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Dubai among top global cities for luxury shoppingDubai is among the best cities in the world for luxury shopping and a crucial spending hub for the region, with high-end shoppers coming from around the world, said an industry expert. “The dynamics of the luxury goods marke More… |
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Pre-owned shopping app launched in UAETheluxurycloset.com, a fast-growing online marketplace that buys, sells, and consigns personal pre-owned luxury goods, at discounted prices, has now launched an app to complement its existing e-commerce platform in the UAE. More… |
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Pre-owned shopping app launched in UAETheluxurycloset.com, a fast-growing online marketplace that buys, sells, and consigns personal pre-owned luxury goods, at discounted prices, has now launched an app to complement its existing e-commerce platform in the UAE. More… |
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Mideast luxury goods sector to see big growthThe Middle East represents a big opportunity for luxury brands, said an industry expert, adding that luxury malls in Abu Dhabi and Dubai in the UAE have helped put these cities on the map for the industry. “Well-established More… |
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Mideast luxury goods sector to see big growthThe Middle East represents a big opportunity for luxury brands, said an industry expert, adding that luxury malls in Abu Dhabi and Dubai in the UAE have helped put these cities on the map for the industry. “Well-established More… |
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Italy's fashion industry to build ties with IranItaly has become the first European country to take steps to help its fashion industry build a stronger presence in Iran following the lifting of Western sanctions. The two countries signed an agreement during a two-day visit by I More… |
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Prada to open fewer stores as profit fallsItalian luxury goods group Prada said it will be opening fewer stores than previously planned this year after reporting a 21 per cent fall in its first-half net profit. The company said it did not see significant improvements in t More… |
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Luxury goods market riding high on ME waveThe luxury goods sector remains resilient despite the economic challenges, thanks to the support from the Middle East and Africa region along with Asia Pacific and Latin America which will account for 25 per cent of the market by 2025. More… |
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ME luxury goods market registers solid growthThe luxury goods market in the Middle East region continues to surge at a rapid pace with a 5 to 8 per cent year-on-year growth mainly driven by tourism boom despite regional worries, said a report. The region maintains a positive More… |
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ME luxury market ‘growing at steady pace’Luxury goods market in the Middle East is growing at a steady pace, with Dubai accounting for about 30 per cent of the market, said a study. The ‘Luxury Goods Worldwide Market study’ conducted by Bain and Company, an a More… |
