The Chalhoub Group plans a 2% sales uplift in 2018

Publication

25 May 2018 à 18h00

Updated on 10 May 2019 à 17h06

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1 minute

Publication: 25 May 2018 à 18h00, Updated on 10 May 2019 à 17h06

Reading time: 1 minute

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Publication

25 May 2018 à 18h00

Updated on 10 May 2019 à 17h06

Reading time

1 minute

Publication: 25 May 2018 à 18h00, Updated on 10 May 2019 à 17h06

Reading time: 1 minute

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After a “gloomy” 2017 year with sales up by 1%, the Emirati luxury giant (partners include Louis Vuitton and Fendi) predicts a similar trend for 2018, with turnover up by 2%. “A 2% increase is not very much,” said C.E.O. Patrick Chalhoub. “We have been spoiled for many years by double digit growth until 2014. We now have entered a new era.” In February 2018, Chalhoub created a joint venture with the Farfetch marketplace to feature brands on the British luxury platform. “In the luxury

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