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ME among top 10 luxury markets with $9bn spendThe Middle East ranked among the top 10 in the global luxury markets with a spend of 8.1 billion euros ($9.2 billion) during 2015, said the Luxury Goods Worldwide Market Study by Bain & Company, noting that worldwide spending topped 1 trilli More… |
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Classic cars continue as top luxury spendDespite uncertainties in economic conditions, the appetite for wealthy collectors remains robust as individuals turn to tangible investments such as cars and paintings, which are likely to appreciate in value, said an industry expert. More… |
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Classic cars top luxury investment indexClassic cars topped a major annual index which tracks the price growth of 10 luxury investment sectors. The Knight Frank Luxury Investment Index (KFLII), from the top property consultancy, rose in value by 10 per cent during 2014, More… |
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Classic cars top luxury investment indexClassic cars topped a major annual index which tracks the price growth of 10 luxury investment sectors. The Knight Frank Luxury Investment Index (KFLII), from the top property consultancy, rose in value by 10 per cent during 2014, More… |
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GCC dominates global luxury spending indexQatar, Saudi Arabia and Kuwait ranked in the top 10 of a global luxury index, performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel, a report said. St More… |
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Oman set to top region in luxury spendingA majority (53 per cent) of luxury spenders in Oman plan to spend more on luxury goods and experiences in 2015, a report said, highlighting that this compares to a regional average of 31 per cent. This and places Oman ahead of all More… |
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Oman set to top region in luxury spendingA majority (53 per cent) of luxury spenders in Oman plan to spend more on luxury goods and experiences in 2015, a report said, highlighting that this compares to a regional average of 31 per cent. This and places Oman ahead of all More… |
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Oman set to top region in luxury spending in 2015A majority (53 per cent) of luxury spenders in Oman plan to spend more on luxury goods and experiences in 2015, a report said, highlighting that this compares to a regional average of 31 per cent. This and places Oman ahead of all More… |
