Chalhoub Group Invests in Boltable Studio for Metaverse Retail Innovation

This investment emphasizes Chalhoub Group's commitment to exploring innovative virtual retail avenues and strengthening its presence in the metaverse.In 2022, Chalhoub Group initiated its journey into the metaverse and Web3 by launching a collection of 529 exclusive NFTs for its French luxury silverware brand, Christofle. These NFTs sold out within 5 minutes. Following this success, the Group introduced phygital sneakers for Level Shoes’ 10th anniversary celebration. In 2023, Chalhoub Group continued its pioneering efforts by unveiling the first-ever web3-native streetwear label SOL3MATES. .Expanding upon the successful exploration of the Metaverse, Chalhoub Group's investment in Boltable Studio is a key element of a holistic strategy to integrate web3 and virtual retail into its business model. This strategic move positions the Group to navigate future market changes effectively while mitigating resource risks. Furthermore, it represents a significant stride toward the future of virtual Shopping. Prior to their partnership, Chalhoub Group & Boltable Studio collaborated on the virtual Roblox collection for Christofle. In 2023, fifteen virtual items, created by Boltable Studio, sold over 120,000 times on Roblox, highlighting the platform’s significant potential.The partnership with Christofle is a testament to Boltable's ability to translate traditional luxury into the digital space, resonating with a new generation of consumers. Chalhoub Group has additional partnerships in progress to introduce (luxury) brands to Roblox.Nick Vinckier, Director of Corporate Innovation at Chalhoub Group, commented: “Our investment in Boltable Studio is a strategic step towards understanding and leveraging the metaverse and platforms like Roblox. These digital spaces are not just gaming platforms; they are the community centers and shopping destinations of the future, where we can connect with the customers of tomorrow, today. Partnering with a leader like Boltable Studio, renowned for their Roblox expertise and successful in-game brand Prince Clothing, aligns perfectly with our vision to be at the forefront of retail innovation.”Zain Tambe, founder and CEO of Boltable Studio added: "Partnering with Chalhoub Group is a game-changer for Boltable Studio. Our years of experience in Roblox position us uniquely to bring luxury retail into this vibrant digital world. This partnership is more than an investment; it's a fusion of Chalhoub Group's luxury expertise with our innovative approach in Roblox, setting a new standard in virtual retail. Together, we're not just entering the Roblox ecosystem; we're redefining luxury retail for a new, digitally-savvy audience,"Based in Abu Dhabi, Boltable Studio has been a trailblazer in the Roblox world since 2016. Their in-house brand, Prince Clothing, has sold over 30 million virtual items, demonstrating their profound understanding and success in this domain.

Tasawar by Snap Inc.: A first-of-its-kind AR exhibition redefining Saudi fashion

Snapchat, in collaboration with the Ministry of Culture and the Saudi Fashion Commission, is thrilled to announce TASAWAR, an avant-garde augmented reality (AR) exhibition that pushes the boundaries of fashion and creativity through technology. Taking place during Riyadh Fashion Week, TASAWAR will run from October 21 to 24 at the King Abdullah Financial District in Riyadh, welcoming local partners, Snap Stars, fashion aficionados, as well as the general public to experience as the worlds of fashion and technology collide. The event will showcase collections from five renowned Saudi designers including Hekayat, Hindamme, ArAm, Abadia, and KAF by KAF. TASAWAR, which means "imagine" in Arabic, takes the imagination of every visitor on a journey that enriches the senses. A world where the beauty of fashion design meets the power of AR technology in a series of captivating experiences and activations. The exhibition will deliver an immersive guest-journey featuring designer showrooms, virtual runways, dress try-ons, headpiece selfie lenses, and more. These experiences will come to life through Snapchat's camera and innovative AR technology, aiming to enhance the real world, not replace it with virtual reality. Striving to educate and inspire designers from Saudi and across the region, the event will host expert keynote and panel discussions led by TASAWAR's content partner, Chalhoub Group, a leader in luxury retail and innovative solutions, covering topics such as “A Thriving Fashion Landscape in KSA”, “The Future of Fashion in KSA” and “Fusing Creativity and Technology: The Future of Design”.Snapchatters will also be able to celebrate the inaugural edition of Riyadh Fashion Week with an immersive 3D Bitmoji lens that embodies the very essence of the fashion runway. Fashion aficionados will be able to stride confidently onto the Riyadh Fashion Week runway in the most personalized experience by leveraging their very own Bitomji, allowing them to be the main star of the show.Noha Kattan, Deputy Minister of National Partnerships and Development at the Ministry of Culture said, “The Ministry of Culture is dedicated to enhancing collaboration between the public and private sectors in addition to driving cultural exchange. The TASAWARexhibition, which is considered a key outcome of our strong partnership with Snap Inc., marks a significant stride forward in enhancing the national cultural scene and propelling the fashion industry into new horizons by integrating it with the world of technology.” She continued,“The Ministry of Culture will move ahead with its efforts to provide a nurturing environment for Saudi talents, support them in building their distinctive businesses and brands as well as equip them with innovations that will allow them to reach global audiences while also highlighting the depth of our culture and its unique attributes.”“Snapchat, deeply ingrained in the daily lives of Saudis, boasts over 22 million monthly users who use the platform to easily and authentically connect with those who matter most to them. This responsibility drives us to give back to the community and actively support the flourishing local talent, the dynamic creative scene, as well as the booming business ecosystem. This is precisely what we are achieving through TASAWAR, we're empowering the next generation of Saudi designers and brands that are leading the way in the digital transformation at play in Saudi Arabia by leveraging our AR technology and our ecosystem of local partners and creators,” said Abdulla Alhammadi, Regional Business Lead at Snap Inc. With over 85 percent of users in KSA interacting with lenses everyday, Snapchat's mission is to unlock previously unimaginable creative possibilities through AR, and help make the fashion industry even more personal, accessible and convenient. TASAWAR comes as part of a partnership between Snapchat and the Ministry of Culture to promote the inaugural edition of Riyadh Fashion Week globally. With its innovative approach, TASAWAR promises to be a must-visit exhibition that showcases the limitless possibilities of AR in the industry, changing the way people experience fashion and beauty.

