SOLITAIRE MALL BRINGS UNIQUE EXPERIENCES AND FLAGSHIP STORES FROM CHALHOUB GROUP’S LUXURY BRAND PORTFOLIO

Chalhoub Group, the leading luxury retail partner in the Middle East, continues its ambitious expansion in Saudi Arabia, further strengthening its footprint with the launch of multiple flagship stores at Solitaire, one of Riyadh’s most prestigious luxury retail destinations. With most of its brands now present in the Kingdom, this milestone reaffirms Chalhoub Group’s commitment to redefining the luxury retail sector in Saudi Arabia and delivering an unmatched shopping experience.

Chalhoub Group has introduced a diverse portfolio of prestigious brands to Solitaire, curating a retail environment that fuses heritage, innovation, and exclusivity. The grand opening of joint venture brands—including Loewe, Celine, Fendi, Dior, Dior Beauty, Louis Vuitton, Louis Vuitton Jewellery, Sephora, Guerlain, Chaumet, Tiffany & Co., and Ray-Ban—marks a pivotal moment in the Group’s partnership-driven approach. Together, these openings set a new benchmark for luxury in the Kingdom, reinforcing Chalhoub Group’s commitment to shaping the future of high-end retail in Saudi Arabia. 

Michael Chalhoub, CEO of Chalhoub Group said: “Chalhoub Group’s approach to Solitaire  has been one of partnership and long-term commitment, reflecting our dedication to shaping the future of luxury retail in Saudi Arabia. We are proud to bring a portfolio of our top-tier luxury brand partners to this landmark destination, reinforcing our shared vision of creating bespoke, immersive, and world-class shopping experiences. As we continue to expand, our focus remains on co-creating exceptional retail journeys that set new industry standards while supporting the Kingdom’s dynamic growth and Vision 2030 ambitions.”

As Chalhoub Group continues to reimagine luxury retail in Riyadh, Solitaire is set to become home to an exclusive selection of flagship stores that cater to the evolving tastes of Saudi consumers. The grand opening event gathered VIP guests, influencers, brand ambassadors, and key industry stakeholders, to celebrate the next chapter of luxury retail in Riyadh reinforcing its status as a new landmark in the Kingdom’s retail space. Saudi Arabia’s luxury market is witnessing rapid growth, supported by strong macroeconomic fundamentals and the country’s bold Vision 2030 agenda. According to Chalhoub Group’s “GCC high-end fashion report, 2024”, KSA recorded +6% growth YTD Sep’24, with 60% of the GCC population and 47% of the GDP, fueled by rising optimism, especially amongst the younger Saudi demographic, and by ongoing economic diversification efforts.

Eng Dayel Mohammed Bin Dayel, Board Member of Solitaire said: “Solitaire is pleased to partner with Chalhoub Group, a true leader in the luxury retail sector. This collaboration is not just a partnership, but a shared vision for elevating Saudi Arabia’s retail landscape. By hosting Chalhoub’s prestigious brands in Solitaire, we are reinforcing our commitment to offering exceptional, immersive shopping experiences for the Kingdom’s increasingly sophisticated consumer base. Together, we aim to set new industry standards, shaping the future of luxury retail in Saudi Arabia and contributing to the Kingdom’s 2030 Vision.”