Experiential luxury, encompassing luxury travel and hospitality, has witnessed remarkable growth, surpassing expectations by the end of 2022. Sales in this category are projected to increase by a subs…
Experiential luxury, encompassing luxury travel and hospitality, has witnessed remarkable growth, surpassing expectations by the end of 2022. Sales in this category are projected to increase by a subs…
Individual travellers from 59 countries can now travel visa-free to Hainan directly from overseas.…
Amorepacific announced the expansion of Laneige, the South Korean group’s flagship global skincare brand, in the United Kingdom and its market debut in the Middle East, following its debut in No…
An annual global business event, The Retail Summit is one of the most significant networking platforms for the retail industry in the Middle East and North Africa region. Held on […]…
Dubai Duty Free today revealed that sales in 2022 reached USD 1.74 billion, representing a 78 percent leap on the Covid-hit previous year. That amounts to 85.8 percent of pre-pandemic […]…
The pandemic has drastically shifted customer traffic to digital channels. For instance, a two-week period in March 2020 saw an increase of 25 percent in online sales, which have grown […]…
By 2030, the global market for Metaverse is expected to reach USD 1.6 trillion. This has been driven by investment by industry-leading organisations such as Meta (Facebook), Microsoft, Google, and Nvi…
Global and domestic direct-to-consumer e-commerce company ESW reported a 17 percent increase in cross-border online sales of luxury goods in the first half of 2022, despite diminishing consumer confid…
At a time when the cost of shipping tea and other ingredients globally and from Taiwan has risen by up to five times, the bubble tea market acrossthe globe is growing rapidly, as markets such as Austr…
According to a new report released by the Mastercard Economics Institute, global flight bookings show that the demand for leisure travel across domestic, short-haul and medium-haul trips was higher in…