UAE. Classic brands are playing by different rules today to grow in the new markets of the East. But is the “New Look” worth it?
The continued growth of emerging markets like the Middle East and China are “transforming the luxury industry”, said Claudio D’Arpizio, a Bain & Company partner and lead author of its ‘Spring 2011 Update: Luxury Goods Worldwide Market Study’ upon the report’s release in May. “Luxury has made a brilliant return to the retail stage, but the script has been re-written” to suit both the escalating demand and the new consumer.
The Chalhoub Group,
UAE. GCC equity markets bounce back strongly as profits surge; India boosts bank lending to long-term infrastructure projects; Major central banks remain accommodative; Watch US inflation data for clues to the future trajectory of interest rates.
UAE. In preparation for the Law coming into effect in early September 2014, employers should now review who within the workforce is affected by the Law, what the duration of service will be and how the business is going to resource whilst the employee is away and ensure that the role remains open.
UAE. Griffiths joins the company from Thailand-based Oriental Copper, one of the top 5 global suppliers of fabricated copper based products and solutions for the electrical energy and electronics industry.