Dubai as the capital of a new-born fashion industry? Here is why I think it is possible. 1. THE RETAIL MECCA Dubai’s alluring and exotic modernity is tempting travellers from all over the world, making it one of the most desired holiday destinations. Market data are astounding: according to Bain’s luxury report, the Middle East is the tenth largest luxury goods market, with sales exceeding 6 billion euros. Dubai alone accounts for 30% of this amount. Those consumers bear an international trademark: market studies demonstrate that the city is the second favourite shopping destination in the world, overstepping even NYC. This success is partly due to Dubai’s affirmation as an…
