- Managers of Wealth -Wealth, private banking and asset management news and opinion

The real cost of luxury

One justification for the economic policies that go under the name of reform is that the poor gain by a trickle-down effect. But the effects do not always trickle down.

Chinese Appetite for Luxury Ebbs

Sales of everything from gold watches to leather handbags are declining, although they are still robust by global standards.

Qatari royals buy Italian fashion icon Valentino

Valentino did not disclose financial details of the sale or name the investor.

Luxury brand Alfred Dunhill to wind up India operations

Alfred Dunhill, more than a hundred-year-old British luxury menswear and accessories brand, is winding up its India operations.

Luxury brands like Hermes, Burberry and Louis Vuitton diversify product offering

Hermes isn't the only company that is stocking luxury items that you wouldn't readily associate with such elite brands.

Top 10 luxury brand mobile efforts of Q2

The app’s home screen lets users navigate to different sections such as two model-dedicated sections for the GT and GTC, the Visualiser customization tool, The V8 Story and Bentley’s Twitter feed.

Vuitton $11 Million Diamond Seen Elevating Luxury Brand

Louis Vuitton, known for its laminated canvas handbags, has opened its first standalone watch and jewelry store at a time Europeans are tightening their belts.

Qatari royal family in talks for Valentino brand

The sale talks come five years after Permira purchased Valentino Fashion Group in a deal worth €2.6bn.

France's Remy Cointreau in talks to buy Scottish whisky maker Bruichladdich

Bruichladdich Distillery closed down its activities in 1994, but enthusiasts for its single malt whisky reopened the installations in 2001.

France's PPR may buy Chinese luxury Brand

The report didn't elaborate on potential targets.

Mercedes-Benz G-Class Proving Popular in China and Russia

Axel Harries, head of Mercedes SUV product line, told Autonews Europe that sales of the G-Class, which has been in production since 1979, jumped 50 percent over the past three years mainly due to high demand from Russia and China.

Bulgari updates ancient coin collection–the only luxury brand with these relics

The collection is the updated version of Monete.

Louis Vuitton steps up jewellery push with Paris store

LVMH opened a Louis Vuitton jewellery store on Paris's Place Vendome on Monday, hoping to tap in to a fast-growing market for expensive baubles and expand the brand's image beyond leather goods and fashion.

Top 10 luxury brand social marketers of Q2

Luxury marketers provided their Facebook, Twitter, Pinterest and YouTube followers with new brand information in creative ways that aligned with the spring season.

Mario Testino's Mercedes-Benz campaign starring Joan Smalls

The punch line comes as Smalls opens the sunroof to make space for her Mohican, before speeding away laughing audaciously.

From historic hotels to private jet showrooms, the business of catering to the super-rich is still booming

Want to fly a fighter jet at 500 miles an hour just above the ocean off Cape Town

Small luxury firms make modest way to global market

Now, with times tough and sales to French and American women sluggish, Cadolle, like many small French luxury firms, finds itself struggling to tap into a $191 billion (122.72 billion pounds) global boom driven by customers from emerging markets.

Lexus tops auto quality study as industry improves

Consumers continue to be baffled by new technology such as voice-activated controls in their new cars and trucks

5 High-Tech Smart Homes for the Super Rich

More and more high-end properties feature such "smart-home" technologies - professional-grade audio/video systems, plus lights, thermostats, window shades and more that you can control with an Apple (AAPL) iPad or other smart device.

Being a millionaire no longer brings luxury lifestyle, First Direct says

The bank found that in 1992, £1 million could buy all the hallmarks of a luxury lifestyle: a house in Kensington and Chelsea, a Rolls Royce Phantom, a seagoing luxury yacht, and holiday homes in Tuscany and Cornwall,