- The global luxury market exceeded 1 trillion in 2015, with personal luxury goods reaching 250 billion. Growth was driven by luxury cars and hospitality.
- Currency fluctuations resulted in a double-digit nominal growth rate for personal luxury goods, but real growth slowed to 1-2%.
- The US remained the largest market due to a strong dollar, but did not deliver real growth. Mainland China joined the top three markets globally.
- Chinese consumers were the largest luxury spenders worldwide, accounting for 31% of the market. Mature markets depend more on tourist spending.
PR BAIN Report the global diamond industryEd Dodds
油
The diamond industry has transformed significantly over the past 150 years:
- Early diamond sources were in India but supplies diminished, shifting trade to Brazil and southern Africa.
- Major deposits were discovered in South Africa in 1870, igniting a diamond rush. Cecil Rhodes consolidated mines under De Beers, which came to control 90% of global supply.
- De Beers created the Central Selling Organization in the 20th century to bring order and stability to the industry through centralized rough diamond sales.
- Supply diversified to Russia, Canada, and Australia as new sources were discovered on four continents. The Kimberley Process was established to curb conflict diamonds.
- Structural changes introduced more competition as
The document provides an extensive analysis of the Internet of Things (IoT), including projections that 34 billion devices will be connected to the internet by 2020, significantly affecting homes, businesses, and cities. It notes that businesses will be the primary investors in IoT solutions, with a projected investment of $6 trillion from 2015 to 2020, expecting a return on investment of $12.6 trillion over the following decade. The document also addresses challenges related to infrastructure and cybersecurity as IoT expands.
The Implicit Strategy Model of the Past Decade
-One ideal competitive position in the industry
-Benchmarking of all activities and achieving best practice
-Aggressive outsourcing and partnering to gain efficiencies
Advantages rest on a few key success factors, critical resources, -core competencies
-Flexibility and rapid responses to all competitive and market changes
Sustainable Competitive Advantage
-Unique competitive position for the company
-Activities tailored to strategy
-Clear trade-offs and choices vis--vis competitors
-Competitive advantage arises from fit across activities
-Sustainability comes from the activity system, not the parts
-Operational effectiveness a given
Bullets are for guns & to-do lists ,not presentations.Umberto Tessitore
油
The document outlines ten lessons from effective presenters like Steve Jobs, Scott Harrison, and Gary Vaynerchuk, emphasizing the importance of storytelling and emotional connection in presentations. Key tips include crafting a compelling narrative, using simple language, avoiding bullet points, and emphasizing visual elements over text. Ultimately, it advocates for thorough preparation and practice to deliver impactful presentations that can engage and move audiences.
Rand Fishkin discusses the evolution of SEO in a landscape dominated by two algorithms: Google's ranking algorithms and user engagement metrics. He highlights the shift from traditional SEO practices, focusing on input factors like keywords and links, to modern strategies emphasizing user experience, content quality, and engagement outputs. The presentation underscores the importance of adapting to machine learning advancements and optimizing for both search engine algorithms and user interactions to achieve better rankings.
This document provides a summary of global payment trends from 2014-2019 based on a report by Worldpay. Some key points:
- Global eCommerce is expected to grow to $2.4 trillion by 2019, with 30% of this from mobile devices.
- Alternative payment methods' share of eCommerce is expected to increase to 59% by 2019, up from 51% in 2014.
- eWallets are predicted to become the most popular payment method, growing their market share from 21.7% to 27.6%.
- Regionally, alternative payments' share of the market is expected to increase the most in North America and Asia Pacific.
In 2016, significant disruptions are expected across various sectors driven by digital technologies, including the mobile video space where Facebook is set to rival YouTube. The report outlines 25 tech predictions, with highlights like the growth of IoT in the automotive and oil industries, federal guidance on self-driving cars, and the rising demand for cyber insurance as businesses adapt to new cybersecurity threats. Additionally, the digital media landscape will see changes in video standards and an uptick in native advertising as companies navigate an evolving user experience.
Pricing is a fundamental area of analysis in luxury goods. Higher prices correlate with superior margin performance and faster growth.
A correlation with "Made in" highlights a "cost plus" pricing approach by most brands.
