“Wanda’s acquisition of Sunseeker is strategic.” Although the private yachting market is in its early stages in China, this industry is growing rapidly. China’s consumption has been growing, with an exceptionally strong appetite in the luxury market. In 2012 China surpassed Japan as the world’s largest luxury market and by 2015 McKinsey & Co. predicts … Read more
Asia’s jewellery industry is full of thriving and innovative businesses and individuals with diverse talents. JNA Awards 2013 serves as a testament to the fact that Asia’s jewellery industry celebrates outstanding performance and achievements of enterprises in the jewellery industry. The following individuals and companies have been shortlisted as Honourees for the JNA Awards … Read more
Sharks ecotourism could double in next two decades. According to a new global analysis led by researchers at the University of British Columbia and quoted by The Pew Charitable Trusts (PEW), shark watching is a major economic driver for dozens of countries, generating $314 million annually. Citing the study’s projections that shark-related tourism could more … Read more
Getting inside the latest wine trends: Vinexpo 2013. With new products, visitors to Vinexpo Bordeaux (France), the world’s biggest wine and spirit exhibition and a key event in the calendar of every wine and spirits professionals, can detect fresh trends and emerging consumer habits. With more than 80 events in its programme, this year’s “Tastings … Read more
Michael Burke, chairman and CEO of Louis Vuitton, receives the 2013 Prix EDHEC. Michael Burke, chairman and CEO of Louis Vuitton, has been named the 2013 recipient of the prestigious “Prix EDHEC,” an honour that is awarded by the alumni association of the French business school for which the prize is named. The Prix EDHEC … Read more
The Oberoi Group announced the Opening of The Oberoi, Dubai. The flourishing hospitality sector in the United Arab Emirates has a new offer for discerning business and leisure travellers. The Oberoi Group (founded in 1934) announced the Opening of The Oberoi, Dubai, the Group’s first property in the United Arab Emirates. The hotel overlooks the … Read more