Friday 9 December 2022

Gold’s performance likely to remain stable in 2023: WGC

Gold’s performance is likely to remain stable next year as it battles against competing challenges from different demand drivers, said the World Gold Council’s (WGC) 2023 Gold Market Outlook.   With the significant chance of a more severe and widespr


SHEIN leverages digital thermal transfer printing tech

SHEIN, an online retailer of fashion, beauty and lifestyle products, adopting digital thermal transfer printing with the goal of accelerating printing efficiencies and reducing the environmental impact of textile manufacturing.    SHEIN has reached a new mi


Fawaz Alhokair Group goes for total rebrand, launches Cenomi

Fawaz Alhokair Group, the region’s largest vertically integrated immersive retail and lifestyle company, together with Arabian Centres and Fawaz Alhokair Fashion Retail Co has announced the launch of Cenomi.    The full rebrand brings together all ope


Luxury retailer Outletcity Metzingen opens Mideast office

Outletcity Metzingen, Europe’s largest luxury retail outlet has appointed Aviareps Middle East as its Destination Marketing & Public Relations Representative in the Middle East. The representation, which comes into immediate effect, will see Aviareps promote Outletcity


Entertainment is the new retail in Riyadh, says property expert

Across Riyadh’s 25 super regional and regional malls, which together cover an area in excess of 1.4 million sqm, supermarkets and family entertainment dominate the retail scene, each with an average representation of 8,000 sqm and 5,300 sqm, respectively, according to global real estate


Retail Congress Mena brings together regional retailers

The region’s largest retail and shopping centre event, the Retail Congress (RECON) Mena, is addressing how to build a better future as the year 2022 presents a new opportunity to pave the way for the next evolution, the Retail Reborn.    Celebrating i


Al-Saif Gallery announces $30.6 as its final IPO offer price

Al-Saif Stores for Development & Investment Company (Alsaif Gallery), a leading Saudi retailer, has set the final offer price of its IPO at SR115 ($30.6) per share with a coverage ratio amounting to 1,550%.   Announcing the completion of the book-building pr


Samsung launches new OLED TV in Saudi Arabia

Samsung Electronics has announced the launch of its new high-performance OLED TV offering immersive home entertainment experience in the Kingdom of Saudi Arabia. This new addition will cement Samsung’s position in the premium TV market by redefining the OLED concept and emp


Shipment of Samsung foldable smartphones double

Samsung Electronics has announced that the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year over the 10-month period of January to October 2022. During the period, the number of foldable smartphones Samsung contracte


Honayda Serafi named Chopard's Saudi brand ambassador

Chopard, the leading Swiss manufacturer and retailer of luxury watches, jewellery and accessories, has signed up the highly-talented fashion designer Honayda Serafi as its first ambassador for Saudi Arabia.   Well-known for her elegance and her keen sense of fas

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