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: August 22, 2016
UAE. Well-established big-name brands perform well in the region, and tourism is a major driver of sales in Dubai. Although the region is likely to feel the impact of political unrest as well as global economic uncertainty, further growth is expected overall.
Posted: August 3, 2016
UAE. The highly consolidated Middle East eyewear market marks the dominance of the luxury eyewear maker Luxottica S.p.A., states Transparency Market Research (TMR) in a recent report.
Posted: August 3, 2016
INTERNATIONAL. As part of his role as Chief Creative Officer, Mr. Simons will oversee all aspects of Design, Global Marketing and Communications, and Visual Creative Services.
Posted: July 29, 2016
INTERNATIONAL. New innovation from world's number one liqueur brand; Inspired by timeless French sophistication and the growing popularity of luxury liqueurs amongst shoppers in duty free.
Posted: July 19, 2016
KUWAIT. Existing and prospective customers were invited to an exclusive gathering and test drive event at Lamborghini Kuwait showroom in Shuwaikh.
Posted: June 2, 2016
INTERNATIONAL. Smart clothing will soon extend beyond fitness to target a wide range of personal, health, and enterprise uses, disrupting traditional fashion trends.
Posted: April 21, 2016
UAE. Francisco Costa and Italo Zucchelli to leave the company as Creative Directors of Calvin Klein Collection.
Posted: April 16, 2016
INTERNATIONAL. New report focuses on changing face of luxury, with a younger generation of UHNWI increasingly focused on pursuing rare, tailored experiences over accumulating replicable "things."
Posted: April 5, 2016
UAE. One of the highlights of the latest Swiss-made timepieces is the introduction of the first chronograph movement manufactured by Mouawad Genève.
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."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 23, 2017
UAE. Dubai strongly positioned as financial, retail, construction, and transportation services hub for the region, according to latest report from A. T. Kearney.
date:Posted: February 23, 2017
INTERNATIONAL. Despite its starring role in business and everyday life, many economists openly question whether technology is visible in traditional economic metrics such as GDP, productivity, and corporate profits.
date:Posted: February 23, 2017
UAE. New MEED Insight report shows how lower oil prices have reshaped Middle East investment strategies in oil, gas and petrochemicals projects.
INTERNATIONAL. This is part two of a recent conversation I had with students, faculty, and alumni at New York University, where I had the opportunity to answer some questions concerning the turmoil in the Middle East and America's role in the world.
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