Nova Roma, Byzantium, Constantinople, Istanbul - this city's got more names than Liz Taylor and more treasures than El Dorado. A legendary capital of two of the world's greatest empires, built on seven hills and spanning two continents, Istanbul is rich in history but with rapidly developing mod food and art scenes, plus that pretty situ on the glittering Bosphorus. Can you say Turkish delight?

Much has changed in the Turkish economy since The Business Year's last publication on the country in 2016. Then, the economy was experiencing a sustained period of high growth at a time when much of the rest of the world was still struggling to recover from the global recession. On our 2019 return to Turkey to produce this publication, the country was in the grip of a sharp drop in its currency's value and the onset of economic recession. Beleaguered by high interest rates and a decline in domestic consumer demand, companies canceled planned investments and corporate loans began souring. Despite this, the year ended optimistically, with the economy beating growth estimates, inflation reined in, and lower global and domestic interest rates providing a needed boost in investment activity. The Business Year's country-specific publications, sometimes featuring over 150 face-to-face interviews, are among the most comprehensive annual economic publications available internationally.

Inhaltsangabe:Introduction: The luxury goods industry is a fascinating field. As Jean-Louis Dumas-Hermès, chairman and CEO of Hermès, explains: Le luxe, c est créer un rêve qui perdure. In addition to the dream dimension that defies scientific analysis, the luxury goods companies have kept highly secretive. Alain D. Perrin, President and CEO at Cartier International, elucidates: One of our strengths is our ability to maintain a certain mystery about the economic entity which is the company. We bring magic and dreams to consumers who don t want to see their favourite brands discussed in the media, and lacking any sense of the romantic. Systematic research confines itself mainly to specialised marketing literature, especially that of French scholars. But recent developments have raised various questions and call for more systematic research in diverse fields. Over the past two decades, luxury companies in particular in the clothing sector have had to face an increasingly turbulent environment. On the supply side, French dominance especially in the haute couture sector has been challenged as competition has increased mainly from Italian and American fashion houses. Furthermore, the traditionally fragmented luxury industry has become more concentrated, a visible sign for the consolidation was the merger of Louis Vuitton and Moët Hennessy in 1987. Finally, as a result of diversification strategies, most fashion houses have extended to more accessible luxury products and as a result, realize now a substantial part of sales in both, clothing and accessories. But also the demand side has been substantially changing. In 1899, the American economist Thorstein Veblen published the first proper study of consumerism, in which he identified and analysed the traditional luxury customer group which he called leisure class. It was not until the 1980s that the leisure class was joined by newly rich and occasional customers from the middle class. On the one hand, the luxury industry has expanded to more accessible products and to new geographical markets, and on the other hand, a growth in wealth of the Western industrialized nations has increased purchase of luxury goods. These mostly fundamental changes have challenged and will furthermore challenge the fashion houses and the ability to establish a competitive advantage. The objective of this thesis is gaining a thorough understanding of the luxury clothing and accessories sector, by elaborating on [...]

The Turkish Riviera, known as the Turquoise Coast, is home to stunning mountain scenery, rich myths, and folklore, and more than six hundred miles of impeccable shoreline along the warm Aegean and Mediterranean seas. Featuring two of the Seven Wonders of the Ancient World, the ruins of the Mausoleum of Maussollos and the Temple of Artemis, this stretch of coast is a destination apart, so much so that Mark Antony was said to have chosen it as the most spectacular wedding gift for Cleopatra. Through the lens of Oliver Pilcher, this blue voyage beckons readers with wanderlust to set sail and enjoy the dazzling sapphire shades of the coast’s dreamy yacht life. Anecdotes from lovers of the region include Mica Ertegun, Tommy Hilfiger, Chiara Ferragni, and Mert Alas, who spent summers boating on these storied waters.

This fully revised and thoroughly updated fifth edition of The Rough Guide to Turkey provides an insider's handbook to the country. A full colour section introduces Turkey's highlights, from the markets of Istanbul to the rock churches of Cappadocia. There are informed accounts of the country's wide-ranging sights and incisive reviews of the best places to eat, sleep and drink in every price range. Throughout the guide there is practical advice on everything from bazaar shopping to chartering a yacht. The authors also provide expert background on Turkish history, literature, music and film.