How fast is Premium Retail growing?

Premium retail involves the sale of high-quality, often luxury, goods and services directly to consumers. It emphasizes excellence, craftsmanship, and unparalleled customer experiences, creating immersive environments for discerning shoppers. Products include high-end fashion, fine jewelry, luxury automobiles, and upscale cosmetics. In Saudi Arabia, this sector is a significant and thriving part of the economy, integrating both traditional in-store experiences and a growing digital presence as part of Saudi Vision 2030.