February 23, 2021 10 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. The COVID-19 crisis has accelerated the growth of online sales to approximately 30% by 2025, revising the previously estimated growth from 12% to 25% by 2025 that was predicted by research in 2019, said Edward Sabbagh, Managing Director – Middle East, Farfetch, a British-Portuguese online luxury fashion retail platform, at the latest edition of the Dubai Technology Entrepreneur Campus (Dtec) Forum, powered by Entrepreneur Middle East.Indeed, Sabbagh’s insights on how the pandemic disrupted the retail landscape, causing big brands to reevaluate their whole supply chain, while also making space for new and smaller businesses in the sector, echoed the very reason why Dtec decided to dedicate the 38th edition of its Forum to the topic of “Realities of Retail in 2020: Offline to Online.”“Every Dtec Forum edition focuses on a trending topic, and tackles issues that are affecting technology and entrepreneurship industries,” said Hans Christensen, Vice President of Dtec, a part of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park. “We aim to explore, educate, and provoke discussions ...read more...
SourceEntrepreneur Middle East