PARIS (Reuters) - With Middle East airspace reopening and the U.S.-brokered ceasefire between Israel and Iran appearing to ...

The luxury industry is in a constant state of flux, as consumer spending habits change in line with fashion and economic circumstance. This is particularly relevant in the volatile world of ...

23 August 2016 JEDDAH -- The global luxury goods sector is expected to grow more slowly in 2016, at a rate many retailers may find disappointing, according to Deloitte's annual report entitled "Global ...

According to Fares, the Middle East is increasingly becoming a powerhouse in the luxury retail sector, competing with the likes of Milan, Paris and New York. In fact, the luxury goods market in the ...

The global market for premium wines and fine dining continues to show strength and resilience. Now, the eyes of the industry ...

There’s no disputing that the pandemic severely disrupted the luxury sector. The luxury market in the Gulf alone declined 17 per cent in 2020 to $7.4 billion, with countries impacted by varying ...

Moreover, the consumption of luxury goods and services in the Middle East beat the global average by far, increasing by 11 percent in 2014. International luxury brands and groups, such as LVMH and ...

A luxury ride-hailing app operating in Moscow, London and Paris is expanding into the Middle East as a “hedge” against lengthy lockdowns that have shattered the services industry in Europe.

With Middle East airspace reopening and the U.S.-brokered ceasefire between Israel and Iran appearing to hold, the luxury sector is still counting on the region's wealthy shoppers to help offset ...