\u00a0is a new luxury shopping and entertainment district in Riyadh that opened its doors to the public on May 11.<\/span><\/p>\nAccording to<\/span>\u00a0IMARC Group<\/span><\/em>\u00a0research, Saudi Arabia’s luxury market size reached $8.3 billion in 2022.\u00a0<\/span><\/p>\nThe 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.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Lebanon-based high-end fashion brand\u00a0Elie Saab\u00a0has opened a new flagship store at Via Riyadh, Saudi Arabia<\/p>\n","protected":false},"author":40,"featured_media":20081,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4484,1],"tags":[4548,2683,4842],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22951"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=22951"}],"version-history":[{"count":2,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22951\/revisions"}],"predecessor-version":[{"id":22953,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22951\/revisions\/22953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/20081"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=22951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=22951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=22951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}