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: 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.
Posted: May 7, 2014
UAE. High tech tender process will encourage creative and innovative concepts to reinvent the duty free experience.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 1, 2014
UAE. The UAE took part last week in U.S.-led airstrikes against Islamic State; Gulf Arabs regard Islamist groups as an existential challenge to their thriving economies and monarchies.
date:Posted: October 1, 2014
INTERNATIONAL. The Constitutional Court will keep challenging EU attempts at federalization and the Bundesbank will keep criticizing every measure that would reduce German sovereignty.
date:Posted: October 1, 2014
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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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