According to our sources, the British department store retailer Debenhamsis looking for opportunities in Tehran (Iran). The Dubai-based Al-Futtaim Group is also interested in sites within the Iranian capital.
Meanwhile, a new Marais BHV department store (part of Galeries Lafayette Group) will open in Dubai in September 2016, selling over 6,000 sq.m. The unit is within the City Walk shopping centre, operating via a franchising agreement with Admic, a multi-format Lebanese retail specialist....