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Chalhoub Group

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Chalhoub Group
IndustryFashion & Luxury
FounderMichel Chalhoub
Widad Chalhoub
Headquarters
Dubai
,
UAE
Area served
Middle East
Key people
[1][2]
ProductsBeauty
Fashion & Accessories
Websitechalhoubgroup.com

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

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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][9]

Their sons, Anthony and Patrick took over as Co-CEOs in 2001.[10][11][12][13] Their elder son, Anthony, passed away in December 2018, leaving Patrick as President.[14][15][16][17]

Present operations

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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.[18][9] 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.[19][18][20]

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.[21][22]

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.[23] In September 2022, the group acquired a majority stake in the London-based personal shopping e-commerce retailer Threads Styling.[24] The group acquired all shares of the company, with the exception of shares owned by its founder, Sophie Hill.[25][26] 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.[27][28] The group has also acquired Christofle in 2017. The group has also focused on developing its human resources; the Chalhoub Retail Academy for front-line staff was established in 2007 in Dubai and at Saudi Arabia in 2009.[29] The Chalhoub Group has also developed a professorship in luxury brand management with the American University of Sharjah.[30][31]

Sustainable engagement

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In 2018, the group received the CSR Label from the Dubai Chamber of Commerce for the sixth consecutive year.[32][33] The Group is a member of the United Nations Global Compact Community since 2014.[34]

References

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  1. ^ "Luxury retailer Chalhoub Group plans to almost double Saudi staff". Arab News. 27 February 2022. Retrieved 20 October 2022.
  2. ^ Staff, Entrepreneur Middle East (21 June 2018). "Middle East Luxury Retailer Chalhoub Group Invites Applications For Its Retail Accelerator". Entrepreneur. Retrieved 20 October 2022.
  3. ^ "Chalhoub Group co-CEO Anthony Chalhoub dies at 63". Gulf News. 19 December 2018.
  4. ^ "Patrick Chalhoub". The CEO Magazine. 20 October 2016.
  5. ^ "Tributes following the passing of Chalhoub Group founder Michel Chalhoub". Arabian Business. Retrieved 20 October 2022.
  6. ^ Pupic, Tamara (19 August 2018). "Follow The Leader: Patrick Chalhoub, Co-CEO, Chalhoub Group". Entrepreneur. Retrieved 20 October 2022.
  7. ^ Morris, Olivia (26 September 2022). "Exclusive: How Ingie Chalhoub transformed the fashion scene in the region". Emirates Woman. Retrieved 20 October 2022.
  8. ^ "FEATURES: CHALHOUB GROUP – Entrepreneurial Drive and Sustainable Vision". Tharawat Magazine. 10 November 2015.
  9. ^ a b Jones, Geoffrey (8 August 2018), "International Business and Emerging Markets in Historical Perspective", The Oxford Handbook of Management in Emerging Markets, Oxford University Press, pp. 54–76, doi:10.1093/oxfordhb/9780190683948.013.3, ISBN 9780190683948
  10. ^ Hamdan, Lubna (20 May 2016). "Inside the House of Chalhoub". Arabian Business.
  11. ^ "Middle East Luxury Retail Pioneer Michel Chalhoub Dies". The Business of Fashion. Retrieved 20 October 2022.
  12. ^ Nair, Deepthi (1 August 2021). "Middle East luxury retail pioneer Michel Chalhoub dies aged 89". The National. Retrieved 20 October 2022.
  13. ^ Woman, Team Emirates (1 August 2021). "Dubai-based luxury retailer Chalhoub Group founder passes away". Emirates Woman. Retrieved 20 October 2022.
  14. ^ Altoukhi, Nour (20 December 2018). "Chalhoub Group Co-CEO Anthony Chalhoub Passes Away at 63". Vogue Arabia.
  15. ^ Chochrek, Ella (18 December 2018). "Anthony Chalhoub, CEO of Chalhoub Group, Dead at 63". Yahoo Finance.
  16. ^ Upadhyay, Ritu (18 December 2018). "Anthony Chalhoub, 63, Passes Away in Paris". WWD. Retrieved 20 October 2022.
  17. ^ FR, FashionNetwork com. "Anthony Chalhoub, patron du groupe Chalhoub, est décédé à Paris". FashionNetwork.com (in French). Retrieved 20 October 2022.
  18. ^ a b Ferris-Lay, Claire (9 December 2010). "Patrick Chalhoub". Arabian Business.
  19. ^ "Chalhoub Group: building brands in the Middle East". World Finance. 13 January 2014.
  20. ^ Mansour, Lara (16 January 2017). "Patrick Chalhoub, co-CEO, Chalhoub Group". A&E World.
  21. ^ Bain, Marc (1 February 2018). "The race to corner one of the world's up-and-coming fashion e-commerce markets". Quartz. Retrieved 20 October 2022.
  22. ^ "CEO Neves: Farfetch-YNAP deal will be "transformational" for luxury". Vogue Business. 25 August 2022. Retrieved 20 October 2022.
  23. ^ Upadhyay, Ritu (3 June 2022). "Chalhoub Group Expands Into Fine Jewelry and Watches". WWD. Retrieved 20 October 2022.
  24. ^ Salian, Neesha (28 September 2022). "Chalhoub Group acquires majority stake in Threads Styling". Retrieved 20 October 2022.
  25. ^ "Chalhoub Group takes majority stake in Threads Styling". Vogue Business. 27 September 2022. Retrieved 20 October 2022.
  26. ^ Woman, Team Emirates (28 September 2022). "UAE's Chalhoub Group acquires majority in luxury e-commerce retailer Threads". Emirates Woman. Retrieved 20 October 2022.
  27. ^ Henning, Kristen (20 October 2015). "Chalhoub Group Receives FFANY's Retailer of the Year Award". Footwear News.
  28. ^ McGlynn, Elizabeth (2 July 2015). "Tryano: Chalhoub Group's second concept store". AMEInfo.
  29. ^ "Chalhoub Group: building brands in the Middle East". www.worldfinance.com. Retrieved 20 October 2022.
  30. ^ Aroche, Daniela (12 January 2016). "Interview: Patrick Chalhoub, Co-CEO, Chalhoub Group". Luxury Society.
  31. ^ Algethami, Sarah (19 September 2013). "Chalhoub Group makes Dh5 million endowment to AUS". Gulf News.
  32. ^ "Dubai Chamber awards CSR Label to 33 firms in H2 2018". Trade Arabia. 4 March 2019.
  33. ^ Staff Report. "Dubai Chamber presents 54 companies with CSR Label in H2-2021". Khaleej Times. Retrieved 20 October 2022.
  34. ^ Savenier, Anne-Sophie (30 April 2015). "Chalhoub Group signs UN Global Compact".
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