The Walk Draws Male Shoppers with Eclectic Offerings of Exclusive Retail Brands

Dubai: 25, November, 2008 - The Walk, Dubai’s unique beachfront outdoor shopping avenue managed and developed by Dubai Retail, a subsidiary of Dubai Properties Group and a member of Dubai Holding, is being increasingly regarded a haven for male shoppers with its spectrum of outlets retailing internationally acclaimed brands.

Located at Jumeirah Beach Residence, The Walk is home to over 305 retail shops and restaurants that operate on ground and plaza level. The beachfront shopping avenue offers 1.7 km of shopping experience, scenic views and a vibrant atmosphere.

Saks Fifth Avenue - The Men’s Store, Caractere, Maldini, Ascots & Chapels Tailoring, Savile Row, and Fabio Inghirami are some of the top-end names that offer choice selections in formal, casual and sportswear, enhancing the appeal of the retail destination to a wide cross section of discerning male shoppers.

Haiyan Mujarkech, CEO of Dubai Retail, said:

Dubai is an acclaimed shopping destination around the world. With a growing number of residents and tourists in the emirate, there have been a mounting number of retail outlets and malls to cater to their wide-ranging needs. The Walk comes as Dubai Retail’s response to this surge in consumer demand. As the region’s unique beachfront outdoor shopping destination, it offers two levels of unique experience of luxury shopping and dining.

Boutique 1, Fat Face, Lagerfield, Baldinini, Spingfield, Circl8 and IKKS are some of the other stores that offer a vast array of fashion and accessories for men at The Walk that aims to populate the promenade with more such couture names.

Mujarkech added:

With an estimated 1.3 million people living in Dubai, close to 70 per cent of them are male. This category of consumers possesses high purchasing power and needs to be taken into account by all retailers. The Walk has quickly leveraged on this opportunity to cater to the prime target market and offer male shoppers an eclectic choice of brands and services. Judging by the growing footfall The Walk is registering, we are confident it will soon be regarded a must-visit retail destination on every tourist’s itinerary.

Dubai Retail is committed to delivering innovative and pioneering concepts to the retail sector. With in-depth market knowledge, Dubai Retail aims to grow as a leading retail solutions provider in the region and abroad.

Notes to Editors

About Dubai Retail

Dubai Retail, a subsidiary of Dubai Properties Group and a member of Dubai Holding, is a primary retail development and management solutions company that operates with the express aim of transforming the retail sector in the Middle East by bringing in new concepts and solutions. Established in 2008, Dubai Retail already boasts one of the largest retail management portfolios in the emirate. The company operates with a sole objective of increasing stakeholders’ value through innovative solutions and commitment to excellence, while leveraging its in-depth market knowledge and industry experience, thus contributing to the expansion of the retail sector in general.

Dubai Retail’s services range from strategy development to retail space management and covers retail leasing, developing and improving retail concepts, management of retail spaces, retail consulting services, offering support to franchise chains, market intelligence services and tenant mix solutions. Dubai Retail currently offers premium retail opportunities at The Walk, Jumeirah Beach Residence (JBR), and Bay Avenue at Business Bay.

For further information, please contact:

Muhannad Al Badri
Jiwin
Tel: +971 4   369 2929
Fax: + 971 4 3688001
E-mail: muhannad.albadri@jiwin.ae

Or

Lubna Habib
JiWin
Tel: +971 4 3613333
Fax: + 971 4 3688001
E-mail: lubna.habib@jiwin.ae

Or

Zeina Chams
Dubai Retail
Tel: +971 4 435 1149
Fax:+ 971 4 435 1199
Email: Zeina.chams@dubairetail.ae