Luis Vuitton opens first Middle East store at Dubai Duty Free
The new opening is another mark of the brand’s expansion drive in travel retail Luis Vuitton has opened its first store in the Middle East at Dubai Duty Free in Dubai International Airport. The new space features a complete offer of leathergoods, ready-to-wear textiles, watches, jewellery, accessories, fragrances and shoes. The store also includes personalisation services, from hot-stamping of... Continue Reading →
Boots owner plans £5bn sale of chemist chain
Walgreens Boots Alliance poised to launch an auction of the 172-year-old retailer or list it on the stock The American owners of Boots are poised to launch an auction of the high street pharmacy valuing the business at more than £5bn. Walgreens Boots Alliance is set to instruct Goldman Sachs to review options for the... Continue Reading →
Selfridges to be sold to Thai retail giant for £4bn
UK retailer Selfridges is set to be sold to Central Group, a Thai conglomerate, for £4bn ($5.3bn) as it looks to expand its presence across the globe. The luxury department store has been owned by the Weston family, one of Canada’s richest families, for the last 18 years. They have agreed sale terms with the... Continue Reading →