Wednesday 27 May 2015

Marka expects to turn profitable next year

Dubai's Marka, a retail and restaurant start-up that listed on the emirate's bourse last year, expects to turn profitable in 2016, a company official said on Tuesday, pushing back the timeline given earlier. In January, Marka said it expected to turn profitable in the fou


Panasonic launches 85-inch 4K LED TV

Panasonic has launched an 85-inch LED TV with an intelligent design with full range of functions and offering 4K picture quality. The latest LED TV VIERA TH85X940M is a top model, with the 4K ultra High-Definition and Studio Master Drive enhancing colours, picture quality and tra


F&F opens outlet at Bahrain’s Enma Mall

F&F, a leading British fashion label, has opened a new outlet at Enma Mall in Bahrain. Part of the retail division of the Al Futtaim group, F&F has 12 stores across Bahrain, the UAE and Jordan. F&F stores offer a broad range of affordable fashion for men, women and ch


King Koil launches new mattress solutions

Dubai Furniture Manufacturing Company (DFMC), a market leader in the premium mattress segment in the Middle East, has launched King Koil’s new mattress encasements and pillow protector. A unique product with fluid-repelling surface, it offers an impenetrable barrier to dust


Arcapita sells big US apparel group J.Jill

Arcapita, the global investment management firm, said it has completed the sale of J.Jill Group, a leading US-based multi-channel retailer of women’s apparel, accessories and footwear, to TowerBrook Capital Partners, a New York and London-based investment management firm. T


New device in headset jack of smartphone to alert users

Cpush, a small object with an iconic shape that fits in the headset jack of the android smartphone, will alert the user through a light - steady or flashing - when interesting events happen around them and will allow the use to perform some action by pressing a micro button. The


Philips, Carrefour to beam coupons to shoppers

Philips has struck its first deal to sell lights with built-in technology that can track shoppers as they move through a grocery store, beaming pop-up coupons to their smartphones. The world's largest maker of lights said on Thursday France's biggest retailer Carrefour ha


Iittala to enter UAE with Jashanmal Group

Iittala, a part of leading supplier of branded consumer products for the home garden and outdoors Fiskars Group, is set to enter the retail market in the UAE. It will open a shop-in-shop at the Jashanmal Department Store in the Dubai Mall, next month. The Finnish d


Marka launches Cristiano Ronaldo’s footwear collection

Marka, the first public joint stock company focused on retail sector in the UAE, has announced the launch of ‘CR7 Footwear,’ the new exclusive footwear collection from Portugal and Real Madrid top footballer Cristiano Ronaldo. The debut collection for CR7 Footwear wil


Toshiba unveils Nimble Storage solutions in Mideast

Toshiba, as the exclusive distributor of Nimble Storage solutions in the Middle East, is launching Nimble’s Adaptive Flash platform, the latest in hybrid storage innovation, in the current Gartner Symposium/ITXpo 2015 in Dubai, UAE. Using hybrid storage architecture, Nimble

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