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: 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.
Posted: April 10, 2014
UAE New boutique in terminal 3 has been artistically designed across 2,726 square foot retail space similar to a luxury high street store, offering passengers a unique experience and exclusive products.
Posted: April 2, 2014
INTERNATIONAL. Forward-looking travel bags for progressive driving made from carbon fibre.
Posted: March 21, 2014
UAE. "It will create a completely new segment in the SUV market," says Dr Wolfgang Schreiber, Chairman and Chief Executive at Bentley Motors.
Posted: March 19, 2014
UAE. Arabian Travel Market launch luxury theme to 2014 line-up as GCC travellers and global HNWIs seek out new high-end experiences.
Posted: March 13, 2014
UAE. Clifford Chance advises Mannai on its acquisition of a further 19% stake in Damas from a fund managed by EFG-Hermes for US$150 million.
Posted: March 11, 2014
UAE. According to analysis by Euromonitor, consumers in Saudi Arabia are expected to spend as much as US$68.20 per capita on premium cosmetics in 2017 as compared to US$49.20 in 2012.
Posted: March 6, 2014
UAE. The passage of the draft Law through the FNC (which is an elected form of Parliamentary advisory body) is a key stage in the legislative process and it brings the draft Law one step closer to being enacted.
Posted: March 5, 2014
INTERNATIONAL. Integrated in the instrument panel of the new XchangE from Rinspeed, the exclusive Patravi TravelTec automatic from Carl F. Bucherer is a striking statement of the meaning of time for travelers.
Posted: March 3, 2014
UAE. The vibrancy of the market, however, has given light to a more cautious spending consumer, who shows high preference for well-known brands and logos; Dubai remains the biggest market in the region with almost 30% of the total market share; Rise of "7 New Faces of Global Luxury Consumer".
Posted: February 21, 2014
UAE. Isn't it time to brush aside that 'dirty business'-reputation? Who is 100 percent perfect? Is 99.8 percent not good enough? After all, there are hardly any conflict diamonds these days.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 29, 2014
KUWAIT. US$35.1 billioln of new sukuks issued during 2Q14; GCC primary market account for 26.7% market share or US$17.7 billion of the total global new sukuk issuances in 1H14.
date:Posted: July 28, 2014
INTERNATIONAL. Janet Yellen is very different from any of her predecessors. She is likely the most dovish and politically leftist Fed Chair in the Central Bank's history; She sees the Fed's mission as a tool to promote progressive social policy.
date:Posted: July 28, 2014
QATAR. The potential in Indonesia is enormous and more rapid growth could generate opportunities for a number of foreign companies, says QNB Group report.
INTERNATIONAL. Another sign of deteriorating relations between the United States and Russia; The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of 500 to 5,500 km.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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