Luxury retail in the UAE had shown signs of a rebound over summer after the pandemic struck, but has flattened since the start of October.
That's according to the CEO of Chalhoub Group, Patrick Chalhoub, who was speaking at the 'Back to Business' webinar hosted by Dubai Eye.
He's expecting sales to stay soft till the end of the year.
But Chalhoub says the increase in online shopping has been dramatic.
Record-breaking edition of Arabian Travel Market opens
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Latest innovations highlighted at Dubai FinTech Summit
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Qantas to pay AED 290 million to settle flight cancellation case
Qantas Airways has agreed to pay AED 290 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline.
Warren Buffett's Berkshire Hathaway posts record operating profit
Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
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Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
Latest album, what happened with BTS, raising a baby girl, eye surgery, and more!
The super-star and multi-award-winning singer-songwriter, Jason Derulo is bringing the heat to Dubai.
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
