Luxury Goods & Duty Free

FEATURED REPORT...
Posted: 07-08-2011
INTERNATIONAL. It’s a tiny circle known for exclusivity, but its global reach into emerging markets means the luxury business needs online networking. When you think of luxury, you think of small, elite, exclusive. When you think of the internet you think exactly the opposite, and marrying the two has historically enjoyed little success. Yet a company called The Luxury Society evolved into a flourishing business by exploring where a mass media platform could successfully meld with a niche luxury network. According to Pierre-Yves Poulain, co-founder with four others of the website that i
Posted: August 28, 2014
INTERNATIONAL. Refined and with an essential look, Traversetolo has a case of large proportions ( 43 mm) coupled with a mechanical hand-wound movement inspired by a mechanism of the '50s and perfected over time.
Posted: August 6, 2014
UAE. It is said that education is the best investment you can make for yourself and for your children. The affluent population in the Middle East appear to agree. They are also amongst the most digitally plugged-in in the world.
Posted: August 5, 2014
UAE. Eight renowned international designers chosen by Vogue Italia to showcase their collections; 20 emerging international designers selected, for the first time; The Middle East's largest fashion event takes place from Oct 30 to Nov 1, at The Dubai Mall.
Posted: July 22, 2014
UAE. Yas Mall to house new shopping concept set to be the largest department store in the region comprising 200,000 square feet of prime retail space.
Posted: July 17, 2014
INTERNATIONAL. Hugh Jackman joins VIP guests for launch of high performance leather goods.
Posted: July 17, 2014
INTERNATIONAL. The building, designed by architect Frank Gehry, will become a new center in Paris for contemporary French and international artistic creation.
Posted: July 7, 2014
UAE. Fashion Forward designers will now show in London at the international finals.
Posted: June 25, 2014
UAE. Dubai Design District (d3) confirmed that over 140 licenses have been granted for businesses to move to the site, with over 40% of these from the MENA region.
Posted: June 23, 2014
UAE. US$171.8 billion of luxury goods sales globally; Deloitte report identifies the largest luxury goods companies around the world; provides insights for M&A activity and retail & ecommerce operations.
Posted: June 17, 2014
UAE. The market has been mainly driven by tourism growth (9%-10%) while the resident market has been growing but at a slower rate, according to Bain & Company's luxury goods worldwide market study, Spring 2014.
Posted: June 16, 2014
UAE. The conference dedicated to the business of luxury in the Middle East, was held on June 2 and 3 at the Westin Dubai Mina Seyahi and was organized by Mediaquest.
Posted: June 14, 2014
UAE. The projected growth of manpower demand within the UAE's retail sector results from exponential growth across the industry as a whole; The UAE is the most mature retail market in the GCC.
Posted: May 29, 2014
UAE. As part of the review of the draft Law at Ministerial level, amendments have been made to the draft Law which address some of the concerns raised by brand owners on earlier versions of the draft Law.
Posted: May 29, 2014
UAE. A new film just released by Bentley - offering a rare glimpse of the company's design approach - shows how the exterior of this new car is taking shape.
Posted: May 28, 2014
UAE. Abu Dhabi ranks fourth amongst the top 20 hottest retail markets; London and Dubai are significantly ahead of New York, Moscow and Shanghai, the other locations which make up the top five; Luxury brands account for a quarter of new market entrants globally.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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