05/10/2012
Mainland-Chinese customers generate roughly one-third of Gucci and Prada’s world-wide sales, he added, and it’s not uncommon for rich Chinese to spend one-quarter of their disposable income on luxury goods.
05/02/2012
Over the past month, Singapore played host to the Singapore Yacht Show and Boat Asia; both focused on showcasing million-dollar boats luring wealthy buyers to Southeast Asia’s increasingly crowded marinas.
04/05/2012
Luxury not-for-profit organisation Walpole has announced the results of a study with Ledbury Research into the current UK luxury goods market, forecasting growth in sales of 8.5% in 2012.
03/28/2012
Their expansion illustrates the growing affluence of the burgeoning rich in India, where super-luxury vehicle sales are expected to quadruple by the end of the decade.
03/26/2012
Prince & Associates have suggested that at the height of the boom, US bankers spent close to two thirds of their bonuses on luxury.
02/23/2012
Toys for rich boys get more expensive
Certain toys for high net worth individuals will be become more dear once the taxman is through with them.
01/24/2012
They will be looking for British brands such as Burberry and Mulberry, and international brands such as Prada and Gucci.
01/09/2012
Newly rich Chinese buyers has made China one of Rolls' most important markets
01/02/2012
L Capital, controlled by managing partner Ravi Thakran, is a fund set up to buy consumer and retail businesses that would fit with the Louis Vuitton to Moet Hennessy group
12/19/2011
The Mercedes - transformed by a team of 35 workers, costing £3.5 million and taking a total of 30,000 man hours to complete - has now been renamed the 'Anliker McLaren SLR 999 Gold Dream'.
12/12/2011
Rolls-Royce, which sells six models in India, also plans to expand its bespoke initiative here to design cars as per customer specifications.
11/25/2011
According to Knight Frank’s analysis nearly a quarter of the Swiss population will be millionaires by 2020, with only Hong Kong and Singapore having a higher density of millionaires.
10/07/2011
Luxury Institute's Wealth and Luxury Trends 2012 and Beyond
09/22/2011
China's Super Rich Are Getting A Taste For Luxury Yachts
09/14/2011
The world economy may be sitting in a ditch, but cashed-up collectors are still shelling out stratospheric sums for rare, vintage and collectable watches.
09/01/2011
Earnings at Hermes flying as luxury market booms
08/16/2011
A week ago, Michael Heller was ready to drop thousands of dollars on a Jaeger-LeCoultre watch that he’d been coveting. But the recent stock market turmoil made him rethink the splurge.
08/16/2011
Global firms eye Chinese art
Fortune 500 corporations and financial institutions have long collected art and antiquities and have invested hundred millions of dollars in recent decades to amass and display an impressive array of works by top artists.
08/16/2011
Why the wealthy will stop spending
12/31/1969
The trickier part will be getting it to sell as well.