china wholesale market

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 24, 2015
UAE. In creating its first connected chronograph, Breitling has applied a new philosophy placing the smartphone in the service of the watch so as to enhance its functionality and conviviality.
Posted: March 20, 2015
INTERNATIONAL. The watch is an attempt to compete with devices by consumer-electronics makers, particularly the much-hyped watch by Apple.
Posted: March 17, 2015
UAE. DHL named Top Company to Work For in the UAE for the second consecutive year; biz-group maintains its position as Top SME to Work For in the UAE.
Posted: March 10, 2015
INTERNATIONAL. The Apple Watch sport will start at US$349 for the smaller model. The standard version will start at US$549 and the high-end "Edition" watch will be priced from US$10,000.
Posted: March 9, 2015
UAE. Launched in 2013 to uncover and support new fashion talents, the LVMH Prize announced its first winner in 2014.
Posted: March 6, 2015
INTERNATIONAL. Classic cars (+16%) were again the top annual performer in the index, which tracks the price growth of 10 luxury investment sectors
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 4, 2015
UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
date:Posted: August 4, 2015
EGYPT. Latest data painted a bleak picture; Business conditions worsened amid declines in output, new orders and employment, although the respective rates of contraction were only slight.
date:Posted: August 4, 2015
SAUDI ARABIA. Stronger growth of the sector as a whole was mainly driven by sharper expansions in both output and new orders, while purchasing activity also rose more quickly; However, data for employment bucked the general trend, as the rate of hiring eased to a 14-month low.
UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
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