05/01/2024
Luxury carmaker Aston Martin slumps 6% as losses nearly double
Analysts at Jefferies noted the “big miss across metrics,” flagging a 26% drop in volumes.
Luxury
04/26/2024
Watches from the collection of racing driver Michael Schumacher: the quest for ‘extreme precision and engineering brilliance’
Unique timepieces by F.P. Journe and Audemars Piguet — commemorating some of the Formula One legend’s historic achievements — are among a selection of haute horology coming to auction in Geneva on 13 May
04/24/2024
Owner of Patek Philippe Acquires Gourmet Haven on Lake Geneva
In addition to watchmaking, Thierry Stern, owner and chairman of Patek Philippe, is now venturing into culinary realms.
04/22/2024
Hermés handbags top list of world's most coveted items again
The index tracks the performance of a theoretical basket of selected collectable asset classes using existing third-party indices.
04/22/2024
HNWI surge set to propel Dubai’s ultra-luxury realty to new heights
In the first quarter, Dubai’s residential property market surged to $110 billion boosted by a 55% surge in investment inflows
04/17/2024
What Sustainability at Watches and Wonders Geneva 2024 Really Looked Like
IWC scraps its annual sustainability report, TAG Heuer delivers lab-grown diamonds while Cartier CEO Cyrille Vigneron renews his green commitments.
04/17/2024
LVMH sets tone for luxury peers; Adidas delivers positive news ahead of summer of sport
Just in terms of trends, in the US, there continues to be a divergence between aspirational and high-end consumers, and the former continue to feel the pressure of inflation and price increases.
04/15/2024
Watches that last: how ID Genève is transforming luxury watch-making by embracing the circular economy
Breaking with tradition, innovative players are now opening the way to more circular and environmentally-friendly watch-making.
04/11/2024
This $33 Million Home Resides in Rolls-Royce’s Former London Headquarters
The apartment is tucked into an eye-catching building that stands on a piece of land that has had many lives over the past few centuries.
04/11/2024
China’s young ultra-rich seen reshaping wealth management, art collection and luxury spending: HSBC summit speakers
Wealth management is transforming into ‘a new virtual format in addition to the traditional finance space’, asset manager says
04/04/2024
Wealthy Chinese dial back spending on luxury: Hurun survey
Report shows China’s affluent consumers reined in their spending on luxury last year, though bright spots emerged.
03/26/2024
Luxury Cars Market size to record USD 180.52 bn growth from 2024-2028, Launch of electric luxury car models is one of the key market trends, Technavio
The market is estimated to grow at a CAGR of 6.56% during the forecast period.
03/25/2024
Gustav Klimt's Last Work Soon To Be Unveiled in Hong Kong
Their participation underscored the deep connection between LGT Bank, the manager of the Princely Collections of Liechtenstein, and the Im Kinsky auction house.
03/25/2024
Sky-high wellness: private jets embrace the next frontier of luxury travel
A new programme from VistaJet provides passengers with a service pre-, mid- and post-flight, transforming a private flight into an “enriching” experience.
03/22/2024
Putting on the Ritz: As the luxury hotel launches its new Rolls-Royce service, Tatler tries out the VIP experience
Embarking on a journey through the heart of London takes on a new dimension with the arrival of the Ritz Rolls-Royce Experience
03/22/2024
Gucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall
Kering cited the stalling demand for luxury goods, particularly in the Asia-Pacific region, as the reason for the unexpected drop.
03/21/2024
Bentley profits head towards €600m as rich seek personalised cars
World’s super-rich prove willing to pay enormous sums on customising their vehicles to set themselves apart from the merely very wealthy
03/20/2024
Monaco Was the World’s Top Luxury Property Market in 2023
Buyers paid €51,418 per square meter in the city-state, which only grew in popularity during the pandemic
03/18/2024
Emerald Isle: 5 Fine Homes in Ireland
In honor of St Patrick’s Day, March 17, Luxury Defined presents a collection of homes in the land of saints and scholars—the Emerald Isle
03/15/2024
Sustainable luxury fashion label Another Tomorrow secures backing from Una Terra
A unique digital l ID provides each garment’s supply chain transparency and authenticity.