TROUBLED Brands
Slow Dubai mall sales threaten luxury shopping recovery
Revenues at the Mall of the Emirates were down as much as 50% for some labels in March, pointing to a broad pullback in discretionary spending
Charles Crowell/Bloomberg via Getty Images
Shoppers walk past a Dior store in the Dubai Mall
Add The Circuit on GoogleFaltering sales in Dubai are threatening a much-needed recovery for the luxury retail market, just as LVMH, Kering and Hermès prepare to report earnings.
Revenues at Mall of the Emirates were down 30-50% for some brands in...
