DUBAI — Chalhoub Group has signed a partnership with French jewelry brand Korloff to relaunch its retail presence in the UAE, Qatar and Bahrain. This is the first step in a new growth strategy for the company, which recently added watches, jewelry and eyewear as a key new vertical. Michael Chalhoub, president of joint ventures and Strategy, Growth, Innovation & Investment for Chalhoub Group, emphasized the importance of this new pillar within the company. The Chalhoub Group went through a restructure a year and a half ago with Michael, third generation in the family business, leading growth and investment. High jewelry was not particularly on our radar in the decades preceding.

Source: Wall Street Journal June 05, 2022 07:33 UTC