Chalhoub Group news and archive

Chairman Patrick Chalhoub: "I am not at all worried about luxury industry"

The Chalhoub Group contributes to the success of luxury brands through joint ventures and distribution agreements. Although diverse luxury fashion houses recently saw their sales and profits decline, chairman and former chief executive officer Patrick Chalhoub sees no reason to worry about the luxury industry. Chalhoub was interviewed at the...

Member

Business

Personal shopper platform Threads Styling acquired by Chalhoub Group

Dubai-based Chalhoub Group announced it has acquired a majority stake in Threads Styling, a digital luxury player that sells high-end wares via a personal shopping platform. Terms of the deal were not disclosed, however Threads Styling Ltd posted revenue of 46 million pounds in 2021, and sells everything from fine jewellery to hard to find and...

People

Anthony Chalhoub, CEO of luxury retailer Chalhoub Group, dies at 63

Anthony Chalhoub, co-CEO of Middle East retailer Chalhoub Group, has passed away Monday from cancer, at the age of 63, according to a company statement. Founded in 1955 by his parents, the Chalhoub Group operates over 600 luxury boutiques in the region, including Dior, Louis Vuitton and Fendi. In total, the company employs 12,000 people across...

Retail

Farfetch launches in the Middle East

Luxury retail platform, Farfetch has launched its Arabic language website for customers in the Middle East, following its recently announced joint venture with the Chalhoub Group. José Neves, founder and chief executive at Farfetch said in a statement: “As one of the largest luxury markets in the world, the Middle East is so important to...