Performance on Cross Channel; Interaction among websites,e-commerce & store
The document summarizes the key findings from a 2015 global survey on digital IQ. It identifies 10 attributes that correlate with stronger financial performance among digital leaders. These include having CEO commitment to digital, a shared digital strategy across executive teams, engaging external sources of innovation, making investments for competitive advantage, utilizing data to drive value, proactive cybersecurity planning, a multi-year digital roadmap, and consistently measuring returns on investments. The document also discusses trends around digital strategies, spending, roles and disruption within organizations as they pursue digital transformations.
The document discusses how leading entrepreneurs are thriving and surmounting 21st century business challenges. It describes how some entrepreneurs have embedded digital transformation at the core of their business strategy and operations. This helps them scale faster while mitigating risks. Specifically, it provides examples of how some companies use social media tools, data analytics, cloud computing, and mobile technologies in their daily operations to improve communication, decision making, reduce costs and drive global expansion.
- The document analyzes the online pricing landscape of 30 luxury brands in the US based on data from 39,395 models.
- Higher prices generally correlate with superior profit margins and growth for luxury brands, though other factors are also at play. The prices of "Made in" heritage countries suggests a "cost plus" pricing approach.
- Luxury goods available online span a wide price range, from under $100 to over $100k, disproving the notion that online is only used to promote entry-level products. However, some brands exclude their very highest-priced items from online purchase.
The Luxury and Cosmetics Financial Factbook 2015 provides insights into the industry, highlighting a 3% growth in the global personal luxury goods market, reaching 224 billion. The report discusses key challenges such as managing global demand amid currency fluctuations, defining an effective omni-channel strategy, and optimizing retail models to adapt to changing consumer preferences. Despite the recent slowdown, the long-term outlook remains positive, with expected annual growth between 4% and 6% through 2017, driven by high-net-worth individuals and online sales development.
1) The document discusses luxury goods markets in the Middle East, with Dubai being the largest market. On average, Gulf residents spend $200-700 monthly on beauty, fashion, and gifts.
2) Dubai is ranked as the second most visited city globally for international overnight visitors and has 53.8% of global retailers present.
3) The top regions global investors prefer to invest in are the UAE (28%), China (21%), Europe (21%), the US (17%), and India (17%), citing a safe investment environment and economic growth potential.
The document provides a summary of a presentation given by Antonio Achille of BCG Milan on insights from a global luxury consumer research study. Key points:
- BCG interviewed 10,000 top luxury consumers across 10 countries to understand purchasing behaviors and trends.
- Organic growth from existing markets like Europe, US, and Japan will contribute around 60% of luxury market growth over the next decade, with the rest from emerging markets.
- The study provides unique insights by doubling the sample spending threshold to 20k annually, including all luxury categories, and identifying consumer segments.
- Growth areas over the next decade will be the US market and experiential luxury categories like hotels and food/wine.
Experience the Charm of Bur Dubai Livinggeorgemmmlaws
油
Discover the unique blend of history, culture, and modern convenience that makes Bur Dubai one of the most vibrant neighborhoods in the heart of Dubai. From traditional souks and heritage sites to trendy caf辿s and waterfront living, Bur Dubai offers something for everyone. Whether you're a resident, newcomer, or visitor, this dynamic area provides a rich lifestyle experience shaped by community, accessibility, and authentic charm. Join us as we explore what it's like to live in Bur Dubai where the past meets the present in the most captivating ways.
Al Barari Living Where Nature Meets Elegancegeorgemmmlaws
油
Al Barari Living showcases one of Dubais most exclusive and nature-inspired residential communities. Designed as a green oasis in the heart of the city, Al Barari is known for its luxurious villas, landscaped gardens, and commitment to sustainable living. From organic eateries and wellness centers to tranquil water features and botanical beauty, Al Barari is more than a home it's a lifestyle built around peace, privacy, and elegance.
Danang's Medical Tourism - A Promising Frontier for Asias Health and Wellnes...Gorman Bain Capital
油
As global travelers increasingly seek meaningful, wellness-oriented experiences, DanangVietnams coastal gemis emerging as a compelling destination for high-quality medical tourism. Recognized for its scenic beaches, cultural richness, and modern infrastructure, the city is now preparing for a major breakthrough in health-related travel.
To gain deeper insights into this evolution, Forbes spoke with Dr. Tran Quoc Bao, a prominent leader in Asias healthcare and wellness industry, about Danangs strategy and what the city must do to unlock its full potential in medical tourism.
