Chalhoub Group CEO Discusses Middle East Luxury Retailer Outlook

The video discusses the current market conditions in Dubai and the UAE, highlighting issues like oversupply in housing and retail spaces. It explores the growth of luxury brands globally, despite a stagnant Middle Eastern market, and the impact of digital disruption and e-commerce on traditional retail. The speaker emphasizes the need for innovation and quality in physical retail to remain competitive. Strategies for growth focus on efficiency, consolidation, and leveraging technology to enhance customer experience and market share.

What factors are contributing to the oversupply in the housing market in Dubai?

How has the appetite for luxury brands in the UAE changed in recent years?

What role does e-commerce play in the current retail landscape in Dubai?

What strategies are companies in Dubai employing to adapt to a flat economy?

In what ways are businesses in Dubai focusing on customer experience?