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Tiffany & Co Gets a New Luxury Backing

The French luxury group LVMH has bought the Tiffany & Co jewelry company for $16.2 billion.

LVMH is the world’s biggest luxury group and has 75 different brands, including Louis Vuitton, Christian Dior and Bulgari. For LVMH, Tiffany — which faced financial and public image struggles recently — is a sensible transformational project. Tiffany will enhance the jewelry and watch line of LVMH, giving it a competitive edge against players like Richemont, the owner of Cartier. Tiffany is also a strong player in the American luxury retail market, which makes up close to a quarter of LVMH’s revenue.

Tiffany’s global brand is also fairly robust; Audrey Hepburn and those little blue boxes are internationally known.

Global Business City of the Year: Scottsdale, Arizona

The City of Scottsdale was recognized as the Global Business City of the Year at the 2019 Global Chamber “Grow Globally Fair.” Now in its 12th year, The Fair was founded to acknowledge and applaud businesses that are leading, exceling, and pushing the boundaries in international business. The Global Chamber is networked in 195 countries and more… Continue Reading

Best Countries for Business 2019

Which countries are best for conducting business in 2019?  For the last 13 years, Forbes has been presenting  its annual recommended list on the regions most amiable to capital investment.  For the second consecutive year the UK is was ranked Number 1. According to Mark Zandi, Chief Economist of Moody: “The U.K. has a globalized… Continue Reading

The Best Bank?

This year’s number 1 title of World’s Best Banks ranked by Global Finance was DBS Bank.  It was a well deserved recognition given that it is “the first institution from either Singapore or Asia as a whole to receive the top honor,” using technology to make banking much more efficient in the region. When it… Continue Reading

Asia’s Best Under A Billion List

Each year Forbes creates a Best Under a Billion list for the top 200 Asian companies. The list “highlights 200 Asia-Pacific public companies with less than $1 billion in revenue and consistent top- and bottom-line growth.” There was an average growth of 62 percent this year in annual sales.  That generated a combined $45 billion… Continue Reading

8 Online Safety Tips for Small Businesses: eSafely

The National Cyber Security Alliance (NCSA) and Symantec recently launched a survey of US small businesses which revealed that although most believe they are safe from hackers and malware, their online security policies are extremely weak. As a result, small businesses are especially vulnerable. The survey offers eight tips for improving online safety and ensuring… Continue Reading

Keep Your Eyes on These Guys: Financial Leaders Who Will Make a Difference in 2014

Smart investing is often based on a solid knowledge of past trends and educated guesses about the future. Professional financial advisors, therefore, must keep abreast of the influences on the marketplace, in addition to having a thorough understanding of what has come before. In order to assist professional advisors and investment managers, Rep., an online… Continue Reading

Top Technological Developments of the 21st Century

Online shopping has swept people up across the globe, and was recently voted the biggest technological development of the 21st century in Britain. The majority of the world’s retailers offer online shopping opportunities, and other websites such as 6pm.com and overstock.com were created specifically to help people save money while shopping for their favorite brands… Continue Reading

Top Ten Largest Economies by PPP GDP

Emerging economies and numerous crises have shaken most, if not all of, the world’s economies today. Evaluation of size and growth varies greatly amongst analysts, while GDP is measured with two different approaches- nominal GDP and purchasing power parity or PPP GDP. The latter considers the dollar’s buying capabilities in different countries, thereby providing a… Continue Reading