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: September 6, 2014
INTERNATIONAL. In a joint effort to develop new ways of engaging consumers online whilst preserving the value of trusted brands and enhancing creativity, LVMH and Google have signed a cooperation agreement.
Posted: September 5, 2014
UAE. A number of new retail outlets opened in the period; The total number of transactions in the period was just over 2 million, 12.8% higher than the first half of 2013.
Posted: September 4, 2014
INTERNATIONAL. During more than 20 years as its chief executive, and with his remarkable vision, energy and sense of strategy, Yves Carcelle established Louis Vuitton as the world's foremost brand in the luxury sector.
Posted: September 4, 2014
UAE. OneSixEight refers to the number of hours in one week; Each piece highlights the bold beauty of a single solitaire diamond, accentuated by individually matched stones.
Posted: August 28, 2014
INTERNATIONAL. Refined and with an essential look, Traversetolo has a case of large proportions ( 43 mm) coupled with a mechanical hand-wound movement inspired by a mechanism of the '50s and perfected over time.
Posted: August 6, 2014
UAE. It is said that education is the best investment you can make for yourself and for your children. The affluent population in the Middle East appear to agree. They are also amongst the most digitally plugged-in in the world.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
dhgate