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Front Row | Saudi Arabia
The Attars, Riyadh's luxury moguls

The Attars, a merchant dynasty from Mecca. © Studio Pachamama

The Attar merchant dynasty from Mecca has used its dominant position in airport handling services to win concession after concession from Western jewellers and watchmakers in Saudi Arabia. In an otherwise depressed luxury goods market, the country is a rare source of growth for western brands. [...]

Published on 03/10/2024 at 06:00 GMT Reading time 3 minutes

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Entourage

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Abdulaziz
Abu Bakr as-Siddiq
Al Walid bin Talal
Attar
Attar United
Azza Fahmy
Balmain
British Airways
Chopard
Graff
Hublot
Jean-Frédéric Dufour
Kingdom Centre
Korean Air
Lufthansa
LVMH
Mayhoola for Investments
Mohammed Saddik Attar
Omar Saddik Attar
Qantas
Rachid Mohamed Rachid
Ricardo Guadalupe
Rolex
Saddik & Mohamed Attar Co
Saddik Omar Attar
Scheufele
Sheikh Umr Attar
Talal bin Abdulaziz
Valentino

Front Row | Singapore
The Ong family, Singapore's media-shy luxury magnates

Tycoon Ong Beng Seng is currently fighting corruption charges in Singapore and has already had a brush with the law in the Maldives, where he owns several of the finest hotels. His wife Christina Ong works in the luxury hotel business, too, and runs the Singapore franchises of numerous brands.

Subscribers only Families 10.10.2024

Singaporean billionaire Ong Beng Seng (right) and his wife Christina Ong.

United States
Rolex parody watch brand Relax clocks up fans

California watch label Atelier Perpetuel, known for producing quality timepieces at competitive prices, has a range similar to Rolex watches that it sells under the brand name Relax.

Subscribers only Houses 10.10.2024

Spotlight | Saudi Arabia
Riyadh ramps up efforts to conquer luxury sector

Alongside China and South Korea, Saudi Arabia is one of the most dynamic luxury markets. It now hopes to convert rampant consumerism into buoyant business and make a name for itself in the sector. To that end, it is trying to build bridges with European countries, as well as major luxury groups, but with mixed results so far.

Subscribers only Entourage 02.11.2023

Saudi Arabia is trying to establish itself as a fully-fledged player in the luxury sector.

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Just as major luxury brands are jostling for a foothold in the coveted Saudi market, Swiss giant Richemont has signed a major agreement in the country. The contract opens the door to the local market, as well as offering an opportunity to tap into the stream of wealthy visitors making Hajj pilgrimages to the kingdom.

Subscribers only Houses 27.04.2023

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.

Spotlight | Qatar, UAE
Abu Dhabi squares off with Qatar in race to buy up luxury brands

Behind the sale of an ailing French haute couture company, announced last week, lies an investment fund that belongs to the emir of Abu Dhabi's closest adviser. Like its Qatari rival Mayhoola, the new Gulf player is using its unlimited budget to build a portfolio of prestigious European brands.

Subscribers only Families 20.04.2023

Sheikha Moza bint Nasser Al-Missned and Tahnoon bin Zayed Al Nahyan, national security adviser to the emir of Abu Dhabi.

Saudi Arabia, Switzerland
How Chopard is unseating Mouawad, longstanding jeweller of the Saudi royal court

While scandal rages in Brasilia over Chopard jewellery that Saudi Crown Prince Mohammed bin Salman gifted to former president Jair Bolsonaro, the pieces in question show how the Swiss jeweller is earning pride of place with Riyadh's royals, as the Scheufele family slowly supplants its Mouawad archrivals.

Subscribers only Houses 20.04.2023

Set up email notifications for these topics

Abdulaziz
Abu Bakr as-Siddiq
Al Walid bin Talal
Attar
Attar United
Azza Fahmy
Balmain
British Airways
Chopard
Graff
Hublot
Jean-Frédéric Dufour
Kingdom Centre
Korean Air
Lufthansa
LVMH
Mayhoola for Investments
Mohammed Saddik Attar
Omar Saddik Attar
Qantas
Rachid Mohamed Rachid
Ricardo Guadalupe
Rolex
Saddik & Mohamed Attar Co
Saddik Omar Attar
Scheufele
Sheikh Umr Attar
Talal bin Abdulaziz
Valentino

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Front Row | Saudi Arabia
The Attars, Riyadh's luxury moguls

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Front Row | Singapore
The Ong family, Singapore's media-shy luxury magnates

United States
Rolex parody watch brand Relax clocks up fans

Spotlight | Saudi Arabia
Riyadh ramps up efforts to conquer luxury sector

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Spotlight | Qatar, UAE
Abu Dhabi squares off with Qatar in race to buy up luxury brands

Saudi Arabia, Switzerland
How Chopard is unseating Mouawad, longstanding jeweller of the Saudi royal court

Set up email notifications for these topics

About Glitz.paris

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Glitz.paris on social media

Indigo Publications' websites

About Glitz.paris

Subscription

Indigo Publications' websites

Hermès heirs at odds

The geopolitics of fake goods

Jacquemus, season 2

Front Row | Saudi Arabia The Attars, Riyadh's luxury moguls

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Front Row | Singapore The Ong family, Singapore's media-shy luxury magnates

United States Rolex parody watch brand Relax clocks up fans

Spotlight | Saudi Arabia Riyadh ramps up efforts to conquer luxury sector

Spotlight | Saudi Arabia, Switzerland The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Spotlight | Qatar, UAE Abu Dhabi squares off with Qatar in race to buy up luxury brands

Saudi Arabia, Switzerland How Chopard is unseating Mouawad, longstanding jeweller of the Saudi royal court

Set up email notifications for these topics

About Glitz.paris

Subscription

Glitz.paris on social media

Indigo Publications' websites

Front Row | Saudi Arabia
The Attars, Riyadh's luxury moguls

Front Row | Singapore
The Ong family, Singapore's media-shy luxury magnates

United States
Rolex parody watch brand Relax clocks up fans

Spotlight | Saudi Arabia
Riyadh ramps up efforts to conquer luxury sector

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Spotlight | Qatar, UAE
Abu Dhabi squares off with Qatar in race to buy up luxury brands

Saudi Arabia, Switzerland
How Chopard is unseating Mouawad, longstanding jeweller of the Saudi royal court