Latest news with #ChalhoubGroup
The Star
8 hours ago
- Business
- The Star
Turmoil or not, luxury fashion can't afford to ignore the Middle East region
Elie Saab held its 45th anniversary show in Riyadh last November, featuring a performance from Celine Dion. Photo: Instagram/Elie Saab With Middle East airspace reopening and the US-brokered ceasefire between Israel and Iran appearing to hold, the luxury fashion sector is still counting on the region's wealthy shoppers to help offset weakness in its main US and Chinese markets – for now. The Middle East, helped by strong tourist flows and local wealth, has bucked a recent global slowdown in luxury sales that is expected to deepen this year, with some brands growing sales there at double-digit rates. Luxury sales in Gulf countries were up 6% to US$12.8bil (approximately RM54.1bil) of the nearly US$400bil (RM1.7tril) market last year, outpacing a global drop of 2%, with strong appetite for high-end fashion, jewellery and beauty products, retail consultant Chalhoub Group said. However, that trade is heavily dependent on the region's burgeoning tourist trade, with consulting firm Bain estimating that some 50-60% of the Middle East's luxury sales come from tourists. Read more: Though absent, Giorgio Armani's vision still comes to life at Milan Fashion Week This month's outbreak of an air war between Israel and Iran emphasised the ongoing risks in a region in which unrest was already simmering, with airlines cancelling flights and rerouting planes following Israel's strikes against Iran on June 13 – measures that are now being unwound. "At this point, we have not adjusted our long-term growth forecast, as we continue to see considerable potential in the region," said Federica Lovato, senior partner at Bain. "However, short-term volatility has increased in the last few weeks and may continue, depending on how the situation develops." The region is an important hub for travel spending, favoured by Russian oligarchs but also wealthy Asians, and has increased in importance since Russia's invasion of Ukraine triggered sanctions and the rerouting of flights between Europe and Asia from more northerly routes to the Middle East. It also serves as a gateway for high-end brands to reach wealthy shoppers from India, where high tariffs have kept companies like LVMH from expanding store networks. Max Heinemann, co-CEO of travel retail group Gebr Heinemann, which recently expanded into Saudi Arabia and operates airport fashion retail stores carrying luxury brands in Jeddah, said the region's travel market has shown long-term resilience despite unrest. He remains optimistic: "Dips may be witnessed, but growth will remain." At Prada, first-quarter sales in the region rose 26% year-on-year, while Hermes' sales there were up 14%. High-end fashion and jewellery brands have been opening new stores and hosting splashy events. Milan-based menswear label Zegna this month took its spring collection to the opera house in Dubai, the region's leading luxury hub, for a catwalk show in an elaborate set evoking an Italian villa. Read more: Uncovering Valentino's fashion legacy: Celebrities, luxury and the power of red Elie Saab held its 45th anniversary show in Riyadh last November, featuring a performance from Celine Dion. Dior, Saint Laurent and Valentino last year opened stores in Bahrain, while this year Louis Vuitton brought guests to the Dubai desert for a dawn meal and Chanel hosted a dinner in Abu Dhabi linked to a high jewellery launch. But maintaining visitor numbers to Middle Eastern destinations will be vital to bringing shoppers through the doors. Luxury travel agency Global Travel Moments says that for now, its long-term travel volumes to the Middle East have been unaffected by the latest unrest. However, given recent events, there is currently "certainly more caution" before finalising trips to the broader Middle East, it said. – Reuters
Express Tribune
13 hours ago
- Entertainment
- Express Tribune
Camila Cabello and Henry Chalhoub make public appearance in Ibiza
Camila Cabello and Henry Junior Chalhoub were seen sharing multiple public kisses during their vacation in Ibiza on July 21, 2025. The couple was photographed embracing and kissing both on a dock and in the water, drawing attention for one of their most visible displays of affection to date. -Backgrid Cabello, 28, wore a black bikini while Chalhoub, 39, sported camouflage swim shorts. They were also seen cuddling on a towel, holding hands, and taking selfies together between dips in the sea. The interaction appeared relaxed and affectionate, with no attempts to avoid cameras or onlookers. -Backgrid The pair first drew public attention in late 2024, when they were spotted together at a fashion show in Saudi Arabia. Since then, they've been seen in St. Barts, at Paris Fashion Week, and at the Monaco E‑Prix. The Ibiza appearance is their latest in a series of high-profile outings. Henry Chalhoub is an heir to the Chalhoub Group, a Dubai-based luxury goods conglomerate. His family was listed among the top Arab family businesses in recent financial rankings. While neither Cabello nor Chalhoub has publicly commented on the relationship, their consistent appearances and frequent displays of affection have fueled ongoing media interest.
