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Amazon to open ‘4-star’ store in NY

Bloomberg Amazon.com Inc. will open a new store in New York City featuring top-selling and highly rated products, the online retailer’s latest effort at physical stores, where most consumer spending still occurs. Dubbed “Amazon 4-Star,” the new location will feature devices, kitchen items, toys, books, and games. All products are items sold on Amazon that customers have rated four stars ...

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China millennials drive sales of luxury brands

Bloomberg Millennials feel better about their future earnings than older consumers and spend more on luxury goods. That’s according to a survey of more than 3,000 consumers across China, Europe and the US by UBS Group AG. Eighteen to 35 year olds have contributed 85 percent to growth in the luxury market last year and will represent 45 percent of ...

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FAB wins accolades

DUBAI / WAM First Abu Dhabi Bank (FAB), has been named ‘Leading Corporate for Investor Relations in the Middle East’ at the 2018 Middle East IR Association (MEIRA) Annual Awards ceremony, which took place at the Bulgari Resort in Dubai. The bank also scooped two further awards; ‘Leading Corporate for Investor Relations in the UAE’ for the second consecutive year, ...

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