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 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.
Posted: January 12, 2015
UAE. The Jaguar F-PACE - the production version of the breakthrough C-X17 concept car - is a highly efficient five-seat performance crossover.
Posted: January 6, 2015
INTERNATIONAL. Misfit, maker of wearable and smart home products, announced Swarovski Shine, an exclusive collection of two new wearable products and nine unique, sparkling accessories.
Posted: December 18, 2014
UAE. International tourism and a stronger middle class are shaping luxury trends, including luxury experiences and alternative luxury channels, with a focus on the consumer rather than geography.
Posted: December 16, 2014
UAE. De Beers Bankers Executive Briefing on diamond financing hosted at DMCC's Almas Tower.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 6, 2015
UAE. Business doesn't predict a plunge, London Business School survey finds; Only 3% of those surveyed expect an annual decline larger than 20%; Over a third cited a strong economic outlook.
date:Posted: July 6, 2015
INTERNATIONAL. Pretend and extend died last night, hopefully it will be replaced with a normal business cycle, normal ebbs and flows, but first politicians will try to save face by trying to do just one more round of pretend-and-extend, but the patient has died.
date:Posted: July 6, 2015
UAE. Marked slowdowns in growth of output and new business were at the forefront of the overall deceleration, while employment continued to rise at a solid pace.
INTERNATIONAL. Pretend and extend died last night, hopefully it will be replaced with a normal business cycle, normal ebbs and flows, but first politicians will try to save face by trying to do just one more round of pretend-and-extend, but the patient has died.
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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