News.com.au
20 hours ago
- Entertainment
- News.com.au
Camila Cabello and billionaire heir boyfriend pack on the PDA in Ibiza
Camila Cabello's romance is heating up. The US pop star, 28, was spotted packing on the PDA with her billionaire heir boyfriend, Henry Junior Chalhoub, in Ibiza, Spain at the weekend. The couple, who have been dating since at least November last year, were seen sharing a passionate kiss on a dock, with Cabello lying on top of Chalhoub. They were also seen in a steamy make-out session during a swim in the ocean. The duo were first photographed in yet another PDA-filled beach outing in St Barts in January. Cabello, who shot to fame in 2012 as part of the pop group Fifth Harmony before forging a solo career, is yet to comment on her blossoming relationship. Chalhoub, 39, for his part, is the heir to his family's lucrative Dubai-based luxury fashion distribution company Chalhoub Group. The company was listed on Forbes' Top 100 Arab Family Businesses list in 2023, with Chalhoub's grandfather Michel reported to be worth $US1.7 billion as of 2019. Cabello and Chalhoub were first romantically linked late last year when they were seen getting cozy at an Elie Saab fashion show afterparty in Saudi Arabia. The Latin Grammy award winner's last major romance was with her on-again, off-again boyfriend, Canadian pop singer Shawn Mendes. Cabello and Mendes began dating in July 2019 until their split in November 2021. They later sparked reconciliation rumours in April 2023 when they were photographed kissing at the Coachella music festival. However, Cabello sat down with Alex Cooper on the Call Her Daddy podcast in March last year, declaring their reunion 'didn't feel right.' 'I'm kind of impulsive in that way, I would say. If I feel it, I say it and I'm not really good at not doing that,' Cabello said at the time. 'I would rather say it and see what happens, and then wake up the next day and see that it's been heavily documented. I opted for that route. It is what it is. It was a great route, it was a fun time. It was a fun moment. 'I will always care about him and love him. He's such a good person and I'm lucky because some people have exes that are awful, and he is not. He's a really kind, good person.'
Daily Mail
a day ago
- Entertainment
- Daily Mail
Camila Cabello can't stop kissing her billionaire boyfriend in Ibiza as she flashes her slender bikini body
could not keep her hands of her new boyfriend, Lebanese businessman Henry Junior Chalhoub, 38, on Monday. The songbird from Cuba wore a small black bikini that flashed her slender figure as she went for a dip in the ocean with her swarthy catch. They were seen kissing on both a wood dock as well as in the water during their vacation in Ibiza, Spain. The 28-year-old Senorita singer's new love Henry is believed to be a member of the wealthy Chalhoub family, known for founding the Dubai-based luxury fashion company, Chalhoub Group. Camila wore her long hair down as she added a gold cross necklace and small hoop earrings. The performer's love interest was in dark green-and-black camouflage swim shorts. The Havana singer wore a tiny black bikini with a push-up top Before their trip to Ibiza, the couple were seen in Monaco at the Formula 1 races. Cabello and Chalhoub were first linked in November 2024 at an Elie Saab fashion show afterparty in Saudi Arabia. They sparked romance rumors when they were seen packing on the PDA as they frolicked in the ocean in St. Barts in January. The couple went to the pre-BAFTA Nominees party on February 15 in London. They also piled on the PDA while sitting in the front row of Chanel's 2025 Fall/Winter fashion show on March 11 in Paris. They were playfully holding hands before the fashion show started until Chalhoub saw someone filming them and hid his face behind Camila's shoulder. Chalhoub comes from a very wealthy family who owns Dubai-based luxury fashion distribution company Chalhoub Group. The company works with Versace, Jimmy Choo, Jacquemus and several LVMH-owned brands. The mission of the company is to be a partner and creator of luxury experiences in the Middle East,' per their official website. Chalhoub's grandfather Michel and family were worth $1.7 billion as of 2019. Camila has been open about wanting to keep her private life out of the public eye. Camila uses caution when she talks about her love life. 'I get why people are interested in my love life, but I don't want to give people that piece of me because it is the most important part,' she told Latina magazine. They enjoyed their time in the water during their vacation in Ibiza, Spain Cabello and her mate only had eyes for each other during the dip Cabello went on to outline her 'dream life': 'I want to make songs and have incredible experiences with people. 'I don't want to be locked up in a hotel room and just do press and red carpets. That's not the kind of life I want to live.' The Havana, Cuba, native is gearing up to hit the road for her second headlining concert tour in support of her latest and fourth studio album, C, XOXO . The Yours, C Tour, which marks her first tour in over seven years, is set to kick-off June 21 in in Marbella, Spain, with dates across Europe, Asia, Australia and South America. The tour is currently scheduled to end with a performance September 14 at The Town Festival in Sao Paulo, Brazil. To promote her recent album, Cabello has already performed at a series of music festivals and events, including Glastonbury and Mawazine and the iHeart Radio Music Festival, among others.
