MENA luxury retailer Chalhoub’s sales slip 2% YTD April, expects full year to be up 6% Y-o-Y
Dubai luxury retailer, the Chalhoub Group said that group’s sales from the start of the year until the end of April were down 2% compared with the same period Y-o-Y. Chalhoub runs over 600 outlets across 14 countries in the MENA region – running the Level Shoe District in Dubai Mall and Tryano concept store in Yas Mall along with a host of other stand-alone brands. The group’s co-chief executive Patrick Chalhoub however believes this year sales will finish 6% up on last year. (The National)
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