Latest news with #Sajwani
Fashion United
27-06-2025
- Business
- Fashion United
Roberto Cavalli 'exploring strategic partnerships' as it eyes growth
Italian fashion house Roberto Cavalli has said it is 'exploring strategic partnerships' as it looks towards 'the best path for growth'. The news comes amid ongoing turnaround efforts at the brand, which is currently under the ownership of Emirati businessman Hussain Sajwani. The statement, initially issued to and published by Reuters, read: 'Cavalli is working to find the best avenue of growth, which includes exploring strategic alliances. 'This process will be carried out with the participation of all relevant shareholders.' Since rescuing Cavalli from bankruptcy in 2019, Sajwani has set out to enact a restructuring agreement granted by the Italian courts. Much of his focus has been on strengthening the brand's presence in the Middle East, where it has established real estate projects and taken part in events like Dubai Fashion Week. Cavalli has also explored new ventures, like a licensing agreement for a homeware collection, collaborations with culturally-relevant brands like Skims and a string of store openings across Europe, Asia and North America, diversifying its portfolio. The brand is currently helmed by creative director Fausto Puglisi and chief executive officer Sergio Azzolarias, who had been tapped back in 2023 for his 'transformation experience and intense focus on results', Sajwani had said at the time. Efforts seemed to have been paying off according to the brand's most recent available financial statements. In 2023, Cavalli recorded revenues of 120 million euros, up from 80 million euros in 2022. FashionUnited has contacted Roberto Cavalli with its own request to comment.
Gulf Business
20-05-2025
- Business
- Gulf Business
Exclusive reveal: Abbas Sajwani shares details of AHS Properties' new launch
When Now, the developer is preparing to unveil its third canal‑side development — Casa AHS — and we caught up with Sajwani to learn what sets this latest address apart. 'Luxury starts with location,' Sajwani explains, referring to the unique stretch of the Dubai Water Canal that links One Canal, Casa Canal and soon Casa AHS. 'On one side you see the city skyline; on the other, Safa Park — few settings can rival it.' A boutique collection Casa AHS offers 32 ultra‑luxury residences, including Sky Villas, Sky Mansions and Sky Palaces, ranging from 5,088 to nearly 30,000 sq ft. With a GDV of $750m (Dhs 2.75bn) and average prices above $20m, these canal‑front properties blur the line between a residence and luxury retreat. 'Each purchaser completes a profile check, and our committee approves clients to maintain exclusivity and community standards,' Sajwani notes. Bespoke design and amenities Architect Shaun Killa returns for Casa AHS's exterior, while HBA Residential handles interiors — continuing a partnership born at Casa Canal. 'There's great chemistry,' Sajwani says. 'Shaun captures the architectural spirit; HBA then makes it livable day‑to‑day.' Highlights include private infinity pools, spas, and even a golf simulator in one unit. A signature penthouse boasts four pools and private garage access, all framed by double‑height ceilings up to 12m for uninterrupted canal views. Residents will enjoy a host of five-star amenities, including a private lounge, resident workspace and 24/7 concierge services accessible via a resident-only app. Additional offerings include exclusive access to a curated ultra-high-net-worth network and chauffeured limousine services. Each residence also comes with electric vehicle charging stations, dedicated bicycle storage, and secured private storage rooms. Read: Rapid, targeted growth AHS's playbook has remained focused: small collections of ultra‑luxury homes in prime locations. Last year, the company's GDV stood at Dhs 1.65bn; with Casa AHS, it exceeds Dhs10bn (approximately $2.75bn). 'By year‑end, we aim for $5.5bn (Dhs20bn) in GDV — doubling our footprint with equally exclusive projects,' Sajwani confirms. One Canal, Casa Canal, and Casa AHS now form a continuous luxury enclave. 'It's about creating a distinct community atmosphere,' he says, 'where each project builds on the last.' Tapping a global buyer pool Dubai's magnetism for high‑net‑worth individuals aligns perfectly with AHS's niche. Dubai-based real estate agency BetterHomes reported that 6,700 millionaires moved to the UAE in 2024; Sajwani says Europe — particularly London — is now the strongest source market. 'Issues around UK taxes, security, and inheritance laws are pushing buyers to Dubai,' he explains. 'Our pre‑launch sold over 70 per cent of units, mainly to international clients,' he adds. What's next for AHS Properties As demand for curated, ultra‑luxury living grows, Sajwani's focus remains unwavering: 'We'll continue developing in the residential and commercial luxury sectors, always anchored by location and exclusivity.' With Casa AHS set for its public launch and a pipeline aligned to this boutique blueprint, AHS Properties is cementing its position as a key player in Dubai's luxury real estate landscape.
