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 22, 2016
INTERNATIONAL. Increase of existing EUR 240 million Revolving Credit Facility to EUR 350 million; Unchanged Terms and Conditions with maturity in 2020.
Posted: February 27, 2016
INTERNATIONAL. The Paris-based prestige fragrance brand embodies timeless sophistication and modern luxury; Terms of the deal were not disclosed.
Posted: February 26, 2016
QATAR. Luxury Swiss watchmaker looks to the future with innovative offering and commitment to be #ConnectedToEternity; Exclusive Ambassador Watch Faces also unveiled.
Posted: February 16, 2016
UAE. Sales were up 10.3% in 2015, despite increasing economic volatility worldwide.
Posted: February 11, 2016
INTERNATIONAL. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and India.
Posted: February 7, 2016
UAE. Bain & Company Diamond Industry Report predicts a potential market rebound in 1-2 years, but not before current turmoil forces the mid-market to reevaluate their business models; "The GCC jewelry retail market has performed better than other luxury goods categories in 2015, due to a lower sensitivity to non-GCC tourists."
Posted: January 30, 2016
UAE. d3 showcases smart services the district is deploying to benefit the sector.
Posted: January 28, 2016
UAE. First Jaguar SVR; Developed to exploit the two-seat aluminium sports car's full potential while retaining its day-to-day usability.
Posted: January 18, 2016
UAE. Cutting edge Dubai fashion designers are exploring new angles and pushing the boundaries on innovation; New short film fronted by fashion expert Alanoud Badr captures fashion innovation in Dubai.
Posted: December 18, 2015
INTERNATIONAL. As a part of the new vision for Tommy Hilfiger women's, supermodel and social media star Gigi Hadid will launch her first ever capsule collection including apparel, footwear, accessories - and fragrance in collaboration with the designer.
Posted: December 7, 2015
UAE. Famous shoe designer chooses Infor solution for its flexibility and ability to address global business issues.
Posted: November 17, 2015
UAE. According to Bain & Company's 2015 worldwide luxury report, luxury brands will need the right pricing model to win against hard-to-predict currency volatility.
Posted: November 12, 2015
UAE. Network International report based on credit and debit card transactions; Top three tourist spenders continue steady growth: US (15%), Saudi (29%) and UK (17%); Luxury takes a fall.
Posted: October 28, 2015
UAE. Parisian tearoom's hot chocolate concoction was a firm favourite of style icon Coco Chanel.
Posted: October 27, 2015
INTERNATIONAL. Estée Lauder has signed an agreement to purchase an interest in Have & Be Co. Ltd., the South Korean company behind skin care brands Dr. Jart+ and Do The Right Thing. Terms of the investment were not disclosed.
date:Posted: October 19, 2016
INTERNATIONAL. Largest quarterly increase for 18 months; Optimism driven by confidence in job security, up 6% since Q2, according to the latest Consumer Tracker from Deloitte.