L’Oréal eyes digital media to connect closer to consumers Speaking on a conference call regarding L’Oreal Group’s fourth quarter results, managing director of Strategic Marketing Marc Menesguen announced that based on positive results in 2011, the company will look to invest further in digital media. Beauty is one of the most discussed topics on social … Read more
Tanarg Bionix High-end ultralights trike – The best open air sport flying machines Tanarg Bionix’ ultra-light aircraft Air Creation‘s Tanarg is market leaders of high-end ultralights. The unequaled pleasure offered for a limited budget has attracted flight enthousiasts for 2 decades. Over the years, Air Creation has become a world famous name in ultra-light aircraft … Read more
Downward shift in luxury consumer attitudes at the start of 2012 signals shift toward ‘inconspicuous’ consumption that minimizes ostentation Media reports of a ‘renaissance’ in the luxury market appears to be limited to an extreme top tier of consumers, a small number compared with the bulk of the luxury marketplace potential, says the latest Unity … Read more
Buyer beware: the ugly face of cosmetic tourism Cosmetic tourism? Yes. But do your homework before getting swept up in the fantasy According to “Booming Medical Tourism in India” report on Reportlinker, the heart surgery centers in India offer treatment at a significantly lesser prices compared to North America and Europe. Superior quality of dental … Read more
Worldwide Cost of Living 2012: Mature markets still the most expensive Zurich, Tokyo, Geneva, Osaka and Oslo are the most expensive cities in 2012 Muscat, Dhaka, Algiers, Kathmandu and Panama are top 5 least expensive cities For the first time in at least two decades of Economist Intelligence Unit reporting the worldwide cost of … Read more
L Capital, the private equity arm of LVMH has bought the 8 percent stake held by Wolfensohn Capital Partners in unlisted Indian ethnic wear chain Fabindia, two sources with direct knowledge of the matter said to reuters. Fabindia is India‘s largest private platform for products that are made from traditional techniques, skills and hand-based processes. … Read more