Yahoo
4 days ago
- Entertainment
- Yahoo
35 Celebrities Who Dated People With SERIOUS Money
According to Forbes, there are 3,028 billionaires in the world as of 2025. While that number may have average people shouting, "Eat the rich!", some celebrities see it as a potential dating pool. Here are 35 celebrities who dated or married billionaires and their heirs: Cabello was first romantically linked to Henry Junior Chalhoub — who's an heir to the billionaire Chalhoub family — in January 2025. The Chalhoub family founded the Chalhoub Group, a distribution company for luxury fashion. It's based in Dubai. According to Forbes, the family was worth $1.7 billion as of 2019. a few months of dating, Mariah Carey got engaged to investor James Packer in 2016. They broke up eight months later. According to Forbes, his net worth is $3.4 billion. Following their split, Mariah reportedly sued James for a $50 million "inconvenience fee" but settled in the neighborhood of $5–$10 million. She also got to keep her $10 million engagement ring. 2018–2022, Kaley Cuoco was married to equestrian Karl Cook, the son of Intuit founder Scott Cook. According to Forbes, Scott's net worth is $7.7 billion. Related: In 2016, Kaley and Karl met at a horse show and bonded over their mutual love of animals. In 2021, they announced they were separating because they "realized that [their] current paths have taken [them] in opposite directions." 4.A$AP Rocky has been with billionaire singer and businessperson Rihanna since 2020. In 2021, Forbes reported that she achieved billionaire status largely through Fenty Beauty, the makeup brand she launched in partnership with LVMH in 2017. Another large chunk of her wealth — in the neighborhood of $270 million — comes from her stake in Savage x Fenty, the lingerie brand she started in 2018. She's reportedly worth $1 billion. becoming a billionaire herself, Rihanna dated Hassan Jameel from 2017–2020. His family — who own the largest Toyota distribution company in several parts of the Middle East, Abdul Latif Jameel — was reportedly worth a collective $2.2 billion in 2017. XPOS / Cobra Team / BACKGRID 2018, Karlie Kloss married billionaire venture capitalist Josh Kushner. He founded the firm Thrive Capital in 2009 and has invested in companies like Instagram, Instacart, Zola, and Robinhood. Per Forbes, he's worth $3.8 billion. City Chiefs tight end Travis Kelce has been dating billionaire singer Taylor Swift since 2023. According to Forbes, Taylor was the first musician to achieve billionaire status predominantly through her music and performances. She was added to the list in October 2023, largely because of her music catalog and the Eras Tour. Her net worth is $1.6 billion. 2019, YouTube star Gigi Gorgeous married model/designer Nats Getty, who's the great-grandson of oil tycoon J. Paul Getty. Forbes clocked the Getty family's net worth at $5.4 billion in 2015. They met at Paris Fashion Week 2016 when they closed the show put on by August Getty, Nats's brother and Gigi's best friend. However, they filed for divorce in 2025. Peltz Beckham married actor/heiress Nicola Peltz Beckham in 2022. They first met at Coachella in 2017 when one of her brothers introduced them. However, they were both in relationships at the time, but despite not really getting along, they kept in touch. Fast-forward to 2019, and they crossed paths again at Leonardo DiCaprio's Halloween party. The following January, they made things Instagram official. She's the daughter of billionaire investor Nelson Peltz. According to Forbes, his net worth is $1.6 billion. 2017, Miranda Kerr married billionaire Evan Spiegel, the co-founder and CEO of Snapchat. They met when they were seated next to each other at a Louis Vuitton event at NYC's Museum of Modern Art in 2014. According to Forbes, his net worth is $2.8 billion. 2004–2005, Mischa Barton dated Brandon Davis, the grandson of oil baron Marvin Davis, who had a reported net worth of $5.8 billion in 2004, the year he died. The couple reportedly met at a charity event. After the split, they stayed friends. Related: two decades years later, Brandon Davis married a different actor. In 2023, he tied the knot with Ashley Benson several months after going public with their relationship. They reportedly had a lot of friends in common. 