Page 13 - RLI September 2019

middle east news inbrief

RETAIL GIANT SAYS DUBAI MALL EXPANSION RETAILERS HAIL IMPACT OF DUBAI
TO OPEN IN 2020 SUMMER SURPRISES FESTIVAL MUVI INKS A NEW MALL DEAL
Arabian Centres, the largest mall operator in
Saudi Arabia, has signed an agreement with Muvi
UAE-based retail giant Majid Al Futtaim has unveiled a Major retailers have hailed the 22nd edition Cinemas, the first locally created cinema chain,
list of new tenants at City Centre Deira as part of its of Dubai Summer Surprises (DSS), which to open multiplexes at four of its shopping
inbrief
ongoing AED377 million redevelopment project. this year saw six weeks of events and over centres by the end of 2019. The first will be at
The transformation project is scheduled to be 4,000 offers and promotions take place in the Mall of Arabia in Jeddah where a 15-screen
completed in the first half of 2020, the company said in a malls across the city. complex is near completion.
statement. As part of the project, the mall will introduce Key retail partners across the city of
25 new homeware and fashion brands, 20 new F&B Dubai have commended the success of the
concepts and homegrown restaurants next year. festival in attracting increased visitors to the WORK STARTS ON ALREEMAN
The mall has revealed a strong pipeline of tenants emirate over the summer season, resulting in Aldar Properties has announced that work
that are due to operate including affordable fashion greater spend. has started on the infrastructure in Alreeman,
brand, LC Waikiki, Polish footwear and bags brand CCC, DSS is an event that was developed by a $544 million master-planned residential and
iCoffee, while several popular international stores, such the Dubai Festivals and Retail Establishment commercial investment zone in the Alshamkha
as Forever 21, Body and Rubi, Steve Madden, Rivoli (DFRE), in conjunction with the private which was launched earlier this year. The
Prestige, and Puma have been relocated. Additionally, sector and retail partners, to enhance handover is expected in July 2021.
fashion retailer Zara will be moved to occupy a larger Dubai’s already prominent position
retail space. as the leading shopping destination
for tourists and residents during the SEAFOOD SOUQ SET TO GROW
summer months. Dubai-based online marketplace Seafood Souq
is aiming to expand froom Dubai to the rest of
the UAE and GCC by 2020, CEO Sean Dennis
CHALHOUB GROUP LAUNCHES has mentioned. The start-up is looking to tackle
NEW STORE CONCEPT FO FACES seafood fraud, product mislabelling and high
pricing by connecting international sellers.
The name change will go hand in hand consumers to try out different looks
with the evolution of the beauty chain, without actually applying make-up, and the COFFEE PLANET TO EXPAND
the equivalent of Sephora in Arabian Gulf opportunity to test the products in-store. The 100 per cent Arabica specialty coffee
countries, towards a retail service with a While broadening the range of services roaster, Coffee Planet, has announced plans to
strong consumer focus, notably at the two offered to customers, Faces continues to increase capacity at its Dubai-based roastery
new stores opened in Dubai, inside the sell major international cosmetics brands after reporting record sales in the first half of
Mall of the Emirates, and in the Kingdom like Parfums Christian Dior or L’Oréal, 2019. The expansion follows positive results
of Saudi Arabia, inside the Park Mall in the as well as a selection of specialist brands. which showed more than a 25 per cent growth.
country’s capital, Riyadh. The new Faces The new retail concept is called ‘Beauty
shops, designed like genuine concept stores, Nation’, and is expected to become a
were both opened last June, and the plan benchmark for cosmetics distribution in KFC LOOKS TO KEEP GROWING
is for four more to open by the end of the Arabian Gulf countries. Fast food giant Kentucky Fried Chicken
THE CITY’S TRENDIEST AND MOST OUTRAGEOUS CONCEPT STORE HAS OPENED ITS DOORS IN DOWNTOWN MALL, NEW CAIRO, MEET B84. B84 IS THE NEW CONCEPT year, followed by another fifteen in 2020. With 85 stores in nine countries and a (KFC) is looking is open up to 70 new
STORE INTRODUCED BY BARAKA RETAIL GROUP TO ENCOMPASS MOST OF THE GROUP’S BRANDS ALL UNDER ONE ROOF. THE REMARKABLE SHOPPING EXPERIENCE To bolster the revamp of Faces, the strong online presence, Faces is the beauty
WILL INCLUDE EYEWEAR FROM C&CO, FASHION FROM BEVERLY HILLS POLO CLUB, BAG PACKS FROM HERSCHEL, FURNITURE FROM MDR, MAKEUP FROM INGLOT, AND outlets this year across the GCC. The first
FOOTWEAR FROM NEW BALANCE, BIRKENSTOCK, TOMS, FILA, ONITSUKA TIGER, LE COQ SPORTIF AND SKECHERS. Chalhoub Group is relying on digital retail benchmark for Chalhoub, a new type KFC opened its store in the area in Kuwait in
technology to deliver a series of exclusive of store that could enable the group to 1974 and has gone on to become one of the
services: a platform to create perfumes become a leader in the whole of the Middle market leaders, with 774 stores currently in
MALL OF OMAN PROJECT CAPRICE DEBUTS tailored to an individual consumer’s East. The company now employs over operation in the MENA region 0 this includes
ON TRACK FOR 2021 HOMEWARES RANGE character, augmented reality tools enabling 12,000 people in 600 stores. 558 stores in the GCC.

Majid Al Futtaim’s fifth and biggest lifestyle destination in Oman is on International supermodel and businesswoman Caprice Bourret
track after the completion of major infrastructure milestones. Set to has debuted her homewares range in Dubai.
open in March 2021, the Mall of Oman confirmed delivery of new Launched last month, By Caprice Home is now available in
roads and flyovers, connecting the mall to the Muscat Expressway, Dwell Stores, with Dubai Mall leading the retail launch. The
and the completion of the Muscat Electricity Distribution Company Middle East announcement follows Caprice’s unveiling of her
(MEDC) Primary Substation. retail strategy last year, which will see the brand expand out of
Considered to be the biggest project of its kind in the sultanate, the UK to multiple global territories over the next 18 months.
Mall of Oman will have 145,000sq m of retail space, dining outlets By Caprice Home has seen massive growth since its launch PLACEMAKING
and a range of lifestyle experiences. The mall will also include Oman’s three years ago and has become recognised for its high quality,
largest VOX Cinemas, a Magic Planet family entertainment centre, a design and originality. Caprice said her eponymous homewares
12,200sq m Carrefour Hypermarket and the largest indoor snow range would kick off in eight Dwell stores in Dubai, followed by
park in the sultanate. an imminent move into Saudi Arabia as the brand’s second Middle
“The tourism and retail sectors are integral to Oman’s economy Eastern market. develop...
and are poised to drive economic growth and contribute to Caprice has had a hugely successful career, becoming one of
diversification in the country,” said Ghaith Shocair, CEO, Majid Al the world’s most photographed women with over 350 magazine
Futtaim Shopping Malls. covers, to launching her own lifestyle brand over 10 years ago.

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