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: June 2, 2016
INTERNATIONAL. Smart clothing will soon extend beyond fitness to target a wide range of personal, health, and enterprise uses, disrupting traditional fashion trends.
Posted: April 21, 2016
UAE. Francisco Costa and Italo Zucchelli to leave the company as Creative Directors of Calvin Klein Collection.
Posted: April 16, 2016
INTERNATIONAL. New report focuses on changing face of luxury, with a younger generation of UHNWI increasingly focused on pursuing rare, tailored experiences over accumulating replicable "things."
Posted: April 5, 2016
UAE. One of the highlights of the latest Swiss-made timepieces is the introduction of the first chronograph movement manufactured by Mouawad Genève.
Posted: March 22, 2016
INTERNATIONAL. Increase of existing EUR 240 million Revolving Credit Facility to EUR 350 million; Unchanged Terms and Conditions with maturity in 2020.
Posted: February 27, 2016
INTERNATIONAL. The Paris-based prestige fragrance brand embodies timeless sophistication and modern luxury; Terms of the deal were not disclosed.
Posted: February 26, 2016
QATAR. Luxury Swiss watchmaker looks to the future with innovative offering and commitment to be #ConnectedToEternity; Exclusive Ambassador Watch Faces also unveiled.
Posted: February 16, 2016
UAE. Sales were up 10.3% in 2015, despite increasing economic volatility worldwide.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 27, 2016
INTERNATIONAL. Markets participants are on edge and with many questions unanswered post the Brexit victory adding to the uncertainty, investor risk appetite has diminished.
date:Posted: June 27, 2016
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.
date:Posted: June 23, 2016
SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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