Managers of Wealth

Profit rise cheered at Remy Cointreau

GLOBAL drinks firm Remy Cointreau has posted an 18.1% increase in operating profit to €245.4 million (£208.9m) in a year

Patek Philippe Grand Complication Fetches A Record $2.25 Million At Christie's

The earliest and most significant example of a Patek Philippe Grand Complication sold for more than $2.25 million

It’s Official: Britain Invented Luxury Menswear

"The study offers a fascinating snapshot into the history and heritage of British menswear that amplifies the extraordinary legacy that we see around us today,"

Mulberry defends price rises as pins hopes on Asia push

The Frenchman, who has just returned from China, added that while growth in demand for luxury products had slowed in Asia, the opportunities there still far outweighed those in Europe

Remy Cointreau's Spirit Sales Shrink

Sales at Remy Cointreau increased 16.3% in its last financial year, although the French drinks group’s liqueurs and spirits portfolio shrunk significantly.

Rémy Cointreau has announced the sale of Larsen Cognac

Rémy Cointreau has announced the sale of Larsen Cognac to Nordic group Altia

Gulf Craft eyes Indonesian yacht market as country rides wave of wealth

"We anticipate a significant surge in interest in luxury goods in the coming years and we want to grow with the market,"

L'Oreal says president of Lancome resigns

Youcef Nabi has resigned,

Some luxury items remain cheap in Manila

The price of luxury goods is on the rise as the ranks of Asia’s elite continue to expand but Manila still offers some surprising budget finds for the value-conscious millionaire or billionaire, according to a new report by Swiss private bank Julius

Chinese predators step up luxury push

The transaction is likely to be finalized before the end of June, the report said.

Burberry chief executive becomes first female at top of Britain's pay league

Angela Ahrendts, from Indiana, took home a total pay package of £16.9m, putting her top of the executive pay league

The 50 Sexiest Cars Of The Past 100 Years

Cars may be machines, but they can still be incredibly sexy.

Release of the First World Luxury Index Hotels

New York remains top destination for luxury hospitality destinations worldwide – London, Dubai and Paris are fastest growing international destinations

Say Cheers! Luxury Designer Alexander Amosu creates World’s Most Expensive Champagne

The expensive drink by the luxury brand has been launched into the champagne market and is striving to become the world’s most enjoyed champagne by commissioning this one off design for private clients.

Julius Baer releases 3rd Wealth Report

Changing luxury consumption patterns across Asia indicate a shift towards quality over prestige

Laurent-Perrier FY profits drop, but non-Europe sales positive

Champagne house Laurent-Perrier has seen a slight rise in full-year sales due to demand outside Europe, but profits have dropped.

Tiffany to Open a Store in Moscow

Tiffany & Co announced plans to open a two-level store in Moscow’s GUM department store

Survey reveals some surprising in-flight preferences

What’s more, 55 percent said they would choose free Wi-Fi over free TV or movies on a flight

New Choices for Private Jet Travelers

New product options and improved aircrafts make flying noncommercially an accessible luxury for executives

Qatar-backed Tiffany & Co Q1 sales up 8%

Tiffany gets more than 30 percent of sales from jewellery costing less than $500, such as sterling silver heart pendants. In the first quarter, Tiffany sold fewer silver items.