Euromonitor International, one of the leading providers of global business intelligence and strategic market analysis, has recently published a new report about beauty and personal care in Romania. According to the report, the Romanian beauty and personal care market continued to grow in 2010 reaching a value of RON 3,940.5 million, although at a slower … Read more
Designed for those customers deeply embedded in African and Middle Eastern cultures, the 2011 luxury Shisha waterpipe by Porsche Design reflects the iconic style credo of the Porsche Design luxury brand: purist design combined with high-end materials. A vision of simplicity, The Porsche Design Shisha is made in Germany and stands at a height of … Read more
L2’s inaugural study of European fashion brands reveals that the digital competence of the continent’s niche fashion brands lags that of their larger, more established global fashion peers. The ranking measures the digital aptitude of 46 European niche fashion brands with annual turnover between €25 million and €250 million. Brands were measured on 350 data … Read more
Because of demand from wealthy buyers taking advantage of tax privileges, Monaco maintained its title as the world’s most expensive luxury residential market for the fourth straight year. In recent study made by Global Property Guide, the world’s most expensive cities are still in Europe in spite the debt debacle and austerity measures imposed by … Read more
Online Shopping Grows Slowly in Brazil Brazil has clearly embraced the online universe, with one in every three people having access to the Internet. But that figure is not translating into online luxury sales for social and economic reasons. “The market is still very much on the initial phase of development,” says Carlos Ferreirinha, the … Read more
The rise in grape prices from the Champagne region’s 2011 harvest will be unavoidably passed on to the consumer. Champagne is expected to go up in price in the New Year as grape prices increase in the French region. Although Champagne is currently being heavily discounted by supermarkets fighting for market share, the rise in … Read more