2015, hotel heiress Nicky Hilton married James Rothschild, who's the heir to a famous banking family. The couple reportedly met at Petra Ecclestone and James Stunt's Italian wedding in 2011. According to Business Insider, the Rothschild family has an estimated net worth of $1 billion. 2005, Mary-Kate Olsen dated shipping heir Stavros Niarchos III for five months, and their relationship reportedly ended after he publicly cheated on her with a close friend. His father, Philip Niarchos, is reportedly worth $2.8 billion. Hilton was allegedly that close friend. She and Stavros Niarchos III had a brief relationship before ending things in early 2006. in 2005, Paris Hilton had a five-month engagement to shipping heir Paris Kassidokostas-Latsis, whose family has a reported combined net worth of $3.2 billion. Following their split, she auctioned off her 24-carat engagement ring. The proceeds benefitted survivors of Hurricane Katrina. Wilson and Jacob Busch made their relationship Instagram official in late 2020 but ended things four months later. As of 2024, Forbes estimated that his family, which founded the Anheuser-Busch brewing company, had a net worth of $20 billion. Campbell dated real estate developer Vladislav Doronin from 2008–2013. Reportedly, his net worth is an estimated $1 billion. In 2020, he reportedly sued her for $3 million, the value of his personal property he claimed she still possessed. Related: Evangelista and business mogul François-Henri Pinault, who took over the luxury goods conglomerate that his father, self-made billionaire François Pinault, started, were together for four months in 2006. However, they allegedly only spent seven days together in person. His family owns the luxury group Kering, which owns brands like Gucci and Saint Laurent, and their collective net worth is reportedly $19.5 billion. The couple had a son together, Augustin, and were involved in a drawn-out child support case. In her filing, Linda claimed she spent $46,000 a month on expenses like 24-hour nanny care and armed bodyguards. François-Henri's lawyer said that amount was "just ridiculous." Eventually, the former couple reached a private settlement. 2009, Salma Hayek married François-Henri Pinault. The couple reportedly met at a gala held in a marble palace the Pinaults own in 2006. After Salma's wedding, she and Linda became close friends and co-parent Augustin along with François-Henri. still legally married to Melissa Meeks, model Jeremy Meeks — who rose to fame after his mugshot went viral — started dating heiress Chloe Green. They were together from 2017-2019 (he divorced Melissa in 2018). Chloe's parents, Philip and Cristina Green, own Arcadia Group, which consists of British retail chains like Topshop. According to Forbes, their net worth was $2.3 billion in 2022. early 2022, Julia Fox dated Ye (formerly Kanye West) for about a month. At the time, Forbes estimated his net worth to be about $2 billion, but now, following Adidas cutting ties with him over his antisemitic remarks, it's reportedly $400 million. On her TikTok story several months after the breakup, Julia said, "Money coming into a billionaire should go right back into the community that made them rich. That's how I feel about billionaires, they should not exist. They are fucking pariah to our society. There's about 2,500 billionaires, I think, and cumulatively, they own the majority of the wealth of the world so that they can go fuck themselves." Then, addressing the billionaires she's dated, she added, "Yeah that's why I use all of you. That's why I used all of you. Yeah. Never loved any of you guys." Davidson dated billionaire reality star and businessperson Kim Kardashian for about nine months between 2021–2022. According to Forbes, most of her money comes from her shapewear company Skims, and her net worth is $1.7 billion. actor Talulah Riley was married to businessperson Elon Musk not once, but twice — first from 2010–2012, then from 2013–2016. According to Forbes, he's the richest person in the world with a net worth of $403 billion. The couple first started dating after meeting at a bar in London in 2008. After their first divorce, they briefly rekindled their relationship and got remarried because "it felt silly to be together unmarried after