________________________________________
Building a Strong Foundation for High-Quality Healthcare Travel
"Medical tourism is not a casual venture," says Dr. Tran. "It demands a robust ecosystemstate-of-the-art medical equipment, highly qualified healthcare professionals, strong aesthetic and wellness services, and even integration of traditional medicine practices." According to him, Danang is poised to deliver on these requirements.
The city has already ratified a strategic plan for developing medical tourism, aiming to blend its vibrant travel offerings with health services such as diagnostics, wellness retreats, cosmetic procedures, and traditional medicine therapies. What makes Danang stand out is its unique ability to integrate healthcare with world-class tourism experiences, Dr. Tran explains.
________________________________________
Is Danang Late to the Game? Not Quite.
When asked whether Danangs entry into the medical tourism sector is delayed, Dr. Tran disagrees. Its not about who moves firstit's about who builds the most sustainable and quality-driven ecosystem. The timing is right, he affirms.
With global demand for wellness and medical travel surging post-pandemic, Danangs entry coincides with a pivotal moment. Patients and wellness travelers are now more focused on holistic health and value-for-money experiences. Danang, with its favorable cost structure and rising medical standards, is well-positioned, he adds.
________________________________________
What Tourists Are Seeking
Though data specific to medical tourism usage is sparse, Dr. Tran notes a growing trend: We see strong demand for cosmetic enhancements, health screenings, physical conditioning programs, and traditional medicine experiences. These are areas where Vietnamand especially Dananghas a comparative advantage.
These services are bolstered by a skilled medical workforce, advanced medical technology, and the allure of beachside recovery and relaxationa major draw for health-conscious travelers.
________________________________________
Competitive Advantages in a Global Arena
According to Dr. Tran, Danangs key strengths lie in affordability, accessibility, and quality care. Compared to other regional medical hubs like Bangkok or Seoul, Danang offers a more cost-effective experience without sacrificing safety or expertise, he says.
Experience the Charm of Al Muhaisnah, Dubaigeorgemmmlaws
油
Al Muhaisnah is a dynamic and diverse residential area in Dubai, known for its vibrant community and strategic location in the northeastern part of the city. This neighbourhood offers a mix of affordable housing options, including villas and apartments, catering largely to families and working professionals. With essential amenities such as schools, parks, mosques, and shopping centers, Al Muhaisnah provides a practical and culturally rich living environment. The areas accessibility to major highways makes it convenient for commuters, while ongoing development projects highlight its growing potential for real estate investment. This presentation explores Al Muhaisnahs unique characteristics, community lifestyle, and its role in Dubais urban landscape.
Discover Life in Jumeirah Beach Residencegeorgemmmlaws
油
JBR offers a unique lifestyle that blends modern urban living with relaxed beachfront charm. With its iconic skyline, vibrant promenade, and direct beach access, it's one of Dubai's most dynamic and sought-after residential areas.
Creating a fairy garden is a delightful way to spark your childs imagination and encourage outdoor play. These miniature landscapes filled with whimsical fairy houses, tiny plants, and glowing trails offer a magical escape right in your backyard or balcony. Adding sparkling paths made with glow-in-the-dark stones takes the enchantment to the next level, especially for evening garden strolls..
Solo hiking offers a unique way to connect with nature. When solo hiking, safety is paramount. Understanding dangers and mitigating them may make an intimidating journey more enjoyable.
History of Ayurveda: Ancient Roots to Global HealingVedic Meet
油
Discover the complete history of Ayurveda, from its Vedic origins to modern global recognition. Learn how this ancient healing system continues to transform lives today.
Light Up the Night with a Luxe Candle Party ExperienceWick & Pour
油
Light up the night with a luxe candle party experience that blends elegance, creativity, and ambiance. Craft your own signature candles, sip on fine drinks, and enjoy a cozy, glamorous atmosphere with friends. Perfect for celebrations or a unique night out, this unforgettable event offers relaxation, laughter, and glowing memories that linger long after the flame fades.
In 2016, significant disruptions are expected across various sectors driven by digital technologies, including the mobile video space where Facebook is set to rival YouTube. The report outlines 25 tech predictions, with highlights like the growth of IoT in the automotive and oil industries, federal guidance on self-driving cars, and the rising demand for cyber insurance as businesses adapt to new cybersecurity threats. Additionally, the digital media landscape will see changes in video standards and an uptick in native advertising as companies navigate an evolving user experience.
Pricing is a fundamental area of analysis in luxury goods. Higher prices correlate with superior margin performance and faster growth.
A correlation with "Made in" highlights a "cost plus" pricing approach by most brands.
