Your account has been succesfully created.

Spotlight | Middle East
Luxury crisis provides bonanza for Gulf royals

Reading time 3 min
The Gulf's ruling families are increasingly competing to buy up Western luxury brands.
The Gulf's ruling families are increasingly competing to buy up Western luxury brands. © Studio Pachamama

Competition between the Gulf's ruling families for investment in Western luxury brands has been sharpened by the crisis in the sector. From Abu Dhabi to Manama, via Dubai and Doha, the princes of the Gulf are busy bidding for struggling fashion houses.

Read also

On our other sites

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!