Managers of Wealth

Burberry posts record profits as revenues hit £2.33bn due to 'outstanding brand momentum'

Burberry has posted "record sales and profits" in its preliminary annual results, as the luxury brand's revenues grew by 17% to hit £2,330m.

Future May be Bitter for Chocolate Lovers Leading Processor Warns

The future may be bitter for chocolate lovers unless cocoa producers step up their output dramatically to satisfy an expected surge in demand from emerging market countries, an industry executive warns.

Smartphone and Luxury Car Fanatics, Meet Motorola’s Moto G Ferrari Edition

Motorola recently launched a new special edition of their Moto G model, the Moto G Ferrari Edition.

Hennessy encourages social interaction for limited-edition bottle unveiling

LVMH-owned cognac maker Hennessy is continuing the “art of the chase” with a new V.S limited-edition bottle collaboration with American artist Shepard Fairey.

Raffles Residency Woos UAE's High Net-worth Indians to Invest in Bespoke Villas

Raffles Residency Private Limited, an entity of the Singapore based Jumabhoy family specialising in luxury residences, today announced that a preview of its maiden real estate venture in India - Raffles Park - has been scheduled for 30 and 31 May in Dubai

Living large: The market for super luxury homes

The number of billionaires is expected to increase in the next decade

What Luxury Brands Rate Best with Millionaires?

MillionaireMatch.com questions its members on their favorite luxury brands

World’s First Flying Bicycle Costs As Much As A Luxury Car

For $45,000, you can get yourself a pretty nice ride or a Flying Bicycle.

Chinese demand for luxury could haul the global economy out of recession

Growing consumer class develops purchasing power

Swiss luxury goods group reports 5 % sales growth

Operating profit in line with the prior year at € 2 419 million

Luxury brand Salvatore Ferragamo Q1 EBITDA up 10%

The Board of Directors of Salvatore Ferragamo S.p.A., parent company of the Salvatore Ferragamo Group, one of the global leaders in the luxury sector,

Luxe British shop Aspinal finds a home at Brookfield Place

The jewel box-like store has 100 feet of windows overlooking the redesigned Winter Garden at the edge of the Hudson River.

Need a Cannes Hotel? Try $52,000 Penthouse Suite

The rich and famous have descended on the seaside town.

Apaiser’s sumptuous Haven stone bath stars in island resort villas

Cheval Blanc Randheli has taken opulence to a new level at its villas with freestanding stone baths from Apaiser Bathware.

Global Luxury Goods Sector Remains Resilient, Despite Tougher Consumer Market, According to Deloitte Report

LVMH tops list of world's largest luxury goods companies

Louvre Abu Dhabi shows off its treasures in Paris

The oil-rich United Arab Emirates certainly has the wealth of a first-class nation.

Why global recovery could depend on China's taste for luxury

China's looming coronation as the world's largest economy, years ahead of schedule, is probably not particularly surprising in one sleepy corner of Oxfordshire.

High-profile hires by luxury groups face increasingly intense battle

The once stellar growth enjoyed by leading luxury groups has slowed considerably in the past 12 months, hampered by waning enthusiasm from Asian customers, volatile exchange rates and a bitter battle for the attention of emerging market consumers.

Starwood Hotels & Resorts to Debut New Luxury Hotel in Milan, as Excelsior Hotel Gallia Joins the Luxury Collection Brand

Starwood Hotels & Resorts Worldwide, Inc. today announced that the internationally-renowned Excelsior Hotel Gallia in Milan will join The Luxury Collection portfolio.

Bad news for richest 1% as luxury firms hike prices

Luxury brands are mulling more inflation-busting price rises, in the face of strong foreign exchange headwinds and changing Chinese shopping habits.