The retail market in Oman differs from that of the majority of its Gulf neighbours, with a less concentrated urban population and lower per-capita GDP. Furthermore, the majority of the country’s workforce is private-sector-based, which is not the case for other Gulf countries, where the bulk of nationals are employed directly by the government...
What recent steps have been taken to deal with the sale of substandard or counterfeit goods?
When it comes to luxury goods, the GCC is one of the main drivers of global growth, with the region accounting for sales of $8bn in 2011, up 30% year-on-year, according to the “Retail International” report put out by Alpen Capital in December 2012. The outlook for the segment remains broadly positive as well, with a forecast compound annual...
Car sales in Peru have grown consistently since the early 2000s with more than 190,000 units bought in 2012. This represents year-on-year (y-o-y) growth of 27.9%, meaning the industry booked its best year yet. As of July 2013 the sector was on track for almost 11% y-o-y growth, with 119,808 units sold during the first seven months of the year...
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