Luxury Luxury labels focus on lower-priced goods to appeal to middle-class shoppers PARIS: Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and... Published 20 Dec, 2024 02:02pm
Currency As bitcoin soars, luxury brands consider accepting crypto payments PARIS: Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further... Updated 18 Dec, 2024 03:26pm
Luxury Local in focus: 5 bridal designers on our radar With wedding season underway in full force in Pakistan, event planners, florists, photographers and designers are... Updated 17 Dec, 2024 06:51pm
MENA Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024 The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s... Published 16 Dec, 2024 04:58pm
MENA Dubai’s real estate sector is evolving, moving towards ‘branded residences’ Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in... Published 13 Dec, 2024 06:29am
Luxury The $6.2 mn banana: Sotheby’s auctions controversial artwork A banana duct-taped to a wall sold to a cryptocurrency entrepreneur Updated 21 Nov, 2024 03:13pm
MENA Why Dubai’s current real estate boom is here to stay Knight Frank official says buying patterns point towards genuine end users rather than speculative investors Updated 20 Nov, 2024 05:34pm
Luxury Louis Vuitton opens bold pop-up store on NYC’s Fifth Avenue Five-story location houses a cafe and chocolate shop Updated 16 Nov, 2024 05:38pm
Luxury Diamond necklace linked to Marie Antoinette sells for $4.8 million GENEVA: A diamond-studded necklace thought to be linked to a scandal that hastened the downfall of the doomed 18th... Published 14 Nov, 2024 02:22pm
Luxury Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says MILAN: Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with... Published 13 Nov, 2024 07:17pm
MENA Dubai real estate developer DAMAC Properties launches luxury airline DAMAC Air will offer journeys to coveted tropical destinations like Bali, Hawaii, and Maldives Published 11 Nov, 2024 04:13pm
Luxury Diamond necklace allegedly linked to Marie Antoinette’s demise up for auction GENEVA: A diamond-studded necklace thought to be involved in a scandal that led to the eventual downfall of the last... Published 08 Nov, 2024 02:04pm
MENA Dubai Real Estate Sector Strategy 2033 aims for AED 1 trillion market valuation Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP... Published 30 Oct, 2024 10:39pm
Luxury Hermes defies luxury slowdown, reports strong sales PARIS: French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the... Published 24 Oct, 2024 04:41pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept