Business & Money | Wednesday 18 May, 2016 5:32 am |

The third edition of Arab Luxury World – the conference on the business of luxury in the middle east – will see 700 regional and global professionals from the premium goods and services sector congregate in Dubai next month to discuss problems and offer solutions to all of the industry’s stakeholders.

 

Organised by Mediaquest – one of the leading publishing houses in the UAE, with magazines such as Gulf Marketing Review, Saneou Al Hadath and TRENDS, among others – this two-day conference at The Westin Dubai Mina Seyahi on June 1 and 2 will dissect in depth all of the facets of the luxury industry through more than 30 panel discussions, presentations and private sessions.

 

The annual gathering will be attended by high-profile individuals and international experts spanning the entire sector, including entrepreneurial businesspeople, distributors, fashion designers, manufacturers and retailers, as well as consumers and decision-makers, from across the GCC region and beyond.

 

The collapse of old business models, disruptions from technological advances, strategic rethinks, rapid changes and the risks from an increasingly integrated global economy are just some of the factors that have led to ‘The New Normal’ in the industry worldwide. The conference will examine what this “New Normal” means for the premium goods and services sector in the wider Middle East in general, and GCC in particular.

Julien Hawari, Co-CEO of Mediaquest, commented: “The 2016 arab luxury world conference will witness an assembly of basically anybody who is somebody in the business of luxury to discuss the challenges, opportunities and potential of the premium and ultra-premium goods and services markets.”

 

“For this year’s conference, we’ve decided to have an overarching theme of ‘The New Normal,’ with more than 30 separate activities spread over the two days. We’ve also invited luxury brands to provide us with an insight into their understanding of the luxury market,” he added.

Some of the subjects and topics that will come up for debate in the panel discussions, presentations and private sessions are as follows: ‘Digital Strategy,’ ‘Effective Data Management,’ ‘Fashion Trends,’ ‘Focusing On The Core,’ ‘Luxury Hidden Codes,’ ‘Powering Saudi Arabia,’ ‘Taxes, VAT and Consequences’ and ‘The Rise Of Community Malls.’

 

First launched in 2014, last year’s arab luxury world conference saw approximately 750 industry professionals and 80 media representatives hear from 140 speakers.

 

Now set against a backdrop of a global economy at risk of recession, this forthcoming edition will provide a platform for luxury industry stakeholders to prepare themselves for such challenges and still ensure growth regardless.

 

This year’s conference is sponsored by Chalhoub Group, INFINITI, OMD, Laha magazine and Jamalouki magazine.