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Luxury Brands In The Age Of Digital
If you’re a retailer or a brand, it seems as though eCommerce and the rise of smartphones and mobile shopping have made your customers more cost-savvy and price-aware than ever before. Very few...
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Taiwan’s luxury market sees decline in Chinese travelers
Taipei 101 Shopping Once a key luxury shopping destination for Chinese travelers, Taiwan is now seeing a mainland visitor slump that shows just how abruptly politics can alter the Chinese tourism...
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Financial Advice Rich People Need to Know
Close-up of a Calculator and Pen on a Financial Newspaper. Blue-toned. Did you know that generally within two generations a wealthy family loses all of its accumulated wealth? Obviously there are...
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Report reveals China’s luxury market back to ‘rational growth’
An employee puts a handbag on the display shelf in a store in Hangzhou, Zhejiang in May 18, 2013. [Photo/IC]Chinese consumers have been famous for their enthusiasm for luxury products in recent years,...
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Ferrari’s Supercar Sales Fuel Second-Quarter Earnings, More than Expected
Italian high-end automaker Ferrari published better-than-expected quarterly revenues on Tuesday, helped by strong need for its supercars from Europe and China and margins strengthened by special...
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Bentley opens in Dubai largest showroom globally
Bentley has opened its largest showroom to date, on Sheikh Zayed Road. The 75,000 sq ft showroom comprises of 160,000 LED lights, with a facade capable of streaming HD videos. The showroom hosts valet...
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Prime global real estate growth reaches two-year high: Knight Frank
Water Mill, NY home; listing via Knight Frank For the fifth consecutive quarter, luxury home prices are growing faster in Vancouver, British Columbia, Canada than anywhere else. According to Knight...
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EXCLUSIVE: How high-wealth families can manage their finances
The way we manage our finances differs because everyone has unique needs and requirements, as well as there being a vast range of individual and family resources. For high-wealth families it can be a...
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70pc of new billionaire wealth in 2015 came from Asia: Wealth-X
As of 2015, the 2,473 billionaires around the world hold a combined wealth of $7.7 trillion, making them a small but powerful population in the global economy. According to Wealth-X’s Billionaire...
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Monaco has most millionaires per head in Europe – but London not far behind
One in every three people in Monaco are millionaires, according to research into the cities of Europe that have the most high net worth individuals, with Zurich close behind. London ranks fourth....
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Chinese tourists spend 2 bln USD in Russia last year
Photo shows three Chinese tourists posing for a picture in front of Red Square in Moscow, Russia. [Photo: Ctrip .com]Chinese tourists took a fancy to shopping in Russia, spending over 2 billion U.S....
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Will the Olympic revamp luxury’s interest in Brazil?
Ralph Lauren’s Sāo Paulo flagship Brazil is expected to see inbound arrivals increase by 7.2 percent in 2016, driven by its hosting of the summer Olympic Games in Rio de Janeiro Aug. 5-21, according to...
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Emerging markets due to overtake Europe as luxury goods revenue leader by...
Image courtesy of LVMH Due to the resiliency of developed economies, the global market for luxury goods is expected to be valued at $374.85 billion by 2020, according to a report from Transparency...
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Swiss watch exports to UK rise as tourists make most of fall in sterling
Increase taps into surge of visitors to UK, exploiting what has become the cheapest luxury market in the world, say analysts. A man looks at expensive watches in a shop window in Bond Street, central...
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31.7M Mainland Chinese consumers traveled abroad in H1 2016: report
Courtesy www.telegraph.co.uk International markets saw a 16 percent increase in Chinese outbound travelers, but closer to home, in Greater China, there was a 7 percent decline in tourism for the first...
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Gucci Among World’s Hottest Fashion Brands, While Prada Cools
Gucci, Louis Vuitton and Chanel are among fashion’s ‘hottest’ luxury brands, earning editorial coverage that matches or exceeds their print advertising spend. LONDON, United Kingdom — Gucci has been...
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After new tax, buyers from China cool to luxury Vancouver homes
THE CANADIAN PRESS/Jonathan Hayward Interest from China in Vancouver real estate listings worth more than $1 million is down sharply, but local buyers shouldn’t get too excited. The B.C. government’s...
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The future of luxury retail lies in e-commerce
“Over-extending the retailer network is indeed a problem,” says Luca Solca, managing director, luxury goods at Exane BNP Paribas said in his speech at the recent edition of deLux16 conference in...
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Sterling’s dive boosts sales of luxury yachts at British boatbuilder
The weakness in the pound has lifted sales of luxury yachts Brexit has delivered a boost to Britain’s biggest boatbuilder with Princess Yachts revealing that the crash in the pound helped it secure...
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Chinese Buyers Are Snapping Up Luxury Condos in Boston
Boston’s Back Bay area is becoming one of the hotbeds for Chinese buyers. David L. Ryan/Getty Images The city’s famous colleges and universities attract wealthy families from China Thanks to its famed...
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