Effective January 1, 2026, the UAE’s expanded ban on single-use plastics has driven broad adoption of sustainable alternatives by retailers, manufacturers and residents, marking a key milestone in the country’s sustainability strategy.

Softening resale prices for Hermès Birkin bags point to weakening demand among aspirational luxury buyers, highlighting a growing divergence between discretionary consumers and ultra-high-net-worth spending.

After years of aggressive increases, brands confront slowing demand and shifting expectations.