{"id":19771,"date":"2022-11-29T16:46:15","date_gmt":"2022-11-29T16:46:15","guid":{"rendered":"https:\/\/www.meretailnews.com\/?p=19771"},"modified":"2022-11-29T16:51:47","modified_gmt":"2022-11-29T16:51:47","slug":"middle-easts-retail-sector-is-set-for-sustainable-growth-over-next-decade-alpha-nero-reveals","status":"publish","type":"post","link":"https:\/\/www.meretailnews.com\/2022\/11\/29\/middle-easts-retail-sector-is-set-for-sustainable-growth-over-next-decade-alpha-nero-reveals\/","title":{"rendered":"Middle East\u2019s luxury retail sector is set for sustainable growth over next decade, Alpha Nero reveals"},"content":{"rendered":"
The company reveals its forecasts for the Middle East\u2019s luxury retail sector over the next decade, prompted by the surging demand from the world\u2019s top luxury brands<\/a> as more shopping malls and touristic destinations plan to launch in the upcoming years.<\/span><\/p>\n Founder and managing partner of Alpha Nero, Simon Hacker, said: \u201cThe GCC is emerging as the world\u2019s top tourist and financial hub, and the region is already hosting the largest international events such as EXPO 2020, Fifa World Cup 2022<\/a> and the World Government Summit. We are witnessing an increasing demand from luxury brands to expand their presence as the number of visitors to the region will grow at a steady pace over the next decade.\u201d<\/span><\/p>\n
\nLuxury brands<\/a> pursuing innovative and green solutions are bound to transform the shopping ecosystem, according to the estimates of Alpha Nero, one of the most prominent design and shop fit-out manufacturing companies in the Middle East.<\/span><\/p>\n