Chalhoub Group was founded by Michel and Widad Chalhoub in 1955, in Damascus, Syria with a store selling Christofle.[4][5] Because of the narrow market and economic uncertainty in Syria, the family moved to Beirut, Lebanon in 1965 to enable expansion into the Near East and the Gulf region.[6] When the civil war broke out in Lebanon in 1975, they relocated to Kuwait, where they had a subsidiary.[7] They then moved their main office to Dubai, UAE in 1990.[8][9]
Their sons, Anthony and Patrick took over as Co-CEOs in 2001.[10][11][12][13] Their elder son, Anthony, passed away in December 2018, leaving Patrick as President.[14][15][16][17]
In January 2018, the group entered into a joint venture agreement with Farfetch, a UK-based online luxury fashion retailer. The agreement allows the group to feature some of its brands on the latter's online platform. As part of the agreement, the group agreed to share its distribution and marketing services and curate content in Arabic for the brand.[21][22]
In June 2022, Chalhoub Group signed a partnership with French jewelry and watches brand Korloff to launch five stores in the UAE, Bahrain and Qatar.[23] In September 2022, the group acquired a majority stake in the London-based personal shopping e-commerce retailer Threads Styling.[24] The group acquired all shares of the company, with the exception of shares owned by its founder, Sophie Hill.[25][26] The group created and is operating several retail own-concepts, including Tanagra, a lifestyle gift chain with nine stores; Wow by Wojooh, a makeup line; Ghawali, a luxury oriental fragrance brand; Level Shoes, spanning 96,000 square feet, with 40 designer boutiques; and department store Tryano.[27][28] The group has also acquired Christofle in 2017. The group has also focused on developing its human resources; the Chalhoub Retail Academy for front-line staff was established in 2007 in Dubai and at Saudi Arabia in 2009.[29] The Chalhoub Group has also developed a professorship in luxury brand management with the American University of Sharjah.[30][31]
Sustainable engagement
In 2018, the group received the CSR Label from the Dubai Chamber of Commerce for the sixth consecutive year.[32][33] The Group is a member of the United Nations Global Compact Community since 2014.[34]
^ abJones, Geoffrey (8 August 2018), "International Business and Emerging Markets in Historical Perspective", The Oxford Handbook of Management in Emerging Markets, Oxford University Press, pp. 54–76, doi:10.1093/oxfordhb/9780190683948.013.3, ISBN9780190683948