Swiss giant NESTLE announced this week the opening of a new facility dedicated to luxury brand NESPRESSO. The international brand managend to overcome all expectations in the last two years and has proved to be a great investment. Distribution of NESPRESSO is assured by business to business means but also by concept stores owned and operated by Nespresso. Same policy applies to Eastern European markets ... read more

More and more wealthy people from Romania, Poland and Bulgaria choose to travel in Europe for medical purposes, be it check ups, treatments or complex operations. The trend has been promoted by heads of state, top politicians and very wealthy people who publicly speak about the exceptional quality of medical services received abroad.

The rest of the article is posted in our OPPORTUNITIES ... read more

Although small in size, Montenegro boasts the third largest segment of wealthy luxury consumers in the Balkans after Serbia and Bulgaria. With a higher affinity for luxury brands than Serbians and Bulgarians, Montenegrans are spending large amounts of cash on top watches and jewelry brands, among the top selling being Chopard, Bvlgari, Cartier and Audemars Piguet. As for the luxury fashion brands, ... read more

Two major European luxury fashion&accessories multi brand operators have recently confirmed to CPP their interest to invest in Bucharest and Sofia in large scale multibrand luxury fashion stores. The average surface will be 500 sqm meters and the concept will be of shop in shops, the luxury brands included will benefit from individually decorated spaces in keeping with the concept of each of the ... read more

International financial crisis has brought on the market most exeptional real estate properties, at very reasonable prices in Bucharest, Budapest and Belgrade, three of the most dynamic capital cities in the entire Central and Eastern European area. Prices in Andrassy Ut (Budapest) andLascar Catargiu (Bucharest) have almost halved in the past 5 months, especially on villa and palace type of ... read more

During the crisis, there are many on the lookout for opportunities concerning medical services; it is well known the fact that, for example, dental or cosmetic surgery is extremely expensive in the West.

Serbia has just recently appeared on the medical travel map, with prices charged for these type of services being significantly lower than those practiced in Western Europe; services are ... read more

Health, fitness, well being, SPA or better called self pampering is still an huge untapped opportunity in Eastern European countries. Take for instance Bucharest. In spite of my long travels and opportunities to make use of SPAs in top luxury hotels, I still felt the need to have a regular place to visit while home. It has been over 2 years since my first membership at Swedish owned WORLDCLASS and it is ... read more

The SPA sector, one of the least developed segments of the luxury industry in Central and Eastern Europe, is gaining strength in becoming a viable opportunity which is positively stimulated by the actual financial crisis. Until now, the SPA concept was represented only by health clubs and cosmetics and hair parlor.

However, now more and more clients are requesting 5* international SPA ... read more

As I have anticipated even for the beginning of last year, the online luxury commerce would be the only sector that will benefit from a constant business growth.

Our forecasts regarded mostly the fashion, accessories, tech and travel sectors. Recently a consultancy company made public the data of a study made on online travel businesses from the UK and Germany. The results show a ... read more

MEDICAL SERVICES CONCIERGE & TRAVEL

More and more wealthy people from Romania, Poland and Bulgaria choose to travel in Europe for medical purposes, be it check ups, treatments or complex operations. The trend has been promoted by heads of state, top politicians and very wealthy people who publicly speak about the exceptional quality of medical services ... read more

LuxuryDays is the annual business event dedicated to the luxury industry which is organized by CPP Management Consultants Ltd, sole Central and Eastern European management consultancy specialized in luxury.

The seventh edition of LuxuryDays took place on 12,13 March 2009 in Bucharest. Participants have expressed their opinion on the current financial situation and came up with solutions ... read more

More and more experts agree on the reason for the rise is sales for luxury products and services dedicated to men. At the start of 2000, we could see a change of direction towards gay for all luxury industry brands, especially those in accessories and fashion. Extremely loud, almost feminine collections have become notorious. Marketing executives justified themselves by saying that the gay segment is ... read more

More of the positive elements of the crisis start to surface in the eastern european markets during this period. We are talking about elements that previously hindered the development of the industry:

- rent is slowly decreasing on the main boulevards

- some 200-250 square meters areas in ultra central zones, previously occupied by banks, are now available

- salaries are ... read more