Retailers target Dubai
World BusinessAug 29, 2011
Limited Brands Inc., operator of the Victoria’s Secret chain, and American Eagle Outfitters Inc. are among retailers seeking a foothold in Dubai as consumer confidence in the emirate reaches a seven-year high. Sales in Dubai are up about 10 percent this year, according to store companies such as Rivoli Group, which sells watches from brands including Tissot, Burberry, Gucci and Cartier. U.S. ret...