Campaign ME
08-05-2025
- Business
- Campaign ME
The brand strategy behind DAMAC's Chelsea Residences
DAMAC Properties has revealed its Chelsea Residences by DAMAC, its residential development born from its global partnership with Chelsea FC. The branded homes aim to blend Chelsea's heritage with DAMAC's luxury credentials. Campaign Middle East spoke with Amira Sajwani, Managing Director of Sales & Development of DAMAC Properties and Todd Kline, President – Commercial, Chelsea Football Club to uncover the 'why' behind the branded residence. 'To be at the forefront of branded residences, bringing different brand identities into our projects is something we're very passionate about,' Sajwani said. To explore this interest, she stated the next arena that the group wanted to explore was health and longevity. 'This is a goal that aligns with the UAE's vision over the next 10 years as well,' she said, in reference to the UAE's National Strategy for Wellbeing 2031. Further building on this, Kline spoke to Chelsea's incentive behind the partnership. 'While Chelsea is a football club at heart, we really are a lifestyle brand,' he said. 'This project is a great brand extension to actually have our fans and football fans in general to be immersed in all things Chelsea.' Kline stated that DAMAC was an obvious choice to partner with to bring the Chelsea brand to the world. 'There's a very small percentage of our fan base that will actually get a chance to come to Stamford Bridge, or meet a player,' he said. 'A brand such as DAMAC is synonymous with luxury, design and craftsmanship and that's something that speaks right to the heart of what Chelsea FC is all about,' he said. 'To push the envelope and do things that have never been done before.' Both brand ambassadors said that creating an immersive experience into the Chelsea FC brand is another factor behind the Chelsea Residences. Sajwani listed several tailored amenities that the property will offer to consumers in the region. This includes a rooftop Chelsea FC branded football pitch, a fitness club that will offer the same treatments as Chelsea FC footballers and more. 'Consumers can expect the project to be as quirky as having the building light up every time Chelsea scores a goal,' Sajwani said. Looking ahead, DAMAC and Chelsea FC plan to bring more experiences to audiences in the region and the UK over the three-year agreement leveraging the Stamford Stadium, social media campaigns, and digital experiences.
Trade Arabia
07-05-2025
- Entertainment
- Trade Arabia
Damac launches Chelsea F C branded residences
Damac Properties has officially revealed Chelsea Residences by Damac, the iconic residential development born of its landmark global partnership with Chelsea F.C. Located in Dubai Maritime City, Chelsea Residences stands on one of the last remaining waterfront corner plots offering unobstructed 270-degree views of the Arabian Gulf and the Dubai skyline. The development consists of six towers rising 130 m high with over 1,400 meticulously designed apartments, each inspired by the serenity of the sea and the passion of Chelsea F.C. 'This is more than a residence - it's the beginning of something extraordinary. Chelsea Residences by DAMAC represents a convergence of two global powerhouses, redefining what it means to live like a champion,' said Sajwani. 'Every detail of this development embodies the spirit, discipline and pride of Chelsea F.C., from its design language to its world-class facilities.' This is a first-of-its-kind, landmark collaboration, where the Chelsea brand permeates every square foot of the property. Residents can immerse themselves in a curated lifestyle that includes Chelsea F.C.-branded fitness and wellness facilities, an outdoor rooftop football pitch and an Aquarium Lounge in Chelsea blue. Whether enjoying a game in the private Cinema, training in the Chelsea Athlete Performance Centre or relaxing in the Rain Therapy Room, residents can live with the rhythm of champions, said Damac. Chelsea Residences also offers thoughtfully crafted health and fitness experiences rarely seen in residential developments. These include a cryotherapy centre, forest relaxation pods, a kneipp parkour therapy path, and a starlit wellness centre. The project also features an infinity pool, aerial yoga studio, Chelsea Sports Bar, and even a powerhouse lounge - a resort-style mancave with live football screenings, boxing, darts and more. Dining takes a wellness-first and experience-rich approach. Highlights include Dubai's first healthy mono-diet café, a private chef's table experience, and the show-stopping Captain's Table—a resident-exclusive event series hosted by Chelsea F.C. legends.
Hi Dubai
24-04-2025
- Business
- Hi Dubai
AI Integration Pays Off for DAMAC, Adding AED 200 Million to Collections
Ali Sajwani, Managing Director of DAMAC Properties, has revealed that artificial intelligence (AI) is playing a transformative role in reshaping the real estate landscape, delivering measurable financial and operational gains. During the Dubai AI Festival, Sajwani stated that AI has become central to strategic decision-making at DAMAC, touching every aspect of development—from sales and land selection to pricing, marketing, design, and customer service. One of the most notable impacts has been on financial collections. By integrating AI into its customer communication and payment tracking systems, DAMAC boosted its monthly collections by AED 200 million—a 20% increase. AI enabled the company to swiftly identify and address payment delays, replacing a previously manual review process that only covered 5 to 10% of transactions. Today, the system analyzes 100% of client data and interactions. Sajwani emphasized that AI's value now extends far beyond back-end operations. 'AI is no longer just a technical tool—it's integral to how we make decisions across the board,' he said. The technology's impact is also evident in customer satisfaction. DAMAC's score rose from 3.5 out of 5 at the start of 2024 to 4.5, thanks to faster, more personalized service powered by AI insights. As the real estate industry increasingly embraces innovation, DAMAC's experience highlights how AI is not just enhancing efficiency—it's redefining the future of property development. News Source: Emirates News Agency
