LUXURY
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Luxury Car Market Up 55% In Jan-Nov
More than 70 cars with a price tag of over EUR200,000 were registered in Romania in the first eleven months of the year, according to the Driver’s License and Vehicle Registration Department...
Diana Sucu Expects 20% Growth in Sales for Her Luxury Furniture Business
Diana Sucu, wife of businessman Dan Sucu, expects the luxury furniture business she owns to post 20% growth this year. Her business sells three luxury furniture brands in Romania – Ethan All...
2019 Brings Ten New Luxury Residential Projects in Bucharest
Demand for premium and luxury apartments is making more and more developers invest in such projects where an apartment costs at least EUR2,000 to EUR3,000 per square meter or even more.
2017, Louis Vuitton Best Year In Romania Ever
The Louis Vuitton single brand store that opened in the shopping gallery The Grand of the JW Marriott Hotel a decade ago posted growth of 13% sales to 31.7 million lei (EUR7 million) in 2017...
Hugo Boss At Its Third Try In Romania
Luxury German brand Hugo Boss is returning to the Romania on the ground floor of the five-star Radisson Blu Hotel in Bucharest, as a franchise held by entrepreneur Adrian Antonio Gica. He is...
Luxury Fashion Market In Romania: Some Brands Arrive, Some Leave
The local luxury fashion market is going through a new time of reconfiguration, with a series of store openings and closures by big names with several years of presence in Romania.
Porsche Inter Auto: Economic Growth Is Showing On Luxury Segment
The local economy’s growth of 7% in January-September and of 8.8% in the third quarter is showing in the showrooms of the luxury car brands in Bucharest, where sales are on the rise and cust...
One United Properties Set To Build Luxury Apartments
Developer One United Properties of Andrei Diaconescu and Victor Capitanu, two of the founders of boutique investment firm Capital Partners, has teamed up with Octavian Avramoiu, manager of S...
Romanian Consumers Spend EUR83M A Year On Luxury Cosmetics
One in five lei local consumers spend on luxury cosmetics goes to online stores, market data show. Romanian consumers spend about EUR83 million on premium and luxury perfumes, makeup and car...