Monthly Archives: March 2016

New pavillions for Dubai EXPO 2020 revealed

Posted By admin March 20, 2016

The 3 “values” of Dubai EXPO 2020 are Mobility, Sustainability and Opportunity and the pavillions that represent each of these values have been awarded to major international architects. Clearly they have selected world-class firms that have set the bar very high for quality of design. Truly something to look forward to!

 

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Sustainability Pavillion
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Opportunity Pavillion
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Sustainability Pavillion

Dubai’s Al Shindagha area gets a new mall

Posted By admin March 20, 2016

http://gulfnews.com/business/sectors/retail/dubai-s-al-shindagha-area-gets-a-new-mall-1.1659790

 

Dubai: Residents and tourists in Dubai’s Al Shindagha area now have a new mall where they can shop, dine or watch a film.

City Centre Al Shindagha, which opened its doors on Monday, features 75 stores, such as a Carrefour hypermarket, Splash, Babyshop, and consumer electronics store Sharaf DG, as well as 10 fast food restaurants and four cafes. In terms of entertainment centres, the mall also includes a Magic Planet and a seven-screen Vox Cinemas. The shopping centre covers 24,500 square metres of gross leasable area (GLA).

 

Hamad Al Lawati, manager of community malls at Majid Al Futtaim (MAF) Properties, said that there is a demand for the mall, which has a value of more than Dh150 million, in Al Shindagha.

 

“We have seen a need [for the mall] in the Al Shindagha area. It is a dense area from a population point of view. There are a lot of people living here, a lot of tourists come to this area and there are a lot of offices here,” he told Gulf News at City Centre Al Shindagha on Monday.

 

Colin Beaton, managing director of retail consultancy Limelight Creative Services, said that there is a focus now on developing community malls in Dubai.

 

“For the last decade, there has been a focus on big format malls in Dubai. This led to pent up demand for smaller malls,” he said.

 

The mall’s opening comes at a time when retail sales have softened in the country due to low oil prices and a strong dollar, which the Emirati dirham is pegged to, against currencies like the euro and rouble, which have made a holiday in the country more expensive for European and Russian tourists.

The UAE’s retail sector is expected to expand this year, but at a slower rate compared to 2015. Consultancy Euromonitor International forecasts the market’s value to grow 7 per cent to $53.7 billion [Dh197 billion] this year, lower than the 8 per cent rate in 2015.

 

Beaton said that community malls are “less susceptible to economic downturns” since they offer products and services that people need rather than discretionary goods.

 

 

The Evolution of Auto Branding: A New Retail Sector

Posted By admin March 20, 2016

This is “Intersect” by Lexus, their new F&B concept that reflects the lifestyle and sophistication of their customers and the next generation of their brand positioning. There are only 2 in the world, one in Tokyo and one here in Dubai at DIFC Gate Village, a third is opening in New York later this year. There is, in fact, very little obvious Lexus branding, it shows up very subtly in places such as the wood screen behind the exterior glazing which is comprised of the geometry of the front grill of the car, or a leather accessory which has the grill shape integrated into the clasp. There is a show car downstairs (they rotate the cars) that rests on a transparent floor covering Lexus car parts all painted matte white; nicely designed and detailed, this is just cool. This environment is elegant, sculptural, contemporary and refined,  a place for worldly gentlemen who value understatement. This is a bold move by Lexus and raises the bar on how to express your brand in new and innovative ways. Plus, it’s a really nice restaurant, well done!

 

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