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: May 20, 2015
UAE. As premium brands shift to the digital arena, the news from the Middle East about the rise of Smartphones is likely to further boost the luxury sector's fortunes.
Posted: May 18, 2015
UAE. Dubai has a presence of 55.7% of international retailers followed by Shanghai with 53.4%; Abu Dhabi ranks third place in top target market by new entrants; London retains top position as international shopping destination.
Posted: April 29, 2015
QATAR. Located in the Lagoona Mall in Doha, it is the brand's first store offering ready-to-wear and accessories in the Middle East.
Posted: April 28, 2015
INTERNATIONAL. The Barcelona-based family-owned fashion and fragrance business reported Profit Before Tax representing 16% of Net Revenues, similar to 2013. Net Income was up 0.8% to 177 million euros.
Posted: April 16, 2015
UAE. Dubai designer and entrepreneur Catherine Granger has created classy yet edgy footwear label So Soulier, soon available at exclusive locations.
Posted: April 4, 2015
INTERNATIONAL. Bourjois has a portfolio of color cosmetic products that are sold through approximately 23,000 points of sale in more than 50 countries around the world.
Posted: April 1, 2015
UAE. A fast-moving tribute to Charles Lewis Tiffany - inventor of the New York Minute - and the city where he first opened his doors to a new world of style.
Posted: March 30, 2015
INTERNATIONAL. The combination with WDF will enhance Dufry's global position in the travel retail industry.
Posted: March 27, 2015
UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.
Posted: March 24, 2015
UAE. In creating its first connected chronograph, Breitling has applied a new philosophy placing the smartphone in the service of the watch so as to enhance its functionality and conviviality.
Posted: March 20, 2015
INTERNATIONAL. The watch is an attempt to compete with devices by consumer-electronics makers, particularly the much-hyped watch by Apple.
Posted: March 17, 2015
UAE. DHL named Top Company to Work For in the UAE for the second consecutive year; biz-group maintains its position as Top SME to Work For in the UAE.
Posted: March 10, 2015
INTERNATIONAL. The Apple Watch sport will start at US$349 for the smaller model. The standard version will start at US$549 and the high-end "Edition" watch will be priced from US$10,000.
Posted: March 9, 2015
UAE. Launched in 2013 to uncover and support new fashion talents, the LVMH Prize announced its first winner in 2014.
Posted: March 6, 2015
INTERNATIONAL. Classic cars (+16%) were again the top annual performer in the index, which tracks the price growth of 10 luxury investment sectors

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 29, 2015
INTERNATIONAL. SITA survey investigated the connection between passenger's use of technology and their emotions to discover how they feel at every point of the journey; Survey shows that technology is helping put enjoyment back into flying.
date:Posted: May 28, 2015
UAE. The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technically vulnerable to further declines.
date:Posted: May 28, 2015
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
INTERNATIONAL. SITA survey investigated the connection between passenger's use of technology and their emotions to discover how they feel at every point of the journey; Survey shows that technology is helping put enjoyment back into flying.
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