LUXURIES – AUSTRALIA

Quality trumps quantity for well-heeled Australian travellers

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Original article by Jamie Freed
The Australian Financial Review – Page: 12 : 19-Feb-15

Many affluent Australians prefer local holidays of short duration rather than long-haul overseas trips, due to being cash-rich but time-poor. The 2015 Australian Luxury Travel Survey indicates that two-thirds of respondents showed a preference for luxurious long weekends in local resorts. The survey was commissioned by travel agent network Virtuoso and Queensland resort qualia

CORPORATES
VIRTUOSO LIMITED, QUALIA, HAMILTON ISLAND LIMITED, LINDBLAD EXPEDITIONS

Dick Smith strikes gold with DJs outlets

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Original article by Eli Greenblat
The Australian – Page: 21 : 13-Oct-14

Nick Abboud, CEO of electronic goods retailing chain Dick Smith, says its alliance with department stores group David Jones is progressing well. One year after the "David Jones Electronics Powered by Dick Smith" concept was rolled out in October 2013, the concessions inside the David Jones stores generate more than half of upmarket product sales for Dick Smith. This is despite this business accounting for only 3% of the parent’s total turnover, which shows that the David Jones link has given it access to more affluent consumers. David Jones has since been acquired for $A2.2bn by South African group Woolworths

CORPORATES
DICK SMITH HOLDINGS LIMITED – ASX DSH, DAVID JONES LIMITED, WOOLWORTHS HOLDINGS LIMITED, COUNTRY ROAD LIMITED, BOSE PTY LTD