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How to Attract China’s Connected Traveling Shoppers Before, During, and After...
Cartier’s NYC flagship. (Cartier/Facebook) It is not news that the number of Chinese travelers flowing over the borders both near and far to experience new countries and new cultures is growing....
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Most exclusive, recognized & desirable luxury brands ranking in the U.S.
The U.S. is also the second largest contributor to the global luxury market after China, having contributed close to one third of market growth from 2012 to 2015. In authoring “Luxury in the United...
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India among top prospective markets for global luxury brands: Report
NEW DELHI: India is among the top prospective markets for luxury brands worldwide, with the country expected to see over two-fold growth in this segment in the next 10 years, says a report. According...
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Foreign buyers expected to boost Toronto home market as Vancouver cools:...
Sotheby’s says foreign buyer interest is increasing in the Greater Toronto Area. (Mark Blinch/Reuters) Growing interest from foreign buyers could fuel high-end Toronto market Toronto is expected to...
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Superyacht new order sales grow 7.5pc since 2003: Altagamma
Image courtesy of Altagamma Superyachts have seen a value of 8.7 billion euro, or $9.7 billion at current exchange, in 2016, amounting to 295 yachts and Italy being labeled as the largest manufacturer...
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Chinese tourists favor the U.S. and Australia to the detriment of Europe
Chanel store Melbourne Safety has become a priority issue for Chinese tourists this year, putting traveling to hot spots in Europe and other parts of the world on hold. Terrorist attacks have caused...
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The top 9 luxury brands in the world
A new report has revealed the most successful luxury brands online. The report, by PMX Agency, measures a variety of metrics including site visits, brand searches and social media engagement within...
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Luxury vehicle sales booming as wealth effect spurs Canadians to buy costlier...
Canadians may be buying “too much car” and getting in over their heads, as sales of luxury vehicles are booming. In a recent note, BMO economist Alex Koustas calculated that sales of cars with a...
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Luxury goods sales on the increase in the U.K.
According to figures by Global Blue, a tax-free sales specialist, tourists have flocked to the UK to profit from the weak pound and buy luxury goods. Their purchases last month jumped up by 36%...
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UHNW population to grow 50pc by 2020: Wealth-X
Carolina Herrera ad from spring/summer 2016 Ultra-high-net-worth individuals’ net assets saw stagnant growth in the past year, with their wealth increasing a mere 0.8 percent. According to Wealth-X’s...
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Best performing luxury brands on social media
Chanel Fall Winter 2016 ad campaign Social media behavior varies across industries, with product categories showing different levels of maturity and diverse priorities, according to a new report from...
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Investing in Asia’s growing appetite for luxury: four ways to get started
A model walks the runway at the Burberry show during London Fashion Week. Many of the developing countries in emerging markets, especially in Asia, have experienced rapid GDP growth and increasing...
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Opportunities for entrepreneurs in the booming Luxury Industry of India
The word entrepreneur originates from the French word, entreprendre, which means “to undertake.” In a business context, it means to start a business. The Merriam-Webster Dictionary presents the...
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Dior, Tesla break into top 100 brand rankings for first time
Marion Cotillard for Lady Dior On average, luxury brands’ value rose 10 percent this year, as a number of houses hit the reset button, according to Interbrand’s Top Best Global Brands 2016 list. While...
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Shanghai Has Most Expensive Luxury Costs in Asia for Third Year in a Row
The luxury IFC mall in Shanghai. (Philip Lange/Shutterstock) Despite decisions by many international luxury companies to lower the cost of their goods in mainland China, Shanghai is still Asia’s most...
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UK luxury home sales are recovering, estate agents say
Chester Square in Belgravia, London. Luxury homes are holding their appeal despite Brexit vote. Photograph: Guy Somerset/Alamy Buyer interest in prime residential property higher in July and August...
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Russia’s economic trials paves opportunity for luxury
John Varvatos in Moscow celebrating his brand’s store opening Devalued currency rates in Russia have spurred an uptick in tourism and the purchase of luxury accessories within the market. Market...
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LVMH Says No Way Will it Do Business with Amazon
‘The business of Amazon does not fit with LVMH full stop and it does not fit with our brands,’ said LVMH chief financial officer Jean-Jacques Guiony. Illustration: Costanza Milano for BoF PARIS,...
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Should you invest in London’s Mayfair or NYC’s Upper East Side?
London and New York are home to some of the priciest and most exclusive property markets in the world, and both cities are attractive destinations for high net worth property investors as a result. Yet...
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Rio rebooted: why luxury brands are buying in to the city
The Olympics may be over but fashion houses are still going for gold in Brazil The Niteròi museum in Rio, where the Louis Vuitton Cruise show was held in May © Louis Vuitton/Grégoire Vielle The...
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