Search results for: “art market”
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The real price of fake products: EU report
Fake products harm the economy, as they damage legitimate business and starve innovation. Counterfeiting activities account for over €200 billion in losses for the world economy and it is estimated that such losses may climb further, according to European Commission‘s latest study “Too good to be true: the real price of fake products”, a report…
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Russians, British and Chinese – the fastest growing luxury hospitality consumers
Global interest for luxury hotels remains stable at +1.5%: Digital Luxury Group US dominates the luxury hotel industry with New York remaining top destination for luxury hospitality destinations worldwide, according to 1st World Luxury Index Hotels, a in-depth analysis of leading luxury hotel brands produced by Digital Luxury Group in partnership with the Chair of Luxury…
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The US replaces China at the top of the Renewable energy country attractiveness index
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…
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Using digital to drive in-store luxury purchases: Multichannel Retail study
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,…
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Luxury premium Tequila – Hold the salt and lemon , Please!
Arguably the most underrated and misunderstood spirit; tequila shots in a bar with salt and lemon, are becoming a thing of the past. Today’s tequila market offers an array of refined luxury products best savoured by themselves or on ice. Think: Fancy cocktail party toast…An addition to the finest spirits in your collection…A memorable gift…
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Tiffany & Co. to open jeweler’s first wholly owned retail business in Russia
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…