There’s still hunger for new brands


July 12, 2016 | By RetailME Bureau

Chanel, Louis Vuitton, Burberry, Tati, F&F, Matalan, Marks & Spencer, H&M, Mango, Zara – you name an international brand and it is more than likely that you’ll find it present in the GCC’s leading cities. F&B options include KFC, McDonald’s, The Cheesecake Factory, Five Guys and a host of others from every corner of the globe. The roster spans luxury to high street to value-for-money.

The world economy may currently be experiencing a slowdown that’s enveloping the region, but retail appears to be recession-proof in these dynamic markets, which include the Middle East and North Africa (MENA), where political unrest heightens market risk…

Dubai remains the gateway to the MENA region

Consider the following: In 2015, 57% of international brands tracked in the CBRE survey were present in Dubai; 38 new brands entered the city that year, 45 in 2014, 19 in 2013 and 25 in 2012. Abu Dhabi had 55 new brands in 2014 and 42 in 2013. Doha has figures of 29 in 2015 and 30 in 2014, while Muscat saw 17 new brands in 2012.

For the fifth year running, Dubai has retained its second spot after London among cities with the largest presence of international retailers, in CBRE Research’s annual monitor of cross-border retailer activity (How global is the business of retail). Abu Dhabi has also moved up the ranks to make the UAE a global retail powerhouse (third in the CBRE country rankings). The GCC isn’t far behind, with Qatar, Kuwait, Saudi Arabia and Oman figuring prominently.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau
#Topshelftalks session at Food Business Forum 2024

Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital 

Continue Reading

July 3, 2024 | By Anurima Das
#EdgeOfTomorrow session at Food Business Forum 2024

The regional grocery retail market is evolving fast keeping pace with constantly 

Continue Reading

July 3, 2024 | By Rupkatha B
#CartToCouch session at Food Business Forum 2024

If anything, the Middle East market is excited about quick commerce – 

Continue Reading

July 2, 2024 | By Rupkatha B
#EcoEchoes session at Food Business Forum 2024

From ethical and local sourcing to adopting cutting-edge technologies to curb food 

Continue Reading

July 2, 2024 | By Rupkatha B
#ByteSizedBreakthroughs session at Food Business Forum 2024

The regional grocery retail market is becoming more and more diverse, offering 

Continue Reading

July 2, 2024 | By Rupkatha B

Spinneys, the leading premium fresh food retailer, has announced the opening of 

Continue Reading

June 24, 2024 | By RetailME Bureau

Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever 

Continue Reading

May 20, 2024 | By RetailME Bureau




Download Images RetailME Magazine