Chalhoub Group signs exclusive partnership with French jewellery brand Korloff

Leading partner, curator and creator of luxury products and services in the Middle East, Chalhoub Group signed an exclusive partnership with French jewellery brand Korloff to relaunch its retail presence in the UAE, Qatar and Bahrain, in line with their new global brand identity. Insights from the Chalhoub Group’s recently released “GCC Personal Luxury in 2021: A Story of Early Recovery and Growth” report indicates that the high jewellery and luxury watches segment in the GCC was worth US$3.9 billion in 2021 and growing at 16 percent vs 2019. Estimates indicate that the GCC high jewellery and luxury watches segment is set to grow up to 8 percent by 2023, indicating the significance of the market.