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Crystal Magic
Coloured crystals have become a
personal statement in many Gulf households, thanks to Daum of France. Their
thematic collections focus around art and nature
With the Middle East gradually going global and people here taking on the
contemporary lifestyle of the West, coloured crystals are becoming favourite
artefacts in the living rooms of many Gulf households.
The Middle East is gradually growing into a robust market for coloured crystals.
They are niche market products and the shops that stockpile crystals are all
exclusive, high-end outfits. Art and nature are the two recurrent themes into
which these crystals are shaped.
A large segment of the purchases are made by repeat customers, who have
developed a somewhat compulsive habit of buying these products since they are in
vogue, and give a touch of glamour to the living room environment. But there are
those who have a love for the range itself. These are the high-end buyers who
take great pleasure in collecting and investing in art. For these art
connoisseurs, coloured crystals are a traditional preserve, relating to them on
an emotional level, having collected them over the years.
Daum of France has played a key role in bringing coloured crystals to the Middle
East market that comprises high-end outlets in Kuwait, Dubai, Abu Dhabi, Jordan,
Teheran, Saudi Arabia, Lebanon, Bahrain, Syria, Oman and Doha. Wherever the
company launches a collection, there is a thematic undercurrent to it. Daum
launches 2-3 collections every year. For example, for the China collection, Daum
took inspiration from old Chinese pieces partly sourced from Chinese artists.
Theme selection is vital for the company, for therein lies its identity. For a
particular year, a theme is selected by Daum’s design director. They are planned
two years in advance. Since manufacturing is a time consuming process, a
sufficient time-cushion is preserved. Sourcing artists is another major
exercise. Most of the time, artists are outsourced but now a growing number of
designers have expressed their willingness to work with Daum, owing to the name
and credibility it has earned in the market.
Around 10 per cent of the annual turnover of Daum comes from the growing market
of Middle East, courtesy its strong distribution network. The growing segment of
new collectors explains the spiralling turnover of the company.
Exhibitions play a major role in showcasing Daum’s products. As part of its
marketing strategy to showcase its ware, Daum takes part in two exhibitions
annually – one at Paris and the other at Milan. The objective is threefold – to
show Daum’s collections and range of products, to attract artists and retailers.
Founded in 1878, Daum, has broad-based the export market of this exclusive ware
over the years. Markets in the US, Russia, Eastern Europe and the UK and now the
Middle East are now evincing an increased interest in Daum brand. Exports bring
handsome revenue for Daum’s business – a whopping 60 to 70 per cent. With a 9-10
per cent annual growth rate, the future is certainly bright for Daum Inc.
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January -
2008 |
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Cover Story |
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GCC Economic Outlook in 2008
The beginning of new year brings with it new hopes and expectations.
Oliver Cornock, Regional Editor, Oxford Business Group analyses the key factors
that marked the year 2007 for GCC markets and emphasizes on the major
developments expected in 2008 |
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Other Headlines |
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Powerful Play
Interview with the CEO of Voltamp Manufacturing Co. LLC, on the company’s
upcoming IPO and expansion agenda |
‘Buyers turn shy’ – Nielsen Consumer
Confidence Index
Rising oil prices, the spread of the sub-prime credit
issue in international markets and the predicted slowdown in the US
economy are all taking their toll on the confidence of global
consumers... |
Flying High
Paul Starrs, British Airways’ Middle East Commercial Manager, outlines the
airline’s plans for the region in a chat with Akshay Bhatnagar. He is confident
that the combination of convenient flight schedules and great products would
make BA a leading choice for Middle East travellers
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City Supercar
The Maserati GranTurismo is already a big hit with the entire
production run for 2007 sold out. We found it perform true to its
promises |
Regional Trade Looks up
The GCC Doha summit has yielded vital economic results |
Downturn in 2008
The new industry financial forecast of the International Air Transport
Association (IATA) estimates a global industry profit of US$5.6 billion in 2007
falling to US$5 billion in 2008 |
Win some, Lose some
The Wall Street credit crunch and the unwinding of leverage on carry trades
may end the appreciation of emerging markets’ currencies |
‘Oman key market for KLM’
After suspending its Muscat operation
for more than five years, KLM Royal Dutch Airlines resumed services this winter.
Bram Graber, Senior Vice President & Area Manager Benelux, KLM Royal
Dutch Airlines speaks to OER about the resumption of air services to Muscat and
other facilities offered to travellers in Oman |
‘Partners for a sustainable future’
With over a decade of experience in supporting and advising both public and
private sector clients as lead consultant in compliance to environmental impact
studies and engineering solutions, HMR Consultants are a recognized leader in
their field of practice
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Desert Nights
An oasis in the golden sands
of the Wahiba, Desert Nights Camp from the OHI Group is the newest destination
for adventure seekers |
Crystal Magic
Coloured crystals have become a
personal statement in many Gulf households, thanks to Daum of France. Their
thematic collections focus around art and nature |
Creative Professional
Usama Karim Ahmed Al Haremi,Head, Corporate Communications and Media,
Oman Air, tells Rekha Baala that he is in a profession where his brain
is working all the time, even on vacation |
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Regulars |
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