Search results for: “art market”
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India – a major chocolate focus as the other markets begin to slow
Love of chocolate booming in India India emerges as fastest growing market for Western confectionery chocolate On 13 November, India fetes Hindu holiday Diwali, the festival of lights. For five days, India is celebrating with banquets and feasts that include desserts and chocolate. Chocolate consumption in India has almost doubled since 2008, with sales of…
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PPR’s third-quarter 2012 results: luxury division revenue jumps 12%
PPR luxury group third-quarter 2012 revenue PPR continue to boast strong performances even as growth cools in the luxury and high-end market PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR’s Luxury division posted an 11.9% leap in revenue in the third quarter of the…
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Global luxury market forecast: Fundamentals for growth remain strong, but it’s going to be a bumpy ride
Bain Projects Global Luxury Goods Market Will Grow Overall by 10% in 2012, Though Major Structural Shifts in Market Emerge Strong Holiday Sales Will Cap Off Strong Performance in 2012 Worldwide luxury goods market revenues will grow by seven percent in the final three months of 2012 versus the same period in 2011, culminating in full…
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Philippe Starck’s Ma Cocotte opened in Paris’ Flea Market
My midget, my rabbit, my doe, my poppet, my hen, my quail, ma cocotte… After designing popular chain restaurant Paradis du Fruit, Le Royal Monceau, Café la Cigale and Mori Venice Bar all in Paris, designer Philippe Starck opened the doors of its own restaurant in Paris’ Saint Ouen flea market, one of the biggest…
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Siberian Popigai Crater diamonds could turn the market upside down
The far north of Siberia is believed to have vast and untouched diamond reserves in a unexplored crater. The 100-kilometre (60-mile) Siberian Popigai Crater was formed by a huge asteroid 35 million years ago and is lying 2,000 kilometres from the main Trans-Siberian railway line. The deposit sits at the northern end of the border…
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The luxury goods market continues to prove resilient
Global Luxury Goods Industry to Generate Additional US$74 Billion in New Sales by 2017 Despite the global volatile economic outlook, the luxury goods market continues to prove resilient, according to the new luxury market research from Euromonitor International, one of the world’s leading provider for global business intelligence and strategic market analysis. In 2012, the…