It is noteworthy to mention here that the World Luxury Expo Series has gained momentum among many luxury brands of the world. Two World Luxury Expo were also conducted during the recent times. The inaugural event in this series was conducted successfully at the Burj Al Arab in Dubai and the second event in the series was held at Ritz-Carlton in Riyadh in February. World Luxury Expo is a platform where a selection of leading luxury brands of the world comes under one roof. Selected high net worth clientele had been invited to the event.
Abu Dhabi off late has been becoming a city that has made itself a luxury retail capital. One of the reasons for the same is that the luxury market that has emerged in Abu Dhabi is indeed lucrative and is important from strategic point of view too. Premium brand retailers have already decided to have a base at Abu Dhabi. A range of luxury developments are already in the pipeline in Abu Dhabi and developments for the same are in progress in the region.
Knight Frank’s Wealth Report for 2013 points out that number of high net worth individuals in Abu Dhabi is on the rise. This figure is all set to rise by 53 percent over the next decade. World Luxury Expo will be featuring a range of product categories including high end jewellery, designer furniture, private aviation and luxury travel products among other categories of products. The proposed Expo will be unique indeed as all the participating exhibitors are leaders in their segments. After Abu Dhabi, the World Luxury Expo is all set to head to Doha where it would be held from November 14th to November 16th.