having been married." years after his second divorce from Tallulah, Elon started dating Grimes. They were in an on-and-off relationship from 2018–2021. They reportedly first connected on Twitter, which he went on to purchase in 2022. Hall was married to billionaire media magnate Rupert Murdoch, who chairs News Corp and Fox Corp, from 2016–2022. His family is reportedly worth $23.9 billion. Related: They met in summer 2015, when Jerry was touring the stage production of The Graduate in Australia. Rupert's sister's niece introduced the two. However, in June 2022, he allegedly announced his decision to separate in an email, writing, "Jerry, sadly I've decided to call an end to our marriage. We have certainly had some good times, but I have much to do... My New York lawyer will be contacting yours immediately." Their divorce settlement reportedly banned her from giving the Succession writers, who've been heavily inspired by the Murdoch family, any plot ideas. Salwa Aga Khan (née Kendra Spears) was married to Prince Rahim Aga Khan from 2013–2022. Naomi Campbell reportedly introduced them at a party. He's the son of imam and philanthropist Prince Karim Aga Khan IV, who had an estimated net worth of $13.3 billion in 2013, according to Vanity Fair. 2012–2017, Janet Jackson was married to Wissam Al Mana, whose family made their fortune across several industries, included luxury fashion, automotive, real estate, media, and food. They reportedly met at a hotel opening in Dubai in 2010. According to Essence, his net worth is estimated to be about $1 billion. actor Ellen Barkin and billionaire financier Ronald Perelman were married from 2000–2006. They reportedly met at the Vanity Fair Oscars afterparty in 1999. His pickup line was, "So, are you married, or single, or what?" He has a net worth of $1.6 billion, according to Forbes. He allegedly surprised her with a speedy divorce days before their prenup expired. She reportedly got $20 million in the divorce but then sold the jewelry he gave her — her wedding ring included — at auction for $20.3 million. 2008, Beyoncé married Jay-Z. In 2019, he became the first hip-hop artist to achieve billionaire status. Since then, he's more than doubled his wealth through his liquor businesses, including Armand de Brignac Champagne and D'Usse cognac. His fortune also comes from his music ventures, such as Roc Nation and Tidal, and his investments in companies like Uber. His net worth is $2.5 billion. James was married to drag racer Alexis DeJoria from 2013–2020. She's the daughter of John Paul DeJoria, who made his fortune in tequila and haircare. According to Forbes, his net worth is $2.9 billion. John introduced his longtime friend Jesse to Alexis at one of her races in Dallas. In 2020, the couple announced they were separating because "[their] lives were just headed in different directions." Macpherson was married to billionaire real estate developer Jeffrey Soffer from 2013–2017. The pair dated for two years before breaking up for the first time in March 2012. However, after Jeffrey got injured in a helicopter crash that November, they reunited. Forbes estimates his net worth is about $2.2 billion. to dating Jeffrey Soffer, Elle Macpherson dated financier Arpad Busson for nine years before separating in 2005. He's reportedly worth an estimated $1 billion. Uma Thurman was in an on-and-off relationship with Arpad Busson from 2007–2014. They reportedly got engaged twice over the course of their relationship but never made it down the aisle. finally, Jane Fonda was married to media proprietor Ted Turner, who founded CNN, from 1991–2001. Forbes estimates his net worth is $2.8 billion. In 1990, Ted heard that Jane was divorcing Tom Hayden, so, despite not really knowing her, he called her and asked her out. Initially, she said no, but he continued pursuing her for six months until she agreed to go out with him Jane also retired from acting during their marriage, but she later realized that, though staying with a wealthy man would be easy, it would prevent her from becoming everything she could be. The couple also had communication issues due to spending a lot of time apart, which contributed to the end of their marriage. Also in Celebrity: Also in Celebrity: Also in Celebrity: Solve the daily Crossword
