High-end fashion sales in the GCC outperformed 2019 by 39 per cent, driven mainly by the absolute luxury segment at 55 per cent, according to Chalhoub Group. AFP
High-end fashion sales in the GCC outperformed 2019 by 39 per cent, driven mainly by the absolute luxury segment at 55 per cent, according to Chalhoub Group. AFP

Business

Economy

GCC luxury sales surpassed pre-pandemic level by 23% in 2021

The market is projected to reach $11bn in 2023 from $9.7bn in 2021, a study by Chalhoub Group shows

Deepthi Nair
Deepthi Nair

March 25, 2022