Corporate News: Morellato Group enters UAE

Author: 
Arab News
Publication Date: 
Mon, 2009-11-09 03:00

DUBAI: Paris Gallery, luxury retailer in the GCC and the flagship retail brand of Al Fahim Holdings, and the Morellato Group, a world leader and innovator in watch design and development, jointly announced their strategic alliance for the Middle East market recently.

The two giants in luxury retail sector recently launched the world-acclaimed Morellato, Roberto Cavalli, Just Cavalli and John Galliano watch collections, each with their own uniqueness and style and aimed at different customer segments.

Speaking at the event, Massimo Carraro, CEO of the Morellato Group, said that the partnership with Paris Gallery was an important part of Morellato's ambition to consolidate its market-leading position in the international luxury watch segment and invest in new and dynamic markets.

"Across the globe, Morellato's creations are prized for their exquisite design and contemporary elegance," said Brendan Gerrity, chief commercial officer of the Al Fahim Holdings.

RIT to enter Saudi market

DUBAI: Research & Innovation Technologies (RIT), headquartered in the UAE launched two set of mobile applications, one for the enterprise market and the other for last-mile customers. In the enterprise segment, RIT has introduced, MobiView which is a video surveillance on mobile handset and Orbit Tracker that is a multilevel GPS tracker (for on-the-ground employee movements).

In the consumer segment, RIT launched products including Orbit Record, Orbit Protect, Global Phone Back Up and Orbit Power SMS.

RIT also announced that it has entered into exclusive sales & marketing agreement with UAE-based Techorbit to market the products throughout the Middle East region. "We have plans to enter the Saudi market, which is the largest market in the region," said Naushad Abdulla, CEO & managing director, RIT.

"The mobile market in the Middle East is pegged at $27 billion (AED99 billion), out of which value-added services (VAS) constitute 15 percent of the total market. RIT is looking at penetrating this segment through various channels," he added.

Orbit Tracker helps companies that have to constantly keep track of their employees involved in logistics and sales, while Orbit Protect helps to restore lost data. With the help of Global Phone Backup, phone data is now quick and easy with absolute security.

La Martina opens in Dubai Mall

DUBAI: La Martina, the renowned Argentinean fashion brand, has made its Middle East debut by opening a signature store at The Dubai Mall, the world's largest mall. The new outlet offers the complete range of La Martina fashion products, including the famous polo fashion line.

Addressing a press conference Lando Simonetti, owner of La Martina said: "We strongly believe that the Middle East is one of most promising markets today, and UAE has all the credentials to sustain retail development. We plan to go ahead with our growth plans by partnering with Al Khayyat Investments to expand into other parts of the region."

Molteni & C Dada opens showroom in Dubai

DUBAI: Molteni & C Dada launched its first Middle Eastern showroom in Dubai recently, bringing a new design concept to the region. This venture was created in partnership with a Dubai-based company FINASI.

"Molteni Group is elated to be entering the UAE and we will be opening our showroom in Jeddah by the middle of next year," said Carlo Molteni, CEO of the Molteni Group.

The new showroom hosts a Molteni & C Dada's full range of home collections.

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