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: February 11, 2016
INTERNATIONAL. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and India.
Posted: February 7, 2016
UAE. Bain & Company Diamond Industry Report predicts a potential market rebound in 1-2 years, but not before current turmoil forces the mid-market to reevaluate their business models; "The GCC jewelry retail market has performed better than other luxury goods categories in 2015, due to a lower sensitivity to non-GCC tourists."
Posted: January 30, 2016
UAE. d3 showcases smart services the district is deploying to benefit the sector.
Posted: January 28, 2016
UAE. First Jaguar SVR; Developed to exploit the two-seat aluminium sports car's full potential while retaining its day-to-day usability.
Posted: January 18, 2016
UAE. Cutting edge Dubai fashion designers are exploring new angles and pushing the boundaries on innovation; New short film fronted by fashion expert Alanoud Badr captures fashion innovation in Dubai.
Posted: December 18, 2015
INTERNATIONAL. As a part of the new vision for Tommy Hilfiger women's, supermodel and social media star Gigi Hadid will launch her first ever capsule collection including apparel, footwear, accessories - and fragrance in collaboration with the designer.
Posted: December 7, 2015
UAE. Famous shoe designer chooses Infor solution for its flexibility and ability to address global business issues.
Posted: November 17, 2015
UAE. According to Bain & Company's 2015 worldwide luxury report, luxury brands will need the right pricing model to win against hard-to-predict currency volatility.
Posted: November 12, 2015
UAE. Network International report based on credit and debit card transactions; Top three tourist spenders continue steady growth: US (15%), Saudi (29%) and UK (17%); Luxury takes a fall.
Posted: October 28, 2015
UAE. Parisian tearoom's hot chocolate concoction was a firm favourite of style icon Coco Chanel.
Posted: October 27, 2015
INTERNATIONAL. Estée Lauder has signed an agreement to purchase an interest in Have & Be Co. Ltd., the South Korean company behind skin care brands Dr. Jart+ and Do The Right Thing. Terms of the investment were not disclosed.
Posted: October 13, 2015
INTERNATIONAL. Revenue reaching 25.3 billion euros for the first nine months of 2015; Organic revenue grew 6% compared to the same period in 2014.
Posted: October 8, 2015
UAE. MICE events bridge gap between work and play, offer limitless win-win business opportunities, says Gulf Craft CEO; GCC MICE segment valued at US$1.3 billion; UAE contributes 50%.
Posted: October 6, 2015
UAE. Experts from Chalhoub Group, professors and academics in addition to industry and sustainability experts shared their expertise and knowledge with AUS students on sustainability.
Posted: October 1, 2015
Introduction of all-new Jaguar line up including the New Jaguar XE-S, the All-New Jaguar XF-S and the 2016 Model Year XJR

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 13, 2016
QATAR. The turmoil in financial markets at the beginning of this year has prompted some to question whether the US Federal Reserve should have increased interest rates in December.
date:Posted: February 13, 2016
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
date:Posted: February 12, 2016
INTERNATIONAL. A Syria in which the regime and IS, rather than other rebel groups, are the only real domestic players turns Bashar al-Assad into a pivotal cog in the fight against jihadism. That is something Saudi Arabia cannot allow to happen. To turn the tide, it needs a United States that is engaged and willing to do its bit.
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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Monogram Ring