MasterCard shares key insights into the affluent market segment at Leaders in Luxury
- United Arab Emirates: Wednesday, October 28 - 2009 at 14:10
- PRESS RELEASE
MasterCard Worldwide in the Middle East and Levant, today announced its sponsorship of "Leaders in Luxury 2009", the premier Middle Eastern luxury brand and business development conference. MasterCard will be the "Official Card" at the conference.
"We are delighted to have MasterCard Worldwide as a main sponsor for Leaders in Luxury 2009," said Leon Kantor, Managing Director, Asia & Middle East, World Business Research, a global leader in business-to-business facilitation through large scale executive conferences.
"We welcome industry leaders, such as MasterCard, to share their longstanding knowledge of this ever-evolving affluent consumer market. The conference will provide a platform for leading luxury brands from around the world to discuss their strategies for growth in the Middle East".
Denzil Lawson, general manager, Middle East and Levant, MasterCard Worldwide said; "In line with further strengthening our market leading position in the luxury segment across Middle East and Levant, we are delighted to be the official payment card of Leaders in Luxury. We look forward to sharing our extensive expertise in the premium payments space and affluent consumer segment in the Middle East."
During the conference, James E. Carrington, group executive, Global Consumer Credit Products, MasterCard Worldwide will share relevant global insights into the affluent segment. Carrington will talk about how the premium market segment still offers considerable business opportunities. In helping customers realize these opportunities, Carrington will demonstrate how MasterCard Worldwide plays a leading role in the luxury industry, providing relevant means to enhance its customers' premium portfolios and strategy though a spectrum of products and privileges that provide cardholders a differentiated lifestyle.
With its vast knowledge and rich insights into consumers, MasterCard is building a strong luxury and fashion platform across the region, as an extension of its retail leadership. Supporting this global platform, MasterCard is presenter and sponsor of some of the foremost premium global fashion events, including the Singapore Fashion Festival, MasterCard Luxury Week Hong Kong, Rosemount Australian Fashion Week, Rosemount Sydney Fashion Festival and Audi Fashion Festival in Singapore.
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MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 21 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard, Maestro and Cirrus, MasterCard serves consumers and businesses in more than 210 countries and territories.
For further information, please contact:
Nadia Ejaz
GolinHarris
Tel: +971- 4-332 3308
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