Managers of Wealth

How Ferrari Masters the Art of Scarcity, Exclusivity and Brand Mystique

This strategy echoes the approach of French luxury brands.

Ultra-Luxury Beverly Hills Resort Inks $300 Million for Building

Vici Properties financing mezzanine loan for development

Bentley shifts gears: Luxury carmaker abandons its .bentley domain

Luxury carmaker Bentley has decided it no longer needs its own top level domain name.

Dubai’s ultra-luxury real estate booming amid limited supply

Over the last ten years, sales of luxury Dubai villas and apartments valued above $4mln have risen dramatically, reaching $19.3bln in 2024 for the second year in a row, an increase of almost 688% since 2015

Nest Seekers Launches Tribe to Elevate Luxury Travel for High-Net-Worth Individuals

As luxury travel expands at an unprecedented rate, demand for personalized, high-end experiences has never been greater.

Hermès Sales Jump as Label Outperforms During Luxury Slump

Struggling watches division also grew in fourth quarter

China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty

They are now choosing to spend their money in new ways.

How Chinese Tourists Fuel a $100 Billion Luxury Goods Black Market

Moments later, outside the store, a handler collects the bags, marking yet another successful purchase for China’s $100 billion luxury black market.

Gucci 2024 sales in the red, says luxury fashion house owner Kering

Sales retreated 12 percent to 17.2 billion euros.

Swiss Luxury Jewelry Market Embraces Blockchain for Diamond Tokenization

Transforming the Diamond Trade with Digital Innovation

Gucci parts ways with Sabato De Sarno amid sales decline

Third profit warning rocks Kering as flagship brand struggles.

Ferrari races to another record-breaking year, e-model set for Oct. 9

For the fourth quarter alone, net profit climbed 31 percent from the period the year before to 386 million euros, also ahead of forecasts.

LVMH to be driven in 2025 by its powerhouses Louis Vuitton, Dior, and by Tiffany

Elements that are expected to allow the group to look to 2025 with a little more optimism.

Wealthy Americans are buying more diamonds at last

De Beers sees improvement after several years of subdued demand.

Michael Najjar nominated for the Prix Pictet

The prize, awarded annually by the Swiss private bank Pictet, is one of the world's most important awards for photography and sustainability.

The 10 most luxurious airline perks for wealthy fliers

From unlimited caviar to Bulgari cosmetics, a luxurious life in the skies is possible for the right price

Jaguar Land Rover is betting wealthy customers will pay extra to paint their car the same color as their private jet or yacht

It needs to expand its range of custom personalization options.

Luxury