Spotlight | Middle East
Qatar mega-mall Place Vendome stakes claim on luxury windfall

Place Vendôme shopping centre, located in the new district of Lusail, 15 km from Doha.
Place Vendôme shopping centre, located in the new district of Lusail, 15 km from Doha. © Studio Pachamama
Qatar is intent on recouping some of the funds its nationals spend in the boutiques of Paris, London and Geneva. With some of the world's most avid luxury consumers, the emirate is growing its own investment in the sector, sharpening its efforts before football's World Cup kicks off there in November. [...]
Published on 29.09.2022 at 06:30 GMT Reading time 3 minutes

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Further reading

France, Switzerland
The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

Twelve years after the aborted LVMH raid on Hermès, and three years after the expiry of the non-aggression pact negotiated between the luxury giant and the Faubourg St Honoré based leather goods manufacturer, the status of the shares of one of the few members of the three shareholding families to have joined forces with LVMH, Nicolas Puech, remains shrouded in mystery.

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