Top Italian beauty brand Korff Milano enters UAE

Top Italian beauty brand Korff Milano enters UAE UAE Business • • • • Korff Milano, a leading Italian company known for its upmarket beauty solutions in the pharmaceutical industry, has announced its foray into the UAE market in partnership with BinSina Pharmacies. The premier European make-up brand marked its UAE debut with an exclusive... Continue Reading →

Nyden: H&M’s new affordable luxury brand

Introducing Nyden: H&M’s new affordable luxury brand H&M has announced it will be adding another brand to its portfolio in early 2018 aimed at millennials and co-created with “influencers”. The first /Nyden influencers will include Instagram-famous tattoo artist Doctor Woo and Swedish actress Noomi Rapace. The aim of working with influencers is to ensure the... Continue Reading →

Apple to open first Saudi stores

US giant Apple said to be in talks to open first Saudi stores Tech major is reportedly in licensing talks with Riyadh; first Apple store could open in 2019 US tech giant Apple is reportedly in licensing talks with Saudi Arabia with a view to open its first stores in the Gulf kingdom. The maker... Continue Reading →

Arket to open third store in London

H&M’s Group newest brand, Arket, is set to open its third store in London next spring as the Swedish retail group continues to roll out its latest store concept. Set to open in spring, 2018, the store will be located in Westfield Stratford City. The third UK Arket store opening comes after the brand’s debut... Continue Reading →

South African Retail Tycoon Loses Billionaire Status Amid Accounting Crisis

Christo Wiese. Photographer: Waldo Swiegers/Bloomberg South African retail tycoon Christo Wiese dropped from the billionaire ranks earlier on Thursday after the stock of Steinhoff International Holdings, the retail conglomerate where Wiese serves as the chairman, fell 80% in the course of two days. The company’s shares plunged after its CEO, Markus Jooste, resigned due to accounting irregularities,... Continue Reading →

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