Fashion
Skims opens first store in Middle East in Dubai
Published
December 24, 2025
Skims made its debut in the Middle East on Monday with the opening of its first physical retail store in the UAE, at Mall of the Emirates in Dubai.
The Dubai flagship reflects Skims’ global retail design language, characterized by a bold, minimalist aesthetic. Monolithic forms, curved architectural details, and reflective surfaces are paired with soft lighting and anchored by oversized 3D Skims signage, creating an elevated retail experience.
The store opens with a curated selection of the brand’s most popular collections, including Fits Everybody, Seamless Sculpt, Cotton Fleece, Cotton Rib, Cotton Jersey, Boyfriend, and Skims Mens underwear.
“Dubai stands among the world’s most dynamic retail markets, and enthusiasm from local customers made opening our first store an obvious next chapter,” said Jens Grede, co-founder and chief executive officer, Skims.
“We’re delighted to bring Skims to Mall of the Emirates, an important milestone in our global expansion and a chance to deepen our connection with a region that continues to shape global trends.”
The launch, in partnership with luxury retail group Al Tayer Insignia, marks a significant milestone in the brand’s global expansion and underscores its growing focus on immersive, in-person retail experiences.
“We are proud to launch the region’s first-ever Skims store, marking an exciting milestone for both our customers and Al Tayer Insignia’s retail portfolio. Skims has become a global leader in redefining comfort, inclusivity, and modern wardrobe essentials, and we know there is strong demand for the brand here in the region,” said Dee Sarai, chief executive officer, Al Tayler Insignia.
“Bringing Skims to our market reflects our ongoing commitment to introducing forward-thinking, relevant brands and delivering elevated shopping experiences that truly resonate with our customers. We look forward to building a strong, long-term presence for Skims in the region.”
Last month, Skims opened a standalone store at South Coast Plaza in Costa Mesa, less than a year after the debut of its first California store. The latest store opening joins other permanent store locations in New York, Los Angeles, Georgetown, Aventura, Austin, Houston, Atlanta, Boca Raton, Paramus, Las Vegas, Bloomington, Palo Alto, Tysons, and Mexico City.
Copyright © 2025 FashionNetwork.com All rights reserved.
Nomura has projected euro area GDP growth to accelerate gradually over the next year, expecting the 0.2 per cent quarter-on-quarter growth in Q4 2025 to double to 0.4 per cent by mid-2026.
The growth will be aided by German fiscal support.
Downside risks to GDP growth in 2026 include fiscal spending taking longer to materialise and fiscal tightening in some countries, including France and Spain.
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Job cuts are continuing across most industrial sectors, with clothing manufacturers in Germany particularly planning staff reductions, according to the ifo Institute.
The ifo Employment Barometer fell to 91.9 in December, its lowest level since May 2020, reflecting ongoing job losses, especially in industry.
Job cuts are continuing across most sectors in Germany, with clothing manufacturers particularly reducing staff, according to the ifo Institute.
Companies are increasingly cautious about hiring as the weak economy weighs on the labour market.
The picture is similar in trade, with companies planning to employ fewer staff in the new year.
“In 2025, we experienced gradual job cuts, especially in industry,” said Klaus Wohlrabe, head of surveys at ifo. “The weak economy is continuing to slow down the labour market.”
Fibre2Fashion News Desk (RR)
Published
December 24, 2025
Luxury menswear brand Paul Stuart has been acquired by private investment group, Middle West Partners (MWP).
MWP partnered with apparel manufacturer, Peerless Clothing Inc. to acquire the New York City-based fashion brand from Mitsui & Co., which has been with the brand for more than 50 years.
Financial terms of the deal were not disclosed.
As part of the deal, John Hutchison, former chief executive officer of Bonobos, has been appointed the new CEO of Paul Stuart, according to a press release.
“The Paul Stuart name continues to resonate with a discerning client 87 years later, and we still see so much more potential for this luxury heritage brand,” said Kevin Kelleher, managing partner of MWP.
“Our goal is to protect its unmatched quality and amplify its unique attributes on a global scale.”
Earlier this year, MWP acquired high jewelry house, David Webb, as the private equity firm looks to expand its portfolio of brands.
“Paul Stuart has been one of my family’s favorite brands for more than 25 years. It has a look that’s distinctly its own—when you walk down the street, you know it’s Paul Stuart,” said co-founding partner at MWP, Michael Hamp.
“My father and now my brothers and I have worn Paul Stuart for as long as I can remember. It is both a privilege and honor to take on the responsibility of stewarding this brand.”
Copyright © 2025 FashionNetwork.com All rights reserved.
Euro area growth to accelerate gradually to 0.4% by mid-2026: Nomura
German firms turn cautious on hiring as labour market weakens: ifo
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