Abercrombie & Fitch, the American fashion retailer, will open its first store in the UAE in Dubai’s Mall of Emirates (MOE).
The fashion brand is part of a joint venture with UAE based Majid Al Futtaim Fashion. The 18,000 sq ft store, which opens on Saturday, is one of the largest A&F mall-based stores in the world with a focus on the Abercrombie kids brand. It will be the third Abercrombie & Fitch store opened in the region following two stores in Kuwait earlier this year.
“International expansion in key growth markets remains a priority for Abercrombie & Fitch and we are delighted to bring a new store to the Middle East,” said Michael Scheiner, senior director, marketing & communications at Abercrombie & Fitch. “We know that there is a strong affinity for our brand in this part of the world, and we are excited to continue our development in the
region in partnership with Majid Al Futtaim Fashion.”
Majid Al Futtaim Fashion is the fashion retailing arm of Majid Al Futtaim, the group that owns and runs MOE and other City Centre branded malls.
The past 12 months has not provided the returns for retailers offered in previous years due to the weakening of certain currencies against the US dollar and fewer Chinese and Russian buyers. The exchange rate versus the US dollar means that people buying in euros and sterling find the UAE more expensive.
Majid Al Futtaim Fashion currently works with a number of leading fashion brands throughout the GCC & Levant region including Hollister, Juicy Couture, Hoss Intropia, Halston Heritage and Jane Norman. Majid Al Futtaim Fashion recently announced strategic partnerships with leading brands AllSaints, Maisons du Monde and lululemon athletica.
Industry experts feel that while global economic trends are buffeting the retailing environment, the UAE is still a resilient and positive climate.
“While luxury has been hit hard by the strong dollar and certain international travellers not arriving in the UAE, elsewhere it is positive,” said Diana Jarmalaite, research analyst with Euromonitor International.
“While mid-range fashion like Abercrombie & Fitch is a very competitive scene it is also a resilient sector because it is underpinned by the UAE residents who still have a very high disposable income. The newer brands are opening in MOE because it has just opened a new extension offering sparkling, bigger spaces for international brands – while tourists may be the target MOE still caters to many residents so it is well positioned.”
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UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
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Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
Benefits of first-time home buyers' scheme
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- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
The Programme
Saturday, October 26: ‘The Time That Remains’ (2009) by Elia Suleiman
Saturday, November 2: ‘Beginners’ (2010) by Mike Mills
Saturday, November 16: ‘Finding Vivian Maier’ (2013) by John Maloof and Charlie Siskel
Tuesday, November 26: ‘All the President’s Men’ (1976) by Alan J Pakula
Saturday, December 7: ‘Timbuktu’ (2014) by Abderrahmane Sissako
Saturday, December 21: ‘Rams’ (2015) by Grimur Hakonarson
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The biog
Job: Fitness entrepreneur, body-builder and trainer
Favourite superhero: Batman
Favourite quote: We must become the change we want to see, by Mahatma Gandhi.
Favourite car: Lamborghini
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
MATCH INFO
Real Madrid 2 (Benzema 13', Kroos 28')
Barcelona 1 (Mingueza 60')
Red card: Casemiro (Real Madrid)
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
Indian construction workers stranded in Ajman with unpaid dues
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
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Profile
Name: Carzaty
Founders: Marwan Chaar and Hassan Jaffar
Launched: 2017
Employees: 22
Based: Dubai and Muscat
Sector: Automobile retail
Funding to date: $5.5 million