Sunday 23 July 2017
 
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Luxury goods

Pre-owned shopping app launched in UAE

Theluxurycloset.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.

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Pre-owned shopping app launched in UAE

Theluxurycloset.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…

Mideast luxury goods sector to see big growth

The 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

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Mideast luxury goods sector to see big growth

The 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…

Italy's fashion industry to build ties with Iran

Italy 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

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Prada to open fewer stores as profit falls

Italian 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

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Luxury goods market riding high on ME wave

The 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.

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ME luxury goods market registers solid growth

The 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

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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

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DDF sales jump 12pc in Q1

Dubai Duty Free (DDF) has recorded Dh1.6 billion ($438 million) sales for the first quarter, up 12 per cent over the same period last year thus signaling an excellent prospect for the retailer’s 30th year of business. With t

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