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 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.
Posted: May 28, 2014
UAE. The winners of the Contemporary Majlis Design Competition of the Middle East Interior Design Awards were recently announced.
Posted: May 7, 2014
UAE. Expectations of the HNWI traveller debated at dedicated seminar session; part of newly launched ATM 2014 Spotlight on Luxury.
Posted: May 7, 2014
UAE. High tech tender process will encourage creative and innovative concepts to reinvent the duty free experience.
Posted: May 6, 2014
UAE. The event, on 2-3 June, aims to provide an engaging platform to present and discuss the outlook, challenges and opportunities of the regional luxury sector.
Posted: April 26, 2014
INTERNATIONAL. The transaction, made up of a mix of cash and shares, enables Geneva-based DLG to add "community-based intelligence" and events to its research offer, while giving it a presence in Paris.
Posted: April 24, 2014
UAE. The world's most luxurious hotel is taking romance to new heights 212 metres above the Arabian Gulf.
Posted: April 18, 2014
UAE. The CHANEL 2014/15 Cruise collection will be held in Dubai on May 13 2014, in the presence of Karl Lagerfeld.
Posted: April 14, 2014
UAE. Additional performance and efficiency without compromise to luxury; First application of hybrid power available in 2017 in the Bentley SUV.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
date:Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
date:Posted: September 17, 2014
UAE. "Building a sound, robust investment environment is crucial for boosting institutional investor confidence in the regional markets."
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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