Chalhoub Group, a major luxury player in the Middle East, sees the transition to the third generation. From January 1, 2025, Patrick Chalhoub steps down as CEO and pass the leadership to his son, Michael Chalhoub, 37. Patrick will continue in an executive chairman capacity, maintaining a strategic presence in the company, as reported by WWD. Michael, who has built significant experience in strategy, innovation, and joint ventures, will now focus on fostering key partnerships and pushing forward sustainability objectives in the business. As a leading distributor of luxury brands in the region, Chalhoub Group excels in the marketing of fashion, beauty, jewellery, and watches.