurgence of the industry