Chalhoub Group enters the pharmacy sector
Middle Eastern luxury retailer Chalhoub Group has entered the pharmacy sector by signing a joint venture (JV) agreement with PATYKA, a French certified-organic and science-backed skincare brand.
Insights from Chalhoub Group’s proprietary research indicates that currently skincare is projected to be the fastest growing category in beauty. In addition, the pharmacy skincare sector in the GCC is worth approximately $1 billion indicating the significance of this market. With the rising demand for clean and sustainable brands PATYKA will introduce a range of science-backed, organic products to meet the regional consumer needs.
“We are thrilled to have been chosen by PATYKA as their partner in the Middle East, and to be given an opportunity to contribute to this great brand’s growth in our region. We share with the PATYKA team similar values, this willingness to help our consumers take good care of their skin, and a vision for the long term with great quality products built in a consumer-centric way,” said Michael Chalhoub, President of Joint Ventures and Strategy, Growth, Innovation and Investment at Chalhoub Group.
Chalhoub Group aims to make PATYKA products available at pharmacies and stores across the UAE, Bahrain, Qatar, Kuwait, and Saudi Arabia by June 2023.
“We are excited to partner with Chalhoub Group and bring PATYKA to the Middle East market. PATYKA is committed to long-term investments and strategic partnerships, and we believe that our joint venture will bring a key brand to the region, continuing to address the evolving needs of customers and meeting the growing demand for high-quality, science-backed clean beauty products built on a foundation of ethics,” added Pierre Juhen, CEO, Finoli Group.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
As the demand for healthier food choices surges, ROOTS Food is leading
A new chapter unfolds for the leading tech-driven, hyperlocal e-commerce company, Rabbit,
Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024,
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
/ 
New space offers personalised experiences, live demos, and a deeper dive into
Gymshark, the UK-based fitness apparel brand, has made its highly anticipated retail
Aster Pharmacy, the retail arm of Aster DM Healthcare, has officially entered
One of the leading pharmacy chains in Australia, Chemist Warehouse has recently
UAE-based hair care startup Zaphira Nature is created to meet the needs
By harnessing the power of artificial intelligence (AI), data and digital innovation,
Taking place on the sidelines of Messe Frankfurt Middle East organised Beautyworld
Omani high-end perfume brand Amouage hosted a unique pop-up at The Grove
A razor-sharp focus on leveraging technology to create immersive experiences and accelerate
The short answer is, yes. Beauty tech, which means integration of technology
One year ago, retail conglomerate Majid Al Futtaim was proud to bring
“More than just a super app, through our patient-centric approach, comprehensive offerings
Previous Article