Colm McLoughlin Named One of the 100 Images RetailME Icons of Retail

Dubai: Duty Free Executive Vice Chairman & CEO, Colm McLoughlin was named as one of the 100 Images RetailME Icons of Retail at an exclusive celebration and awards gala held on 14th June at the Address Dubai Marina.Organised by Images RetailME, a retail intelligence media brand in the Middle East, the Icons of Retail Awards recognised the outstanding achievements and invaluable contributions of aspirational and transformational retail leaders in the MENA region.Mr. McLoughlin was acknowledged for his visionary leadership that has resulted in Dubai Duty Free's success in retailing for 40 years now.Prior to the evening awards gala, McLoughlin was one of the speakers at the Images RetailME symposium on transformational retail leadership entitled “THINK! I CAN!”. The one-day programme, which focused on the idea of decoding ‘what makes an ICON’, aimed at creating a day of learning for the retail industry and to help create the industry’s next Icons.During his session, where he was interviewed by DXB Today host Katie Overy, McLoughlin talked about his role on Dubai Duty Free’s 40 years of retail success.On receiving the award, McLoughlin said, "I’m deeply honoured and very touched to be named as one of the 100 Icons of Retail in the MENA region. My thanks to Images RetailME team for organising the event and thanks to the jury. As always, my thanks to our Chairman, H.H. Sheikh Ahmed bin Saeed Al Maktoum and to our extraordinary team of employees."As a tribute to all the Icons, a first-of-its-kind ICONS Book was also launched that evening.The ICONS of Retail Yearbook is an initiative to recognise the transformational achievements of MENA’s most powerful retail personalities who have, through their efforts, brought about iconic changes to the domain of retail. The honorees list divided into four segments – the Legacy Makers, the Visionaries, the Trailblazers, and the Disruptors, has been painstakingly compiled following a year-long process of research, analysis, and adjudication. Joining McLoughlin in the list are Patrick Chalhoub, CEO of Chalhoub Group, Renuka Jagtiani, CEO of Landmark Group, M. A. Yusuff Ali, Chairman and Managing Director of LuLu Group International and Toufic Kreidieh, CEO of Brands for Less to name a few.McLoughlin was accompanied by his wife Breeda at the awards gala, along with Salah Tahlak, Joint COO, Sinead El Sibai, SVP – Marketing, Dr. Bernard Creed, SVP – Finance, Michael Schmidt, SVP - Retail and Sharon Beecham, SVP – Purchasing.

Skin Care Nation by Faces debuts in Saudi Arabia

Dubai: FACES, the leading beauty retailer in the Middle East and a proud own brand of Chalhoub Group is thrilled to announce the arrival of its successful SKIN CARE NATION in Saudi Arabia.David Vercruysse, President of Managed Companies at Chalhoub Group, emphasizes, "The skin care market is a strategic focus for us in 2023. We are expanding our clean beauty portfolio, committing to offer sustainable and science-backed skin care products to consumers in the region. The arrival of SKIN CARE NATION aligns perfectly with the key macro trends shaping the future of the beauty industry."SKIN CARE NATION, a unique skin care concept, combines technology, scientific research, and expert knowledge to deliver an extraordinary skin care experience to our customers. Supported by top international skin care brands, the initiative is set to take Saudi Arabia's skin care landscape by storm.The heart of the SKIN CARE NATION experience is education. Patrice Brosson, the Managing Director at FACES, states, "We invite customers on a rewarding journey to discover everything about skin care. From expert routines to potent ingredients, customers will gain a wealth of knowledge tailored to their unique skin type and concerns. We aim to design personalized skin care routines in a playful and engaging manner."The SKIN CARE NATION pop-up store, launching at Granada Mall from May 27 to June 11, 2023, will offer a diverse portfolio of highly effective products. These products will be categorized into distinct routines, allowing customers to identify and select the best solutions for their skin concerns.Our customer journey covers three main stages at our central podium. The journey begins with an introduction to our concept, followed by a skin diagnosis to identify main skin concerns. This guidance will lead customers to their targeted 'nation' routine, where they will learn about skin care solutions across five key nations - Morning, Night, Skin Solutions, Eye Care, and Glow.The pop-up will feature a variety of the best skin care brands, including glamorous prestige brands, ultimate premium brands, and trending skin care brands. We are excited to welcome brands such as Alya Skin, Augustinus Bader, Beesline, Bioderma, BRTC, Clarins, Clinique, Elizabeth Arden, Erborian, Estée Lauder, Givenchy, Higher Education, Lancôme, La Mer, L'Occitane, Origins, ROC, Shiseido, and Sisley, Some By Mi to our lineup.Customers will not only have the opportunity to build their customized skin care regimen but also to enjoy attractive pre-kitted offers and engage in a rich daily program of skin care talks and activities.By integrating education, tools, and support, SKIN CARE NATION aims to create an emotionally connected and unforgettable experience. Our ultimate goal is to help everyone love the skin they are in. Join us at the SKIN CARE NATION podium in Granada Mall from May 27th and discover your customized skin care routine.