Majid Al Futtaim, a family-owned conglomerate which operates procuring malls, retail and lodge institutions within the Center East and North Africa, has unveiled luxurious retail enlargement plans with Italian model partnerships and greater than 30 new shops throughout the Center East in 2025.
The enlargement technique consists of the introduction of Eleventy, Corneliani and Poltrona Frau shops in prime areas throughout the United Arab Emirates (UAE) and Saudi Arabia.
The corporate goals to open 5 standalone Eleventy shops at locations equivalent to Solitaire Mall in Saudi Arabia and Mall of the Emirates within the UAE. Dubai Mall and The Grove may even host Eleventy later within the 12 months.
The transfer is in response to rising shopper demand for Italian high quality and craftsmanship.
Majid Al Futtaim life-style CEO Fahed Ghanim said: “In a area the place prospects have an abundance of alternative, our ambition is to curate a portfolio of luxurious manufacturers that supply one thing actually distinctive. By introducing manufacturers like Eleventy, Corneliani, and Poltrona Frau, we’re bringing new dimensions to the posh market — combining timeless craftsmanship with trendy sensibilities that resonate with the refined tastes of our prospects.
“At Majid Al Futtaim, our work with luxurious manufacturers has been deeply rooted in THAT Idea Retailer, which has been instrumental in figuring out and nurturing manufacturers with the potential to thrive on this market. Eleventy’s journey, from its preliminary shop-in-shop to standalone shops, is a testomony to how we take a look at, scale and develop international luxurious manufacturers. This strategic method permits us to repeatedly evolve the posh retail expertise, delivering contemporary, distinctive choices that resonate with our prospects.”
Eleventy’s enlargement capitalises on its current regional footprint, which already encompasses a shop-in-shop idea retailer and a pop-up location at Mall of the Emirates.
Marina Mall Abu Dhabi welcomed its first standalone Eleventy retailer in partnership with Majid Al Futtaim in November 2024.
The collaboration between Majid Al Futtaim and Poltrona Frau will probably be additional solidified with the launch of the model’s first retailer exterior of the UAE in Riyadh’s Centria Mall in Might 2025.
Corneliani has already made its regional debut with a retailer opening in April at Solitaire Mall.
In early 2025, Majid Al Futtaim announced a strategic shift in Oman, changing Carrefour with Hypermax.
The retailer’s development trajectory follows a profitable 2024, marked by a 26% income enhance and a notable 31% increase in digital gross sales.
The 12 months additionally noticed the addition of 17 new shops to Majid Al Futtaim’s portfolio, elevating the full to 87.
