Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Ernst & Young releases 10th anniversary edition of the Renewable energy country attractiveness index. A new era is dawning in the renewable energy industry. Energy demand, natural resource, technology costs, access to finance and global competitiveness are identified as the key influences for investors, according to the 10th anniversary edition of the Renewable Energy Country … Read more
In an attempt to find growth, the companies are, again, turning to multichannel, believing that when channels coordinate, the whole is greater than the sum of its parts. Although e-commerce continues to register double-digital growth year-over-year, online sales have not matched the hype and vision evangelized over the last 15 years. In the same vein, … Read more
Tiffany to Open a Store in Moscow Tiffany & Co. announced plans to open a two-level store in Moscow’s GUM department store, the city’s premier destination for luxury shopping and a center for art and culture, located in Red Square. At approximately 420 square meters, it is the jeweler’s first wholly owned retail business in … Read more
U.S. home prices see strong gains in the first quarter of 2013, according to the S&P/Case-Shiller Home Price Indices. The leading measure of U.S. home prices, showed that all three composites posted double-digit annual increases. The 10 -City and 20-City Composites increased by 10.3% and 10.9% in the year to March with the national composite … Read more
Muslim tourism market potential. Muslim tourists may very well be the largest un-tapped niche market of the tourism Industry, according to Global Muslim Lifestyle Travel Market: Landscape & Consumer Needs Study’ compiled by DinarStandard, a US based marketing research & advisory firm focused on the Muslim markets. By 2020, 14 percent of all international trips … Read more
Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more