Saturday 18 February 2012

Bloomingdale's Dubai sales 'back on track' - Retail - ArabianBusiness.com

Macy's Inc chief executive Terry Lundgren has said sales at its Bloomingdale's store in Dubai are "back on track" after first year blues.
He told a group of aspiring fashion industry executives that sales in the first year of the Dubai store, which opened in 2010 as part of a $73m joint venture with Al Tayer Group, were disappointing.
But he added that sales had picked up in the second year of operations, without giving further details, Reuters reported.

No comments:

Post a Comment