Tuesday 16 April 2024
 
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‘AI will drive hyper personalisation’ in luxury retail sector

Generative AI (GenAI) and other AI tools will transform retail over the next 12 months, according to ‘Retail Reimagined: Creating luxury customer experiences using data-driven insights’, a new report launched by Deloitte Global.    With 52%

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Gold prices hit record highs on Friday

Gold prices soared to a historic peak on Friday, with spot gold climbing 0.5% to $2,384.34 per ounce as of 0345 GMT, Reuters reported.   Bullion hit a record high 2,395.29 earlier in the session. US gold futures also gained 1.2% to $2,401.80.

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Celebrity beauty brands net over $1bn earnings in 2023, says report

Celebrity beauty brands have collectively netted more than $1billion in sales in 2023 with Rihanna's Fenty Beauty topping the list followed by Priyanka Chopra Jonas’s hair care brand Anomaly and Kylie Jenner's cosmetics brand, according to Upbeat Agency. New data reveals

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UAE businesses brace for Eid surge

Businesses in the UAE are anticipating a significant surge in activity during Eid, which brings about a palpable sense of joy and festivity, accompanied by increased consumer spending.    From retail outlets offering special discounts on clothing, electroni

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Indian fashion brand SHREE unveils Afifa abaya collection

Contemporary Indian fashion brand SHREE has unveiled its latest offering, the Afifa Elegant Abaya Collection, across its stores in the UAE.   Drawing inspiration from the tranquil landscapes of the desert, the "Elegant Oasis" theme of Afifa embodies th

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McArthurGlen launches EID Campaign 2024

McArthurGlen, Europe's leader in designer outlet shopping, has announced the launch of its EID Campaign 2024, which is celebration of luxury, fashion and culture.    From April 9 to May 5, 2024, selected McArthurGlen Designer Outlets across Europe will

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Eid raffles and competitions announced across Dubai

Residents and visitors will have a chance to win big during the Eid In Dubai celebrations, with a host of exciting competitions and raffles announced.    Organised by Dubai Festivals and Retail Establishment (DFRE), the Eid activations happening across the

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‘Luxury Deals’ set to kick off in Bahrain this June

WorkSmart for Events Management Company has revealed the inaugural edition of ‘Luxury Deals’, a first-of-its-kind event offering discounted luxury products. from June 15 to 17 at the Gulf Convention Centre.    The event is set to showcase a dive

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Union Coop offers 3 promotions for ‘Eid Al-Fitr’

Union Coop has announced three promotional campaigns for Eid Al-Fitr, including discounts of up to 60% on 2,000 food, non-food, and essential consumer goods.    This initiative highlights its commitment towards community initiatives aimed at delighting cons

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Arçelik completes Whirlpool Moroccan and UAE units buy

Arçelik, Beko’s parent company, has acquired full ownership of Whirlpool’s Middle East and North Africa (Mena) operations. Through this acquisition, Arçelik now owns Whirlpool’s UAE and Morocco entities, and manages Whirlpool's MDA business operations in th

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