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: March 5, 2015
UAE. Qatar, Saudi Arabia and Kuwait all ranked in the top 10, with the three nations performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel.
Posted: March 2, 2015
QATAR. Paying homage to the forthcoming centenary of the last Fabergé Imperial Eggs ever delivered, Fabergé has crafted an extraordinary, one-of-a-kind egg objet in collaboration with Qatar's Al Fardan family, one of the world's most renowned collectors of pearls.
Posted: February 28, 2015
UAE.Three day open to the public event has been specifically commissioned and curated to feature a compelling mix of local, regional and international designers, artists, musicians, concept retailers and unique dining experiences.
Posted: February 23, 2015
UAE. Abu Dhabi Airport Duty Free closed 2014 at AED 1.009 billion, representing a rise of 10.5% versus 2013 (AED 912.9 million).
Posted: February 19, 2015
UAE. 1.1 billion euros in total revenues recorded across both retail and wholesale channels; Recurring operating income (EBIT) for the entire fiscal year reached 357 million euro, posting an increase of 8% on a reported basis compared to 2013.
Posted: February 18, 2015
INTERNATIONAL. In an open letter, the chairman of the company confirms work on "a car that offers the luxury of a Rolls-Royce in a vehicle that can cross any terrain." "This new Rolls-Royce will be Effortless ... Everywhere."
Posted: February 13, 2015
UAE. Luxury goods industry leaders to mentor next generation talent.
Posted: January 28, 2015
UAE. Investment expands brand's footprint in the GCC and consolidates current presence of 300 outlets across the region.
Posted: January 27, 2015
UAE. Alpen Capital study forecasts promising growth for retail sector across GCC; retail structure undergoing significant transformation, driven by the social and economic developments; the outlook for Qatar is most optimistic.
Posted: January 12, 2015
UAE. The Jaguar F-PACE - the production version of the breakthrough C-X17 concept car - is a highly efficient five-seat performance crossover.
Posted: January 6, 2015
INTERNATIONAL. Misfit, maker of wearable and smart home products, announced Swarovski Shine, an exclusive collection of two new wearable products and nine unique, sparkling accessories.
Posted: December 18, 2014
UAE. International tourism and a stronger middle class are shaping luxury trends, including luxury experiences and alternative luxury channels, with a focus on the consumer rather than geography.
Posted: December 16, 2014
UAE. De Beers Bankers Executive Briefing on diamond financing hosted at DMCC's Almas Tower.
Posted: December 11, 2014
UAE. DDFC welcomes designers to their first community event with industry experts to outline the importance of designers in building a solid business case for growth.
Posted: December 2, 2014
UAE. Arabic inspired photo frame set to capture limelight at Middle East's most influential jewellery event.

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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