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Bloomingdale’s flowers in Dubai
New York’s famed shopping chain Bloomingdale’s finally opened its doors in the Middle East’s biggest mall yesterday in its first foray outside its home market. The Macy’s unit has teamed up with the United Arab Emirates’ Al Tayer, which is investing 270m dirhams (£46m) in a venture first mooted over two years ago. “We are bringing the best of America to Dubai with Bloomingdale’s,” said Shireen el-Khatib, chief executive of Al Tayer Insignia, the group’s luxury retail division. Macy’s first announced it would open in Dubai, the Gulf region’s tourism and trade hub, in September 2008 – just before global markets were sent tumbling by the collapse of Lehman Brothers.