Chalhoub Group Explained

Chalhoub Group
Founder:Michel Chalhoub
Widad Chalhoub
Area Served:Middle East
Key People:[1] [2]
Industry:Luxury Fashion
Products:Beauty
Fashion & accessories
Location City:Dubai
Location Country:UAE

Chalhoub Group (Arabic مجموعة شلهوب) is a privately held luxury goods retailer and distributor, headquartered in Dubai, UAE.

The Chalhoub Group is the largest retail operator in the Middle East and a member of the International Association of Department Stores since 2023. The company has more than 14,000 employees in 14 countries.[3]

History

Chalhoub Group was founded by Michel and Widad Chalhoub in 1955, in Damascus, Syria with a store selling Christofle.[4] [5] Because of the narrow market and economic uncertainty in Syria, the family moved to Beirut, Lebanon in 1965 to enable expansion into the Near East and the Gulf region.[6] When the civil war broke out in Lebanon in 1975, they relocated to Kuwait, where they had a subsidiary.[7] They then moved their main office to Dubai, UAE in 1990.[8]

Their sons Anthony and Patrick took over as co-CEOs in 2001.[9] [10] [11] [12] Their elder son, Anthony, passed away in December 2018, leaving Patrick as President.[13] [14] [15] [16]

Current operations

Chalhoub Group is active in the luxury, fashion and beauty sectors in the Middle East through three types of activities: distribution, regionally and locally in 8 countries; retail, with over 750 stores; and marketing services. Some of Chalhoub’s joint ventures, which allow a co-management with the brands, include Louis Vuitton, Dior Couture, Sephora, Fendi, Puig, Celine, Givenchy, Louboutin, and Havas.

Some of the group's retail franchises include Saks Fifth Avenue, Loewe, Carolina Herrera, Swarovski, Lacoste, and Michael Kors. The distribution franchise includes L’Oréal Luxury.[17] [18] [19]

In January 2018, the group entered into a joint venture agreement with Farfetch, a UK-based online luxury fashion retailer. The agreement allows the group to feature some of its brands on the latter's online platform. As part of the agreement, the group agreed to share its distribution and marketing services and curate content in Arabic for the brand.[20] [21]

In June 2022, Chalhoub Group signed a partnership with French jewelry and watches brand Korloff to launch five stores in the UAE, Bahrain and Qatar.[22] In September 2022, the group acquired a majority stake in the London-based personal shopping e-commerce retailer Threads Styling.[23] The group acquired all shares of the company, with the exception of shares owned by its founder, Sophie Hill.[24] [25]

The group created and is operating several retail own-concepts, including Tanagra, a lifestyle gift chain with nine stores; Wow by Wojooh, a makeup line; Ghawali, a luxury oriental fragrance brand; Level Shoes, spanning 96,000 square feet, with 40 designer boutiques; and department store Tryano.[26] [27] The group has also acquired Christofle in 2017.

The group has focused on developing its human resources; the Chalhoub Retail Academy for front-line staff was established in 2007 in Dubai and in 2009 in Saudi Arabia.[28] The Chalhoub Group has also developed a professorship in luxury brand management with the American University of Sharjah.[29] [30]

Sustainable engagement

In 2018, the group received the CSR Label from the Dubai Chamber of Commerce for the sixth consecutive year.[31] [32] The Group is a member of the United Nations Global Compact Community since 2014.[33]

