Patrick Bousquet-Chavanne, Abu Dhabi RDP: ‘The big risk is the postponement of key investments due to a lack of political visibility’



Impact of customs tariffs, continued cooling demand for luxury goods, wait-and-see attitude in terms of investments. At the NRF, Patrick Bousquet-Chavanne, former C.E.O. of Emaar Malls and Executive CMO of Marks & Spencer, and currently Advisor to the Abu Dhabi Retail Development Program, shared with mind Retail his vision for retail in 2025.

Through Sophie Baqué. Published on 31 January 2025 à 11h34 - Update on 24 July 2025 à 11h03

Against the backdrop of the U.S. elections, can you give us the pulse of retail in the Middle East?

Patrick Bousquet-Chavanne: This sector is growing steadily in Saudi Arabia and the Emirates, well above the world average. It is being driven by a growing population and purchasing power well above the global average. Optimism is therefore widespread, particularly in the luxury sector.…

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