Performance on Cross Channel; Interaction among websites,e-commerce & store
The document summarizes the key findings from a 2015 global survey on digital IQ. It identifies 10 attributes that correlate with stronger financial performance among digital leaders. These include having CEO commitment to digital, a shared digital strategy across executive teams, engaging external sources of innovation, making investments for competitive advantage, utilizing data to drive value, proactive cybersecurity planning, a multi-year digital roadmap, and consistently measuring returns on investments. The document also discusses trends around digital strategies, spending, roles and disruption within organizations as they pursue digital transformations.
The document discusses how leading entrepreneurs are thriving and surmounting 21st century business challenges. It describes how some entrepreneurs have embedded digital transformation at the core of their business strategy and operations. This helps them scale faster while mitigating risks. Specifically, it provides examples of how some companies use social media tools, data analytics, cloud computing, and mobile technologies in their daily operations to improve communication, decision making, reduce costs and drive global expansion.
- The document analyzes the online pricing landscape of 30 luxury brands in the US based on data from 39,395 models.
- Higher prices generally correlate with superior profit margins and growth for luxury brands, though other factors are also at play. The prices of "Made in" heritage countries suggests a "cost plus" pricing approach.
- Luxury goods available online span a wide price range, from under $100 to over $100k, disproving the notion that online is only used to promote entry-level products. However, some brands exclude their very highest-priced items from online purchase.
The Luxury and Cosmetics Financial Factbook 2015 provides insights into the industry, highlighting a 3% growth in the global personal luxury goods market, reaching 224 billion. The report discusses key challenges such as managing global demand amid currency fluctuations, defining an effective omni-channel strategy, and optimizing retail models to adapt to changing consumer preferences. Despite the recent slowdown, the long-term outlook remains positive, with expected annual growth between 4% and 6% through 2017, driven by high-net-worth individuals and online sales development.
1) The document discusses luxury goods markets in the Middle East, with Dubai being the largest market. On average, Gulf residents spend $200-700 monthly on beauty, fashion, and gifts.
2) Dubai is ranked as the second most visited city globally for international overnight visitors and has 53.8% of global retailers present.
3) The top regions global investors prefer to invest in are the UAE (28%), China (21%), Europe (21%), the US (17%), and India (17%), citing a safe investment environment and economic growth potential.
The document provides a summary of a presentation given by Antonio Achille of BCG Milan on insights from a global luxury consumer research study. Key points:
- BCG interviewed 10,000 top luxury consumers across 10 countries to understand purchasing behaviors and trends.
- Organic growth from existing markets like Europe, US, and Japan will contribute around 60% of luxury market growth over the next decade, with the rest from emerging markets.
- The study provides unique insights by doubling the sample spending threshold to 20k annually, including all luxury categories, and identifying consumer segments.
- Growth areas over the next decade will be the US market and experiential luxury categories like hotels and food/wine.
Experience the Charm of Bur Dubai Livinggeorgemmmlaws
油
Discover the unique blend of history, culture, and modern convenience that makes Bur Dubai one of the most vibrant neighborhoods in the heart of Dubai. From traditional souks and heritage sites to trendy caf辿s and waterfront living, Bur Dubai offers something for everyone. Whether you're a resident, newcomer, or visitor, this dynamic area provides a rich lifestyle experience shaped by community, accessibility, and authentic charm. Join us as we explore what it's like to live in Bur Dubai where the past meets the present in the most captivating ways.
Al Barari Living Where Nature Meets Elegancegeorgemmmlaws
油
Al Barari Living showcases one of Dubais most exclusive and nature-inspired residential communities. Designed as a green oasis in the heart of the city, Al Barari is known for its luxurious villas, landscaped gardens, and commitment to sustainable living. From organic eateries and wellness centers to tranquil water features and botanical beauty, Al Barari is more than a home it's a lifestyle built around peace, privacy, and elegance.
Danang's Medical Tourism - A Promising Frontier for Asias Health and Wellnes...Gorman Bain Capital
油
As global travelers increasingly seek meaningful, wellness-oriented experiences, DanangVietnams coastal gemis emerging as a compelling destination for high-quality medical tourism. Recognized for its scenic beaches, cultural richness, and modern infrastructure, the city is now preparing for a major breakthrough in health-related travel.
To gain deeper insights into this evolution, Forbes spoke with Dr. Tran Quoc Bao, a prominent leader in Asias healthcare and wellness industry, about Danangs strategy and what the city must do to unlock its full potential in medical tourism.
