Buying triggers for the Arab consumers
Every consumer group has a number of triggers influencing their purchasing patterns and we are highlighting triggers affecting Arab shoppers. Arabs consumers are brand conscious. Brands carry with them status in the Middle East. Arabs assign status to brands in everything from cars to clothes to smart phones. “Eat what pleases you but wear what […]
Want to be a millionaire? Work in finance
There are 736,000 high net worth individuals (HNWIs) in Britain – millionaires to you and me – but how do you join them? The most common answer seems to be “become a banker”. Researchers from WealthInsight found that these HNWIs held more than £1,845 billion in cash and assets in 2012, a quarter of the […]
Mediareach Launches UK first multicultural photo competition
Mediareach announces a photo competition on Facebook devoted to the celebration of Multiculturalism in the UK. Photos must demonstrate cultural diversity through the people, symbols, food, art, etc. We leave it open to your creativity! The best five photos with most likes will receive recognition by Mediareach, with the winner receiving a round trip to […]
One Hyde Park sells Abu Dhabi bank site for US $26.6m
The developer of the One Hyde Park apartment complex in London’s affluent Knightsbridge sold the last of three retail spaces in the property for more than GBP£17m (US$26.6m). The 2,982 sq ft space currently occupied by Abu Dhabi Islamic Bank (ADIB), was sold to an undisclosed overseas buyer, developer Project Grande said in a statement […]
Luxury brands sales rebound
The luxury sales are projected to grow 5-6% in 2012 and 2013, led by emerging markets buyers and strong demand in Europe and the United States. Luxury sales in mainland China rose 30% in 2010 and are forecast to grow 25% this year to €11.5bn, while US luxury sales are set to grow 8% to […]