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 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
Posted: September 29, 2015
UAE. Made by Taiba Gold & Jewellery of Saudi Arabia, the 58.686 kg gold ring is studded with 5.17 kg of Swarovski stones.
date:Posted: February 9, 2016
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
date:Posted: February 9, 2016
UAE. Headline seasonally adjusted Emirates NBD Dubai Economy Tracker Index registers 50.7; Modest increases in output and employment; New business volumes rise at slowest pace since February 2010; Construction is the weakest performing sub-sector.
date:Posted: February 8, 2016
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.