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Luxury e-commerce startup ShopWorn to hit $20 million in sales by year end


MENA Newswire:  Luxury e-commerce startup  ShopWorn  is on track to hit $20 million in sales by year end. Initially fueled by the revenge shopping spree begun by Chinese consumers, leading ShopWorn to open a Hong Kong satellite, American consumers are now doing their own revenge spending on ShopWorn as a sustainable alternative to buying used luxury. ShopWorn’s circular business model of acquiring past seasons’ unsold luxury watches, jewelry, leather goods and other accessories directly from luxury brands or their authorized retailers tackles a less addressed area in retail sustainability conversations: what to do with unsold inventory at the end of every season.  With consumers now choosing where they spend their money based on a company’s environmental footprint, luxury brands are viewing ShopWorn not only as a channel for their remaining inventory of never previously owned products, but also as a pathway for achieving zero-waste in their production cycles.  This added value has aid

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Group-IB, a global threat hunting and adversary-centric cyber intelligence company specializing in investigating and preventing hi-tech cybercrimes, has officially announced the opening of its Middle East & Africa Threat Intelligence & Research Center in Dubai. The grand opening, held at the Habtoor Palace Dubai, was attended by representatives of the local financial organizations, government institutions, and the guest of honor, Mr. Craig Jones, INTERPOL Cybercrime director.  Group-IB's leadership views the opening of its MEA Threat Intelligence & Research Center as a critical milestone toward achieving the strategic goal of building the first ever decentralized global cybersecurity company with fully operational R&D centers in the key financial hubs.  Group-IB's office would operate as a sales hub and a full-scale regional HQ, offering all core technological competencies and bringing with it the top skills that are found across its global HQ in Singapore and o
The Spartan World Championship will take place in the Liwa desert, Abu Dhabi's western region, from December 2-5, the Abu Dhabi Sports Council has announced. Coinciding with the 50th anniversary of UAE National Day, the championship, held for the first time outside the United States, features the Elite Spartan World Championship, the Spartan Team World Championship and the Spartan Kids World Championship. The championship, previously slated for 2020 December 4-5, was postponed due to the international travel restrictions following the outbreak of the Coronavirus pandemic. Aref Al Awani, General Secretary of Abu Dhabi Sports Council, said, "The Spartan World Championship is a unique and ground-breaking event that is scheduled to take place at the spectacular Liwa desert in Abu Dhabi." He further added: "The championship will be even grander as it also coincides with the UAE's Golden Jubilee celebrations." "The 2021 Spartan season is well underway, and ou
At the invitation of the President of the European Council Charles Michel, Indian Prime Minister Narendra Modi participated in the India-EU Leaders’ Meeting. The meeting was held in a hybrid format with the participation of leaders of all the 27 EU Member States as well as the President of the European Council and the European Commission. This is the first time that the EU hosted a meeting with India in the EU+27 format. The meeting was the initiative of the Portuguese Presidency of the Council of the European Union. During the meeting, the leaders expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. They exchanged views on three key thematic areas: i) foreign policy and security; ii) COVID-19, climate and environment; and iii) trade, connectivity and technology. They discussed forging closer cooperation on combating the COVID-19 pandemic and economic recovery, t
The Graham Superlight Carbon Skeleton weighs less than 100 grams. Its 47mm case is formed of epoxy resin infused with a red dye, while the widespread use of 3K carbon further contributes to the model’s featherlight mass. The open-worked dial reveals various components in motion and the chronograph trigger delivers an ergonomic interface between the watch and its wearer. Despite having a low mass, the model’s torso remains remarkably strong. Within its structure are metallized carbon fibers, presented in bronze tones, bestowing contrast. The Graham Superlight Carbon Skeleton is equipped with the brand’s legendary thumb-operated trigger, positioned on the left side of the case. This instrument is operated using the thumb, the fastest acting digit. With this design, a right-handed person will instinctively place their plumpest digit on the trigger and press it intuitively at breakneck speed. Another key benefit of positioning the crown and trigger on the left is that it provides superior
