Market Report

Dubai Airports bullish on international passengers flow in 2015

Dubai Airports expects the bullish trend of heavy flow of international passengers to continue in 2015. Dubai, which geographically situated at the crossroads between Asia, Africa, Europe, has used this opportunity to establish itself as a base for inter-continental transfer flights. Further cementing its position as the world’s busiest airport for international travelers, Dubai Airports plans to add new airlines to the Dubai World Central in 2015.

Market News

Golfer dies at Omega Dubai Desert Classic- pro-am tournament got cancelled

Omega Dubai Desert Classic recently cancelled the pro-am tournament and closed the course as a mark of respect to Ashok Bakshi, a founding member, who suffered a heart attack and died while warming up on the driving range. Bakshi, who was also a past captain of the Emirates Golf Club, suffered a cardiac arrest while warming up for the pro-am on the driving range, organizers said in a statement.

Company News

Chinese tourists visiting Dubai rises by 25% in 2014

The number of Chinese tourists visiting Dubai last year rose by 25 percent year-on-year, a tourism official said on Tuesday, Xinhua reported. Issam Kazim, chief executive of Dubai Corporation for Tourism and Commerce Marketing (DCTCM), made the remarks on the sideline of a two-day business conference. A total of 275,675 visitors came to the emirate, according to DCTCM data. "We started to give more Chinese access to Dubai by sea as we recently enabled multiple entry visas for Chinese nationals who plan cruise ship holidays in the Middle East," said Kazim.

Piaget announces Jessica Chastain as International Brand Ambassador

Piaget chose American international actress Jessica Chastain to embody the Piaget woman. ‘We are thrilled to introduce Jessica Chastain as our new international brand ambassador’, explains Philippe Léopold-Metzger, Piaget CEO. ‘She embodies Piaget’s unique values – from her audacious acting career choices to her unrelenting passion for perfection.

Arnold & Son announces partnership with Northrop & Johnson

Arnold & Son and US luxury yachting specialists Northrop & Johnson announces their global partnership. The venture unites two leaders in their respective industries with a common mission to offer a high-end clientele nothing but the very best. Both companies are committed to products that combine elegance and sophistication with a respect for traditional values. Equally importantly, they share an obvious bond with the oceans, as reflected in Arnold & Son’s Instrument Collection and Northrop & Johnson’s core business.

Pure Gold Jewellers awarded the Changi Airport jewellery concession

Pure Gold Jewellers has recently awarded the contract to operate a jewellery concession at Singapore Changi Airport’s departure in Terminal 1. The company currently operates several duty free locations including all terminals at Abu Dhabi and Kuwait International Airports, Jordan Duty Free, Kuwait Duty Free, Muscat Duty Free, Dubai Duty Free and Sri Lanka Duty Free.

Product Launch

Digital Luxury Group revealed the results of the WorldWatchreport 2015

On the occasion of the Salon International de la Haute Horlogerie, Digital Luxury Group unveils a preview of the results of the WorldWatchReport™ 2015 - Haute Horlogerie Edition.

Analyzing over 600,000 relevant online searches made daily for 18 Haute Horlogerie brands in 20 markets, the report features an in-depth analysis of the luxury watch industry and benchmarks consumer interest for the brands.
 
The WorldWatchReport™ is issued in partnership with Europa Star, and the support of the Fondation de la Haute Horlogerie.

The major Highlights of this survey is as follows:

1. Haute Horlogerie overperforms the global luxury watch market: global consumer interest up +23%.

2. China is the number one country and leads the growth in interest (+41%). However, interest is decelerating.

3. Vacheron Constantin experiences the fastest rise in interest with an impressive +41%.

4. Audemars Piguet Royal Oak & Royal Oak offshore collections are the most sought-after.

5. Engagement rate on Instagram six times bigger than on Facebook. 

Celebrate the love this Valentine’s Day with Mouawad

Mouawad heart jewellery beckons with precious love and timeless promises. Each mesmerizing piece sends a dear message to your beloved with a special design inspired by love, fitting the occasion perfectly. Let her heartbeat sparkle with magical pieces from Le Coeur, Flower of Eternity, Rosette and many other splendid collections.

de GRISOGONO presents new collections this Valentine’s Day

Boule Collection is the recent launch of de Grisogono’s sparkling spell of shimmering purple reflections made available for this year’s Valentine’s Day.

Chanel presents new Premiere Rock watch

Chanel’s new Premiere Rock watch in limited edition pieces as steel case white mother-of-pearl dial. Steel cabochon crown. Steel triple row chain interwoven with pastel pink leather. High precision quartz movement.

Celebrity News

Stars dazzles in Piaget Jewellery

Jessica Chastain wore Piaget Rose diamond earrings and a matching ring to Film Independent’s annual Filmmaker Grant and Spirit Award Nominee Brunch, sponsored by Piaget.  Event co-host, Emmy Rossum, sparkled in a set of white gold Piaget Rose diamond earrings and a Piaget Possession Ring, while co-host, Michael Peña, wore a Piaget Gouverneur watch in white gold.  Jaime King, wore a set of Piaget Possession rings, earrings and matching bracelet. Gina Rodriguez of ‘Jane the Virgin,’ attended the 2015 BAFTA Tea Party wore Piaget Possession earrings in white gold and diamonds and a Piaget Rose ring in white gold and diamonds.

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