Thursday 18 April 2024
 
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luxury market

Luxury brands ‘continue growth in ME markets’

The percentage of consumers in the UAE, Russia and China claiming to have increased their spending in the luxury market in the last five years was 70 per cent, compared to 53 per cent in the more mature markets such as the EU, US and Japan, a re

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Luxury brands ‘continue growth in ME markets’

The percentage of consumers in the UAE, Russia and China claiming to have increased their spending in the luxury market in the last five years was 70 per cent, compared to 53 per cent in the more mature markets such as the EU, US and Japan, a re

More…

Dubai ‘set to capture Mideast luxury market’

As travel creates new opportunities to capture luxury spend in the Middle East, Dubai as a major tourist hub and passenger transit point is well placed to capture this market, said an industry expert. “Several key aspects of

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Dubai ‘set to capture Mideast luxury market’

As travel creates new opportunities to capture luxury spend in the Middle East, Dubai as a major tourist hub and passenger transit point is well placed to capture this market, said an industry expert. “Several key aspects of

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Dubai diamonds market ‘set to grow’

With the number of high net-worth individuals worth $30 million and more in Dubai expected to increase by 53 per cent in the next 10 years, the luxury retail markets, including the one for diamonds, will continue to grow, said an expert.

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