Notes and References

  1. Web site: 2022-02-27 . Luxury retailer Chalhoub Group plans to almost double Saudi staff . 2022-10-20 . Arab News . en.
  2. Web site: Staff . Entrepreneur Middle East . 2018-06-21 . Middle East Luxury Retailer Chalhoub Group Invites Applications For Its Retail Accelerator . 2022-10-20 . Entrepreneur . en.
  3. News: Chalhoub Group co-CEO Anthony Chalhoub dies at 63. 19 December 2018. Gulf News.
  4. News: Patrick Chalhoub. 20 October 2016. The CEO Magazine.
  5. News: Tributes following the passing of Chalhoub Group founder Michel Chalhoub . Arabian Business . 2022-10-20.
  6. Web site: Pupic . Tamara . 2018-08-19 . Follow The Leader: Patrick Chalhoub, Co-CEO, Chalhoub Group . 2022-10-20 . Entrepreneur . en.
  7. Web site: Morris . Olivia . 2022-09-26 . Exclusive: How Ingie Chalhoub transformed the fashion scene in the region . 2022-10-20 . Emirates Woman . en.
  8. News: FEATURES: CHALHOUB GROUP – Entrepreneurial Drive and Sustainable Vision. 10 November 2015. Tharawat Magazine.
  9. News: Inside the House of Chalhoub. Hamdan. Lubna. 20 May 2016. Arabian Business.
  10. Web site: Middle East Luxury Retail Pioneer Michel Chalhoub Dies . 2022-10-20 . The Business of Fashion . en.
  11. Web site: Nair . Deepthi . 2021-08-01 . Middle East luxury retail pioneer Michel Chalhoub dies aged 89 . 2022-10-20 . The National . en.
  12. Web site: Woman . Team Emirates . 2021-08-01 . Dubai-based luxury retailer Chalhoub Group founder passes away . 2022-10-20 . Emirates Woman . en.
  13. News: Chalhoub Group Co-CEO Anthony Chalhoub Passes Away at 63. Altoukhi. Nour. 20 December 2018. Vogue Arabia.
  14. News: Chochrek . Ella . 18 December 2018 . Anthony Chalhoub, CEO of Chalhoub Group, Dead at 63 . Yahoo Finance .
  15. Web site: Upadhyay . Ritu . 2018-12-18 . Anthony Chalhoub, 63, Passes Away in Paris . 2022-10-20 . WWD . en-US.
  16. Web site: FR . FashionNetwork com . Anthony Chalhoub, patron du groupe Chalhoub, est décédé à Paris . 2022-10-20 . FashionNetwork.com . fr.
  17. News: Chalhoub Group: building brands in the Middle East. 13 January 2014. World Finance.
  18. News: Patrick Chalhoub. Ferris-Lay. Claire. 9 December 2010. Arabian Business.
  19. News: Patrick Chalhoub, co-CEO, Chalhoub Group. Mansour. Lara. 16 January 2017. A&E World.
  20. Web site: Bain . Marc . 2018-02-01 . The race to corner one of the world's up-and-coming fashion e-commerce markets . 2022-10-20 . Quartz . en.
  21. Web site: 2022-08-25 . CEO Neves: Farfetch-YNAP deal will be "transformational" for luxury . 2022-10-20 . Vogue Business . en-US.
  22. Web site: Upadhyay . Ritu . 2022-06-03 . Chalhoub Group Expands Into Fine Jewelry and Watches . 2022-10-20 . WWD . en-US.
  23. Web site: Salian . Neesha . 2022-09-28 . Chalhoub Group acquires majority stake in Threads Styling . 2022-10-20 . en-US.
  24. Web site: 2022-09-27 . Chalhoub Group takes majority stake in Threads Styling . 2022-10-20 . Vogue Business . en-US.
  25. Web site: Woman . Team Emirates . 2022-09-28 . UAE’s Chalhoub Group acquires majority in luxury e-commerce retailer Threads . 2022-10-20 . Emirates Woman . en.
  26. News: Henning . Kristen . 20 October 2015 . Chalhoub Group Receives FFANY's Retailer of the Year Award . Footwear News .
  27. News: McGlynn . Elizabeth . 2 July 2015 . Tryano: Chalhoub Group's second concept store . AMEInfo .
  28. Web site: Chalhoub Group: building brands in the Middle East . 2022-10-20 . www.worldfinance.com . en-US.
  29. News: Interview: Patrick Chalhoub, Co-CEO, Chalhoub Group. Aroche. Daniela. 12 January 2016. Luxury Society.
  30. News: Chalhoub Group makes Dh5 million endowment to AUS. Algethami. Sarah. 19 September 2013. Gulf News.
  31. News: Dubai Chamber awards CSR Label to 33 firms in H2 2018. 4 March 2019. Trade Arabia.
  32. Web site: Staff Report . Dubai Chamber presents 54 companies with CSR Label in H2-2021 . 2022-10-20 . Khaleej Times . en.
  33. News: Chalhoub Group signs UN Global Compact. Savenier. Anne-Sophie. 30 April 2015.

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