Majid Al Futtaim has announced the opening of Poltrona Frau's first standalone store in Saudi Arabia, located at Centria Mall in Riyadh. This strategic launch underscores the Kingdom's growing status as a regional hub for luxury and design, aligning with broader developments such as the arrival of Downtown Design in Riyadh and a rising demand for curated, high-end living spaces.
© Fahed Ghanim | LinkedIn.
The Italian luxury furniture brand has experienced significant growth in the region, with 2024 revenues increasing fivefold and contributing to a 36% uplift in Majid Al Futtaim's Home category. The Riyadh location joins existing Poltrona Frau monobrand stores in Dubai's Jumeirah and Mall of the Emirates.
Fahed Ghanim, CEO of Majid Al Futtaim – Lifestyle, credited the milestone to strong regional momentum and strategic partnerships. He stated: 'We're just getting started', reflecting the group's ambition to deepen its footprint in the luxury lifestyle market.
Ghanim also expressed appreciation for Nicola Coropulis and the Poltrona Frau team for their continued trust and collaboration.
The opening marks a key moment in both the brand's regional journey and Saudi Arabia's evolution into a global design destination.
Source: LinkedIn.