Global Luxury goods

Global Luxury goods:

In order to offer an excellent client service through our network, Moores Rowland Global Luxury Goods Team provides member firm clients across the world with integrated services whether related to materials or the end consumer. Our team provides knowledge of Global Luxury Goods Business throughout our network.

In economics, a luxury good is an evitable merchandize (not a necessity) where demand is a matter of choice for certain caliber of people with high capabilities and exceptional desires. In principle luxury goods are unique and provide satisfaction to their possessor.

Global Consumer Products:

Industrial Products, Consumer Products, Special products, Automotive, Chemicals, Retail, Wholesale & Distribution Travel, Hospitality & Services are part of the Global Consumer and industry products group specialties.

The effects of manufacturing on the global economy development is continuous, whether it is related to infrastructure improvements, jobs opportunities, input on gross domestic income (GDP), where these industrial sectors reflect positively on the economy in general.

We provide our clients with a wide range of services that include food and beverage, consumer electronics, agro manufacturing etc… Global Consumer Products is served through our Global Consumer & Industry Products and industry team.

Consumers’ healthy food choices:

Consumers around the Globe attempt to take charge of their health. Almost half of the people in the developed world consider that they are overweight, and almost half of the people are trying to lose weight through healthier food choices with the help of food and beverage companies. Nowadays Food and Beverage Manufacturers are adjusting their products to remove or reduce sugar, fat, and sodium content of food, and they are avoiding using artificial ingredients and started using fiber and protein products.

Sustainable agriculture and food security:

People have the right to decide what to eat in order to ensure that they eat healthy food and that it is accessible to everyone in their community. It is vital that family farmers and fishers have the right to get local and regional markets to secure food sovereignty.

Disciplined innovation:

Discipline and innovation seem to be at opposite ends of scale. Discipline is a structured and defined process, while innovation is a fluid and unpredictable process.

Peter Drucker considers that keys to successful innovation are simplicity and focus. Innovations that work are breathtakingly simple and focus on one specific need. They always start small. This keeps the risk and resource requirement modest. Don’t try to be clever or perfect. There will always be time for adjustments.

Another key factor, said Drucker, is to try to innovate for present. Innovations may have long term impact, but if it can’t be adopted in the present there won’t be any future.

A third factor is that innovators should define risks and mitigate it.

Finally innovators have to be conservative in their approach and should be opportunity focused.