Yoox CEO Federico Marchetti Expects Profitability to Increase in 2012 Italian internet mail order luxury retailer Yoox expects profitability to Increase in 2012. Yoox climbed 8.6 percent, the most in more than eight months, in Milan trading on Feb. 9 after reporting a 36 percent increase in 2011 revenue that exceeded analysts’ estimates. North America … Read more
Alwyn Stephen began his career in the United Arab Emirates way back in 1985 as a salesperson. By sheer coincidence in 1988, he got into the fragrance business and from that year on there was no turning back. He started his career in the fragrance business with one of the leading perfume companies in Dubai. … Read more
Want to rent a village? Yours for just $60,000 Renting a whole village is the latest initiative village authorities are using to drum up some much needed cash and the Liechtenstein-based firm Xnet offer has already attracted the interest of many large global firms, including Agip, AEG, Hyundai, Siemens and Wyeth Pharma. Previous events include … Read more
Bahrain protests just “a lot of kids”, says Ecclestone Formula One boss Bernie Ecclestone has said the Bahrain Grand Prix will go ahead this April. Ecclestone said to arabian business he had no intention of cancelling the up and coming race in the Gulf state unless advised to do so by Bahrain authorities. “But I … Read more
Luxe trucks: High-end pickups picking up Chrysler Group will add a second level of luxe trucks to its Ram light-duty line at the Chicago Auto Show this week, highlighting a new source for profit: the buyers of high-end pickups. All of the makers say the high end of the pickup market has been especially strong. … Read more
The biojet fuel British Airways is planning to produce in its new plant in London has not yet been certified for use by the UK authorities, the airline has admitted to the Guardian. British Airways said that it would build what is believed to be Europe’s first plant to manufacture “biojet fuel” using food scraps … Read more