Turn the Open Gear ReSec Paraiba around in your hands, and the handmade guilloché watch display magically changes from soft turquoise and petrol blue into jungle green and deep purple - the result of relentless experimenting in a field unique to Chronoswiss. The timepiece's varying hues are as mesmerizing as the semi-precious Paraiba tourmaline unique to the Brazilian region. “Chronoswiss is the only brand with color-shifting, handmade guilloché. And you cannot simulate this effect in any way – you simply have to experiment,” says Chronoswiss head of design Maik Panziera. After months of testing a plethora of treatments, coloring agents, lacquers, finishes, patterns and materials, the most stunning result came from a secret, unique type of nano-decorative chemical vapor deposition. The relentless experimenting also led to the conclusion that the light reflection achieved with a short-wave guilloché pattern executed by hand in the Lucerne atelier was fundamental to achieving this me
Japan National Tourism Organization (JNTO) is establishing an office in Dubai this year, as part of its strategic efforts to achieve the Japanese government’s goal of welcoming 60 million international visitors by 2030. It is JNTO’s first office to open in the Middle East, and will be a focal point for the organization’s promotional efforts in showcasing Japan as a preferred travel destination for residents in the region. As part of its promotional efforts for 2021, JNTO will exhibit at the Middle East’s largest tourism exhibition; Arabian Travel Market Hybrid (ATM 2021). ATM will take place in Dubai from May 16-19, and then on a virtual platform from May 24-26. A key objective for JNTO at these events will be the generation of awareness amongst the Middle East region’s leading travel and media professionals. It will highlight Japan’s unique and diverse tourist attractions, that have been collectively assembled under the promotional banner of "Japan. Endless Discovery." JNTO
Swiss watchmaker Montres Etoile announced the launch of its first complication, an automatic, tri-retrograde, Islamic Lunar and Gregorian Dual - calendar timepiece with moon face. This complicated wristwatch based on an automatic Swiss made movement is completed by a complication module made by Agenhor in Geneva and is housed in a steel watchcase. The watch is available through select retail partners across the UAE, Saudi Arabia, Oman & Kuwait in time for the Eid gifting season as well as at boutiques and POS in Switzerland, Korea, China and Ukraine. Watch enthusiasts and collectors from other markets can contact the brand through their website. The Islamic calendar began in 622 AD and is still used in most Islamic countries. To integrate the Islamic calendar together with the conventional Gregorian calendar on a mechanical wristwatch is a unique feature worldwide. The Etoile dual-calendar wristwatch is housed in an octangular shaped watchcase measuring 42mm in diameters indicating
Arabian Travel Market (ATM) has announced that the final preparation of their 2021 edition annual showcase are underway, with the event set to take place in-person at the Dubai World Trade Centre (DWTC) on 16th May and conclude on 19th May, 2021. In addition to Reed Exhibitions’ Global COVID-19 ‘Safety Shows’ Health & Safety strategy, ATM is working closely with public sector authorities in Dubai to provide a safe, contact-free and seamless experience for all. In line with Dubai Government's health and safety guidelines, to ensure safety through a range of measures including an enhanced cleaning regime, improved air circulation and sanitizer stations. Danielle Curtis, Exhibition Director ME at ATM, said, "Dubai is one of the safest cities in the world to visit with a wide range of precautionary measures in place to ensure the safety of tourists at every stage and touchpoint of their travel journey, from arrival to departure. More than 9 million doses have already been admi
La Lu gourmet chocolates, delightfully delicious creations fashioned from the finest ingredients in Italy intended to satiate the most discerning of tastes, luxuriously smooth in finish and ultra-refined in texture, crafted into a fascinating array of products is now available in the Middle East in time for the holy month of Ramadan. The chocolates can be ordered online from the company’s website . A passion for all things chocolate is what drives the inspiration behind each of La Lu gourmet Foods’ products. Designed by the finest Italian master chocolatiers, to offer chocolate lovers and those with a yen for the finest confectioneries, true masterpieces that are set to blaze a trail with their distinctiveness and sets them apart in the Middle East market that is saturated with offerings from Swiss, Belgian and other international brands. “What makes our products outstanding is our choice of ingredients selected from around the world and the skillful mastery of the craftsman in mixing