From the busy streets of bustling Beirut to the most luxurious catwalks of fashionable Paris, over more than 40 years, self-taught Lebanese designer Elie Saab has evolved his eponymous brand from being the expression of a single individual's creative vision to becoming a globally recognized fashion empire.
However, his journey to the top is much more than a personal success story; it's a blueprint for building a timeless brand. "I have followed my dreams and pursued my vision, which have brought me to where I am today. This journey has not been easy, requiring hard work and dedication," says Elie Saab, Founder and Creative Director of ELIE SAAB.
Today, ELIE SAAB is synonymous with elegance and luxury, with the brand's designs regularly hitting the headlines as they grace royalty, celebrities, and brides across the globe. In June 2023, Princess Rajwa AI Hussein wore an ELIE SAAB gown as she married Crown Prince AI Hussein of Jordan, with the U.K.'s Princess Kate Middleton also wearing an ELIE SAAB creation as she attended the event. Jennifer Lopez, Jessica Chastain, Rita Ora, and Jessica Biel are also among the brand's A-list international fans.
While the founder's relentless commitment has evolved his name to legendary status among the fashion elite, today Elie Saab's eldest son is leading the strategic vision of the company. It's proving to be a very successful approach for the family business. According to the company head, last year was the best in the brand's history in terms of revenues and profits. "We are achieving top-line growth," says Elie Saab Jr., Group CEO and Vice Chairman of the Board of ELIE SAAB. "Since 2020, the company has grown with a CAGR of 45%. In the first half of 2024, we saw 31% year to-date growth."
Esta historia es de la edición July 2024 de Forbes Middle East - English.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 2024 de Forbes Middle East - English.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Celebrating Emirati Businesswomen and Entrepreneurs on Emirati Women's Day
As part of the U.A.E.’s annual Emirati Women’s Day celebrations, the Abu Dhabi Business Women Council and the Abu Dhabi Chamber hosted an event on August 28, 2024, under the theme “We Collaborate for Tomorrow,” celebrating the role and achievements of Emirati women.
THE MIDDLE EAST'S TOP 100 HEALTHCARE LEADERS 2024
MENA’s healthcare landscape is evolving towards integration, marked by the rise of fully comprehensive ecosystems. Industry giants are setting future trends, driven by systems that thrive on data abundance, accessibility, and intersectoral collaboration.
SCOUTING FOR OPPORTUNITIES
Ayman Cheikh-Lahlou, Chairman and CEO of the Morocco-based Cooper Pharma, took the helm of the family-owned pharmaceutical company in 2005 and has seen business boom over nearly 20 years. Now, he’s exploring expansion opportunities in new markets.
TURNING THE TIDE
Irina Zaporozhets, President and General Manager for Eli Lilly Suisse S.A. in the META region is driving expansion, focusing on innovation and patient-centric care. As she navigates regional challenges, her commitment to expanding access to medicine remains at the forefront.
Supercharging AI
Armed with a newly raised 640 million, GROQ thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for Al from scratch.
How Technology is Accelerating Digital Equality in Diverse Markets
The rise of smartphones and digital technologies has transformed our daily lives, contributing to the evolution of connected consumers.
Rare Fortune
Money manager JAMES LITINSKY turned a bad junk bond bet into a $400 million fortune. His MP Materials operates a strategic mine and will begin manufacturing supermagnets for electric vehicles next year.
The State of Mental Health in the Middle East
While mental health awareness is on the rise, the Middle East faces some challenges in providing care. Still, we're seeing some progress.
Big Breakthroughs
From gene therapy to nasal sprays, these were some of the most significant healthcare breakthroughs in the last year.
MENA's 5 Most Valuable Healthcare Companies 2024
The combined market cap of 57 healthcare companies listed on MENA's stock exchanges hit $83.7 billion on August 13, 2024, with the top five companies accounting for about 62.4% of the total market cap. These are MENA's five most valuable healthcare companies in 2024.
