Global Tablet Market Revenues to Reach $40.4 billion in 2012, $181.5 billion by 2018 Once high-end and luxury consumer devices, tablets are expanding quickly. Apple’s rise to dominance in the tablet market has been slowly eroded by cheaper, more mainstream competitor brands with similar tablets sold at a significantly lower price points. As a result … Read more
Luxury Remains Resilient in the Face of Economic Turbulence Affordable luxury – important ballast to growth in cash-strapped developed markets Driven mainly by strength in emerging economies, overall retail growth in 2012 is set to be stronger than in 2011, with luxury goods sales expected to exceed US$302 billion worldwide. This represents a year-on-year real … Read more
Luxury Brands Move into Chinese E-Commerce Space Salvatore Ferragamo is the latest luxury brand to move into Chinese E-Commerce following moves by other retailers such as Net-A-Porter, Yoox, Zara, Armani, and Coach. Luxury house’s sales in China grew 36% first quarter of 2012.In 2011, online retail generated about $121 billion in sales. Ferragamo‘s online retail … Read more
Specialty Retail 2012: Mobile and Amazon are reshaping retail. M-commerce is the fastest growing channel in the history of commerce Digital IQ Index: Specialty Retail 2012: E-commerce is now M-commerce L2, a think tank for digital innovation, released its third annual Digital IQ Index: Specialty Retail. The report benchmarks the digital competence of 76 global … Read more
“Modernist Cuisine” authors launch free online cooking school Modernist Cuisine encyclopedia will have an online version in form of a free online cooking school.Called ChefSteps, the educational platfom is the idea of a group of alumni from Modernist Cuisine. The future students will master techniques of traditional and modernist cooking through practical, hands-on demonstrations with … Read more
Condé Nast to Open a Vogue Cafe, GQ Bar in Dubai Vogue Café to serve international cuisine inside Dubai Mall’s Level Shoe District With designer shoe brands spread across 8,919 square meters, Dubai Mall’s Level Shoe District is the largest shoe store in the world and the home for a new fashion café opened by … Read more