Chalhoub Group has introduced a diverse portfolio of prestigious brands to Solitaire, curating a retail environment that fuses heritage, innovation, and exclusivity. The grand opening of joint venture brands—including Loewe, Celine, Fendi, Dior, Dior Beauty, Louis Vuitton, Louis Vuitton Jewellery, Sephora, Guerlain, Chaumet, Tiffany & Co., and Ray-Ban—marks a pivotal moment in the Group’s partnership-driven approach. Together, these openings set a new benchmark for luxury in the Kingdom, reinforcing Chalhoub Group’s commitment to shaping the future of high-end retail in Saudi Arabia. 

Michael Chalhoub, CEO of Chalhoub Group said: “Chalhoub Group’s approach to Solitaire  has been one of partnership and long-term commitment, reflecting our dedication to shaping the future of luxury retail in Saudi Arabia. We are proud to bring a portfolio of our top-tier luxury brand partners to this landmark destination, reinforcing our shared vision of creating bespoke, immersive, and world-class shopping experiences. As we continue to expand, our focus remains on co-creating exceptional retail journeys that set new industry standards while supporting the Kingdom’s dynamic growth and Vision 2030 ambitions."

As Chalhoub Group continues to reimagine luxury retail in Riyadh, Solitaire is set to become home to an exclusive selection of flagship stores that cater to the evolving tastes of Saudi consumers. The grand opening event gathered VIP guests, influencers, brand ambassadors, and key industry stakeholders, to celebrate the next chapter of luxury retail in Riyadh reinforcing its status as a new landmark in the Kingdom’s retail space. Saudi Arabia’s luxury market is witnessing rapid growth, supported by strong macroeconomic fundamentals and the country’s bold Vision 2030 agenda. According to Chalhoub Group's "GCC high-end fashion report, 2024", KSA recorded +6% growth YTD Sep’24, with 60% of the GCC population and 47% of the GDP, fueled by rising optimism, especially amongst the younger Saudi demographic, and by ongoing economic diversification efforts.

Eng Dayel Mohammed Bin Dayel, Board Member of Solitaire said: “Solitaire is pleased to partner with Chalhoub Group, a true leader in the luxury retail sector. This collaboration is not just a partnership, but a shared vision for elevating Saudi Arabia’s retail landscape. By hosting Chalhoub’s prestigious brands in Solitaire, we are reinforcing our commitment to offering exceptional, immersive shopping experiences for the Kingdom’s increasingly sophisticated consumer base. Together, we aim to set new industry standards, shaping the future of luxury retail in Saudi Arabia and contributing to the Kingdom’s 2030 Vision.”

-ENDS-

ABOUT CHALHOUB GROUP:

INSPIRE | EXHILARATE | DELIGHT

For seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavor to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of ten owned brands and over 440 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewelry, and eyewear. 

Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 950+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.  

Today, Chalhoub Group stands for over 16,000 skilled and talented professionals across eight countries in the Middle East, whose cohesive efforts have resulted in the Group being certified as a Great Place to Work in several countries. 

To keep the innovation journey going, the Group has set up “The Greenhouse”, which is not just an innovation hub, but also an incubator space and accelerator for start-ups and small businesses in the region and internationally. This is just one of the several initiatives taken by the Group to reinvent itself, catalyzed by forward thinking and future proofing. The Group has also been embedding sustainability at the core of its business strategy with a clear commitment towards people, partners, and the planet, and by being a member of the United Nations Global Compact Community and signatory of the Women's Empowerment Principles. 

ABOUT SOLITAIRE:

Solitaire, Saudi Arabia’s iconic new luxury lifestyle landmark, spans a gross leasable area (GLA) of over 65,000 sqm and a built-up area (BUA) of 250,000 sqm. Its strategic location at the intersection of King Abdulaziz Road, Al Imam Saud Ibn Faysal Road, and Al Thumamah Road makes it a key player in reshaping Riyadh’s landscape. With three above-ground levels dedicated to luxury retail, dining, and entertainment, as well as three basement levels for parking, Solitaire ensures convenience, exclusivity, and a premium experience for its visitors. This groundbreaking development caters to Riyadh's affluent, high-spending clientele, offering a truly extraordinary and immersive lifestyle destination for both residents and tourists alike.

Solitaire’s design takes inspiration from the geode - a natural rock formation with a jewelled, crystalline core, while 60-metre wind woes provide cool, fresh air to visitors year-round while doubling as design beacons for the destination. Design highlights include greenery, water features, a skylight and a magnificent soaring chandelier - meticulously crafted by 17 bohemian glassmakers and sparkling with over 44,000 crystals.