New Market Report: Mixed Retailers in the United Arab Emirates
Mixed retailers chiefly benefited from several factors in 2012. On the one hand, the rise in consumer confidence among local consumers resulted in an increase of current value sales. On the other hand, mixed retailers also reported a rise in tourists contributing to growth in turnover. Furthermore, changes in the tourist base resulted in a rise in high-income Russian and Chinese customers at premium outlets such as Al Tayer Group's Harvey Nichols or Paris Gallery. Finally, new shopping centre...
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