________________________________________
Building a Strong Foundation for High-Quality Healthcare Travel
"Medical tourism is not a casual venture," says Dr. Tran. "It demands a robust ecosystemstate-of-the-art medical equipment, highly qualified healthcare professionals, strong aesthetic and wellness services, and even integration of traditional medicine practices." According to him, Danang is poised to deliver on these requirements.
The city has already ratified a strategic plan for developing medical tourism, aiming to blend its vibrant travel offerings with health services such as diagnostics, wellness retreats, cosmetic procedures, and traditional medicine therapies. What makes Danang stand out is its unique ability to integrate healthcare with world-class tourism experiences, Dr. Tran explains.
________________________________________
Is Danang Late to the Game? Not Quite.
When asked whether Danangs entry into the medical tourism sector is delayed, Dr. Tran disagrees. Its not about who moves firstit's about who builds the most sustainable and quality-driven ecosystem. The timing is right, he affirms.
With global demand for wellness and medical travel surging post-pandemic, Danangs entry coincides with a pivotal moment. Patients and wellness travelers are now more focused on holistic health and value-for-money experiences. Danang, with its favorable cost structure and rising medical standards, is well-positioned, he adds.
________________________________________
What Tourists Are Seeking
Though data specific to medical tourism usage is sparse, Dr. Tran notes a growing trend: We see strong demand for cosmetic enhancements, health screenings, physical conditioning programs, and traditional medicine experiences. These are areas where Vietnamand especially Dananghas a comparative advantage.
These services are bolstered by a skilled medical workforce, advanced medical technology, and the allure of beachside recovery and relaxationa major draw for health-conscious travelers.
________________________________________
Competitive Advantages in a Global Arena
According to Dr. Tran, Danangs key strengths lie in affordability, accessibility, and quality care. Compared to other regional medical hubs like Bangkok or Seoul, Danang offers a more cost-effective experience without sacrificing safety or expertise, he says.
Experience the Charm of Al Muhaisnah, Dubaigeorgemmmlaws
油
Al Muhaisnah is a dynamic and diverse residential area in Dubai, known for its vibrant community and strategic location in the northeastern part of the city. This neighbourhood offers a mix of affordable housing options, including villas and apartments, catering largely to families and working professionals. With essential amenities such as schools, parks, mosques, and shopping centers, Al Muhaisnah provides a practical and culturally rich living environment. The areas accessibility to major highways makes it convenient for commuters, while ongoing development projects highlight its growing potential for real estate investment. This presentation explores Al Muhaisnahs unique characteristics, community lifestyle, and its role in Dubais urban landscape.
Discover Life in Jumeirah Beach Residencegeorgemmmlaws
油
JBR offers a unique lifestyle that blends modern urban living with relaxed beachfront charm. With its iconic skyline, vibrant promenade, and direct beach access, it's one of Dubai's most dynamic and sought-after residential areas.
Creating a fairy garden is a delightful way to spark your childs imagination and encourage outdoor play. These miniature landscapes filled with whimsical fairy houses, tiny plants, and glowing trails offer a magical escape right in your backyard or balcony. Adding sparkling paths made with glow-in-the-dark stones takes the enchantment to the next level, especially for evening garden strolls..
Solo hiking offers a unique way to connect with nature. When solo hiking, safety is paramount. Understanding dangers and mitigating them may make an intimidating journey more enjoyable.
History of Ayurveda: Ancient Roots to Global HealingVedic Meet
油
Discover the complete history of Ayurveda, from its Vedic origins to modern global recognition. Learn how this ancient healing system continues to transform lives today.
Light Up the Night with a Luxe Candle Party ExperienceWick & Pour
油
Light up the night with a luxe candle party experience that blends elegance, creativity, and ambiance. Craft your own signature candles, sip on fine drinks, and enjoy a cozy, glamorous atmosphere with friends. Perfect for celebrations or a unique night out, this unforgettable event offers relaxation, laughter, and glowing memories that linger long after the flame fades.
Kota Doria dupattas are lightweight and sheer, known for their unique checkered weave made from cotton and silk. Originating from Kota, Rajasthan, these dupattas are celebrated for their breathability and elegant drape, making them a popular choice for both casual and formal wear. The fabric's distinctive texture and intricate patterns, often achieved through block printing or tie-dye techniques, add to their appeal.