In September 2007, Dubai International Capital Emerging Markets acquired a significant stake in the Rivoli Group (‘Rivoli’), one of the UAE’s leading family-owned businesses. Rivoli is a leading retailer of watches, writing instruments and other luxury goods in the UAE and broader GCC market. The Group operates over 215 retail outlets, under the names Rivoli, Hour Choice and mono-brand boutiques on behalf of Mont Blanc, Dunhill and Vertu, among others.
Rivoli represents some of the top international watch brands and other well-known branded luxury goods. Its portfolio includes Montblanc, Omega, Cartier, Longines, IWC, Dunhill, Blancpain, Glashutte, Carl F Brucherer, Calvin Klein, Tag Heuer, Vertu, Swatch and Kenzo. The Group has well-established and long-standing relationships with some of the major watch manufacturers.
