The retail arm of Dubai World is dropping a raft of brands as part of a radical overhaul of the company.
Retailcorp World, which used to be known as Nakheel Retail, has closed its Lamborghini branded cafes and has cancelled plans to bring the US gourmet grocery chain Balducci’s and the urban fashion brand Joe Bloggs to the region.
Retailcorp World, which used to be known as Nakheel Retail, has closed its Lamborghini branded cafes and has cancelled plans to bring the US gourmet grocery chain Balducci’s and the urban fashion brand Joe Bloggs to the region.
The company will instead focus on its more profitable and less risky sports stores, said Abdul Wahid al Ulama, the executive vice chairman of Retailcorp World.
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