Chalhoub Group news and archive

Chalhoub Group acquires strategic stake in US label Willy Chavarria

US fashion brand Willy Chavarria is set to advance its international growth with new investors. On Wednesday, the Dubai-based retail group Chalhoub Group announced the acquisition of a “strategic minority stake” in the clothing company, founded in 2015 by Willy Chavarria and David Ramirez. In addition to the Chalhoub Group, investment firms FAE...

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Chairman Patrick Chalhoub: "I am not at all worried about luxury industry"

The Chalhoub Group contributes to the success of luxury brands through joint ventures and distribution agreements. Although diverse luxury fashion houses recently saw their sales and profits decline, chairman and former chief executive officer Patrick Chalhoub sees no reason to worry about the luxury industry. Chalhoub was interviewed at the...

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Business

Personal shopper platform Threads Styling acquired by Chalhoub Group

Dubai-based Chalhoub Group announced it has acquired a majority stake in Threads Styling, a digital luxury player that sells high-end wares via a personal shopping platform. Terms of the deal were not disclosed, however Threads Styling Ltd posted revenue of 46 million pounds in 2021, and sells everything from fine jewellery to hard to find and...