LUXURY
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Super Sports Cars Sales Up In January-April
Sales of super sports cars were the only ones to go up on the over EUR200,000 price segment in January-April, while luxury car sales went down.
Zegna Bucharest Store Closes, Replaced By Corneliani
Srdjan Kovacevic, the Serbian entrepreneur that had a big role in the creation of the luxury clothing market in Romania, is closing the Ermenegildo Zegna store on the ground floor of five-st...
Romanian Luxury Car Dealers Set Their Eyes On Chisinau
In less than two months, Rolls Royce has announced the delivery of a EUR250,000 model on the market of the Republic of Moldova, and Ferrari, through the importer of Romania and a local partn...
Mengotti Owner Says Luxury Store’s Sales Started Falling After Wave Of Monobrand Openings
Adriano Mengotti, who first came to Romania ten years ago, in the early days of the luxury market, says sales of his multibrand Mengotti store on Calea Victoriei street in central Bucharest...
Avon: Luxury Products In Demand In Romania, Poland Prefers Cheaper Ones
Anna Ruszczak, campaign planning manager for Central and Eastern Europe within cosmetics company Avon, says sales of the company’s luxury range are rising significantly at a time when consum...
First McLaren To Be Registered In Romania Costs EUR240,000
A McLaren, an Aston Martin, and two Ferraris were registered on the Romanian market in April, with a total price of almost EUR1 million.
Romanians Spend Around EUR200M On Luxury Products Per Year
The Romanian luxury market started to grow in the early ‘90s and has now reached around EUR200 million, according to ZF estimates.
Cellini, Swarowski And Gucci Stores Want Sales Of Over EUR25M
Sodo Migliori group, which owns the Cellini stores, some of the Swarowski stores and luxury monobrand Gucci on the Romanian market, expects a turnover of over EUR25 million for this year, a...
DTZ: Bucharest Luxury Residential Market Dominated By Leases; Monthly Budget Stands At EUR3,000-20,000
Bucharest's luxury residential market was dominated this year by leases, with the monthly budgets for such properties ranging from EUR3000 to EUR20,000, according to a study by DTZ Echinox.