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: August 5, 2014
UAE. Eight renowned international designers chosen by Vogue Italia to showcase their collections; 20 emerging international designers selected, for the first time; The Middle East's largest fashion event takes place from Oct 30 to Nov 1, at The Dubai Mall.
Posted: July 22, 2014
UAE. Yas Mall to house new shopping concept set to be the largest department store in the region comprising 200,000 square feet of prime retail space.
Posted: July 17, 2014
INTERNATIONAL. Hugh Jackman joins VIP guests for launch of high performance leather goods.
Posted: July 17, 2014
INTERNATIONAL. The building, designed by architect Frank Gehry, will become a new center in Paris for contemporary French and international artistic creation.
Posted: July 7, 2014
UAE. Fashion Forward designers will now show in London at the international finals.
Posted: June 25, 2014
UAE. Dubai Design District (d3) confirmed that over 140 licenses have been granted for businesses to move to the site, with over 40% of these from the MENA region.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 23, 2014
UAE. Deflationary reading of data endangers risky assets; Global cues drive GCC markets; Growth scare unsettles investors; Extreme bearishness on oil may be overdone.
date:Posted: October 23, 2014
SAUDI ARABIA. The 2014 study - which outlines the top priorities that concern young Saudis - is key to helping policymakers and business leaders design initiatives targeted at improving the lives of the Kingdom's current and future generations.
date:Posted: October 22, 2014
UAE. 47% of Middle Eastern respondents indicated that they are considering a proactive shareholder engagement policy which can open and sustain a productive dialogue with investors.
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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