Business TravelC-Suite Advisory

These Are The World’s 20 Most Important International Shopping Destinations In 2017

Well, turns out that Dubai has become the world’s most important international shopping destination for 2018, according to the 2018 edition of CB Richard Ellis (CBRE) study, with 62% of all global retailers present in the emirate. Over the next 3 years alone, more than 1.5 millon sq. m. of new retail space could be delivered to the Dubai market.

Shanghai in China and UK’s London placed second and third, with 55.3 and 51.7 percent, respectively, in terms of international retailer presence, while Abu Dhabi came in fourth with 51%.

The world’s 20 most important international shopping destinations in 2017:

1. Dubai, United Arab Emirates
Percent of retailers present in 2017: 62.0%
Percent of retailers present in 2016: 62.0%
Last year’s rank (2016): #1

2. Shanghai, China
Percent of retailers present in 2017: 55.3%
Percent of retailers present in 2016: 55.7%
Last year’s rank (2016): #2

3. London, United Kingdom
Percent of retailers present in 2017: 51.7%
Percent of retailers present in 2016: 53.0%
Last year’s rank (2016): #3

4. Abu Dhabi, United Arab Emirates
Percent of retailers present in 2017: 51.0%
Percent of retailers present in 2016: 51.0%
Last year’s rank (2016): #4

5. Paris, France
Percent of retailers present in 2017: 48.0%
Percent of retailers present in 2016: 48.7%
Last year’s rank (2016): #5

6. Hong Kong
Percent of retailers present in 2017: 47.3%
Percent of retailers present in 2016: 47.0%
Last year’s rank (2016): #6

7. Singapore
Percent of retailers present in 2017: 46.7%
Percent of retailers present in 2016: 46.7%
Last year’s rank (2016): #7

8. New York, United States
Percent of retailers present in 2017: 46.3%
Percent of retailers present in 2016: 46.7%
Last year’s rank (2016): #7

9. Doha, Qatar
Percent of retailers present in 2017: 45.3%
Percent of retailers present in 2016: 46.0%
Last year’s rank (2016): #9

9. Moscow, Russia
Percent of retailers present in 2017: 45.3%
Percent of retailers present in 2016: 44.0%
Last year’s rank (2016): #10

11. Beijing, China
Percent of retailers present in 2017: 43.3%
Percent of retailers present in 2016: 43.7%
Last year’s rank (2016): #11

12. Miami, United States
Percent of retailers present in 2017: 43.0%
Percent of retailers present in 2016: 42.0%
Last year’s rank (2016): #12

13. Kuala Lumpur, Malaysia
Percent of retailers present in 2017: 41.7%
Percent of retailers present in 2016: 41.7%
Last year’s rank (2016): #13

14. Madrid, Spain
Percent of retailers present in 2017: 41.3%
Percent of retailers present in 2016: 41.3%
Last year’s rank (2016): #14

15. Tokyo, Japan
Percent of retailers present in 2017: 41.0%
Percent of retailers present in 2016: 41.0%
Last year’s rank (2016): #15

15. Bangkok, Thailand
Percent of retailers present in 2017: 41.0%
Percent of retailers present in 2016: 41.0%
Last year’s rank (2016): #15

15. Kuwait
Percent of retailers present in 2017: 41.0%
Percent of retailers present in 2016:41.0%
Last year’s rank (2016): #15

18. Berlin, Germany
Percent of retailers present in 2017: 40.7%
Percent of retailers present in 2016: 40.3%
Last year’s rank (2016): #18

19. Chengdu, China
Percent of retailers present in 2017: 40.0%
Percent of retailers present in 2016: 39.7%
Last year’s rank (2016): #19

20. Los Angeles, United States
Percent of retailers present in 2017: 39.7%
Percent of retailers present in 2016: 39.7%
Last year’s rank (2016): #19

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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