Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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UAE spending power on luxury products strong
gulfnews.com

The majority of the UAE luxury spending this year will be focused on designer ready-to-wear items, expected to reach $1 billion, while the second most favourite among consumers are luxury jewellery and timepieces — sales of which are forecast to …

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Argentina's Dollar Restrictions Slam Real Estate Market
reason.com

Two years after President Cristina Fernandez de Kirchner clamped down on Argentines' purchase of dollars, the currency of choice for real–estate transactions, the housing industry is grinding to a halt. While prices soared to records in Sanhattan, a …

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Malta Sotheby's International Realty launches niche property portal
www.maltatoday.com.mt

The demand for luxury residential properties is increasing all over the world and Malta is certainly no exception. Malta Sotheby's International Realty announced the launch of its niche luxury real estate website – one that aims to cater for the …

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Saks isn't a stellar asset for HBC – but there's potential
www.theglobeandmail.com

His message to Canadians: this country has lots of room for another luxury retailer, and HBC's got the real estate for it. Fair point. But let's keep this in perspective. His plan is to open, at most, seven Saks stores here. Yes, there are online …

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US HOT STOCKS: Hudson's Bay, Elan, Michael Baker, Francesca's
online.wsj.com

T, $17.19, +$1.06, +6.56%) in a $2.4 billion deal that is as much about high–end real estate as luxury clothes. Hudson's Bay agreed to pay $16 a share for Saks, a 4.5% premium to the stock's Friday closing price. The acquisition would cap a seven-year …

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Home News Business Hudson's Bay to buy US high-end retailer Saks in…
www.therecord.com

"This acquisition will increase our growth potential both in the U.S. and Canada, generate significant efficiencies of scale, add to our powerful real estate portfolio and deliver substantial value to our shareholders." The Toronto-based company says …

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An Inside Look At DC's Priciest Piece of Residential Real Estate (Photos)
www.washingtonian.com

The fact that its brokers expect to have the mansion sold before the end of the year says a lot about the general vitality of the area's high–end real estate market. The property is listed by Georgetown-based TTR Sotheby's International Realty, and …

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Hudson's Bay to buy Saks for $2.4 billion
www.marketwatch.com

NEW YORK (MarketWatch) — Retailer Saks Inc. agreed to be bought by Hudson's Bay Co. for $2.4 billion, in an all-cash deal that is probably as much about high–end real estate as luxury clothes. Hudson's Bay (TOR:CA:HBC) agreed to pay $16 in cash per …

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Wells Fargo Banks on Gay Friendly Policies
www.edgeboston.com

In an interview with DiversityInc, Ng noted that companies "are really waking up to the fact that this is a segment that is affluent, profitable, loyal and has really, really stepped up in terms of responding to corporations holistically and …

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