Monday, July 30, 2012

High-end UK labels set to arrive in the Middle East

A new initiative aims to bring British luxury goods to the Middle East Arabian Business magazine reported Saturday. The Anglo Arab Alliance (AAA), a business association with offices in the U.K. and Saudi Arabia, says it has started talks with U.K. brands and plans to provide “easy and efficient access” to the Middle East market for high-end labels.

The news comes following a report by Bain & Company, a business-consulting firm, predicting that the Middle East’s luxury goods market is set to grow by 15 percent this year.

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Source: http://www.albawaba.com/business/uk-luxury-middle-east-436149

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