According to Goldstein Research analyst forecast the UAE luxury goods market is set to expand at a CAGR of 7.1% during the forecast period 2017-2025. Moreover, the market is projected to reach USD 7.8 Billion by 2025 owing to rapid urbanization and development of shopping centres and malls in order to expand their tourism industry and the; government aims to develop UAE as one of the biggest shopping destinations across the globe. A hidden or niche market which has always been overlooked but bring in the revenue to the destination is luxury re-sale retail travellers. This is a market which has always been on the sidelines as it is a trend only for those high-end travellers. From London to Dubai, the famous family-owned pre-loved store opened recently in Dubai to make it easier for high-end travellers to purchase or re-sell their goods in the luxury space. London’s leading luxury re-sale retailer ‘Love Luxury’ now opened in Dubai, located in Business Bay, the family-run store specialises in high-end pre-loved designer bags, jewellery and watches. As one of the UK’s largest retailers of pre-loved Chanel, Hermès, Van Cleef & Arpels and Rolex, Love Luxury has expanded to the UAE, bringing their expertise, and second-to-none service to the people of Dubai. As well as sourcing the most in-demand high end accessories from the world’s leading luxury fashion houses, Love Luxury also offer same day pay-outs for those looking to sell or trade their pre-loved designer products, as well as offering a consignment option. Founded by husband-and-wife duo Adam and Emily Abraham shared with TTME their reason to select Dubai and how this venture would bring in many clientele from GCC as they all select …
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