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Lower spending from Russian tourists takes toll on luxury industry

Posted by on Feb 25, 2015 in DATA & ANALYSIS, RESEARCH

Global Blue, a company specialising in the study of tourism taxes, noted a sharp decline in spending by Russian tourists during their stays abroad.

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Great opportunities ahead for private banks in 2015

Posted by on Feb 25, 2015 in DATA & ANALYSIS, RESEARCH

Private wealth doubled in the GCC growing by 17.5 per cent year on year between 2010 and 2014.

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Ulysse Nardin to slow production

Posted by on Feb 24, 2015 in BUSINESS, International, Watches

The maison names changes in exchange rates, the decline in oil prices and,...

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Richemont hit by the Asian market recession

Posted by on Feb 24, 2015 in BUSINESS, International

In the light of the fairly positive results of LVMH and the Swatch group, one...

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Tesla Model S: The electric engine giving performance cars a run for their money

Posted by on Feb 23, 2015 in Cars, PRODUCTS

American electric car manufacturer, Tesla Motors Inc., recently revealed a...

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Luxury brands and motorsports, an unlikely matrimony

Posted by on Feb 23, 2015 in Apparel & Accessories, Brand Perspective, Cars, Fragrances & Cosmetics

It comes naturally for luxury brands to team up with showbiz celebrities to...

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Wealth-X expands its reach

Posted by on Feb 22, 2015 in BUSINESS, International

Ultra-high-net-worth (UHNW) intelligence firm Wealth-X acquires London-based...

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For AMG, customisation is key

Posted by on Feb 22, 2015 in Cars, PRODUCTS

On the sidelines of the AMG Performance Tour 2015 at Yas Marina Circuit, Abu...

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Ahead of Baselworld, Ulysse Nardin strengthens Middle East presence

Posted by on Feb 18, 2015 in Brand Perspective, PEOPLE & BRAND VIEWS, Watches

During the world fair, set to be held in Switzerland’s Basel between March 19...

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Middle East director: McLaren keeps its ‘foot on the accelerator’

Posted by on Feb 17, 2015 in Brand Perspective, Cars, PEOPLE & BRAND VIEWS

McLaren has gone a long way from being a successful name on race tracks, to an...

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