For Chalhoub Group, the deal represents the latest iteration of an investment strategy that has evolved significantly over the past decade. Kassim-Lakha, who is driving the group’s venture capital efforts, said the company, which employs more than 16,000 people across eight countries in the Middle East , is looking beyond its traditional retail and distribution model to direct brand ownership and development.The investment, which is in a venture capital range — under $5 million — comes as Chavarria rides a ...