Lebanese luxury label Elie Saab has opened a new flagship store at Via Riyadh, Saudi Arabia, as part of its expansion in the region.
The boutique features ready-to-wear and bridal collections, as well as kidswear, accessories and fragrances. It also houses a private haute couture salon.
CEO of Elie Saab, Elie Saab Jr, said: “Riyadh is developing its regional influence, and opening a boutique in the Saudi capital is therefore relevant for Elie Saab as we thrive into a lifestyle brand.
“To further cement our presence in the Gulf and the region at large, we are aiming to be accessible and meet our growing clientele to best address their specific needs.”
The Riyadh location opening marks the label’s third opening in the Gulf region in the past year.
Most recently, Elie Saab opened boutiques in Doha and Abu Dhabi. The brand operates flagship stores in global fashion capitals such as Paris, London, New York and Milan. It also mulls further expansion to other international fashion hubs.
Via Riyadh is a new luxury shopping and entertainment district in Riyadh that opened its doors to the public on May 11.
According to IMARC Group research, Saudi Arabia’s luxury market size reached $8.3 billion in 2022.
The market is forecast to reach $15.8 Billion by 2028, exhibiting a compound annual growth rate of 11.6 per cent for the 2023-2028 period.
