Managers of Wealth

Smooth sailing for superyacht builder Pendennis as revenues rise

Luxury yacht builder Pendennis has weathered growing competition in the shipbuilding sector and choppy foreign exchange rates to post rising revenues and profits.

Tiffany's Sales Fall 6%, Profit Falls 5% in Q2 2016

In the Asia-Pacific region, sales totaled $230 million in the second quarter and $469 million in the first half - 6% and 7% respectively lower than the prior year.

Sonia Rykiel, queen of post-60s Paris chic, dies at 86

French designer Sonia Rykiel will be remembered in the fashion industry as a visionary who helped cement Paris as the capital of couture

Akshay Narvekar on building a luxury brand in India

More than brand power and the visual appeal of logos, the attention has shifted to bespoke clothing and shoes, which emphasises the individuality and personal taste of the wearer.

Tag Heuer vies for attention of millions as China launches Mars mission

Tag Heuer is no stranger to space exploration and counts itself as the first Swiss watchmaker to be “out of this world.”

Glory days over for luxury brands on mainland; analysts say innovation is key

It's very difficult for these labels to recapture their brilliant past, particularly their business peak, which was around 2010-12

Luxury travel: SA still a top destination

Travel is one of the luxuries Ultra High Net Worth individuals are increasingly opting to spend money on annually, according to Millionaire Corner.

Monterey Auctions Continue to Slide After 2014 Classic Car Peak

The auctions that are considered the bellwether for the vintage car market continue to slip.

The world’s hottest luxury real estate market might surprise you

Auckland has a lot going for it. With a mild climate and easy access to beaches and mountains, the city of 1.4 million people is consistently ranked high in surveys of the most liveable places in the world.

Mercedes-Benz has unveiled its concept electric Maybach and it is enormous

The auto can be recharged wirelessly via an electromagnetic field, and quick-charing abilities will cram enough power into the batteries to deliver 65 miles of driving after just five minutes.

Inside Christian Dior's stunning Provencal home...

A graceful, biscuit-coloured manor house dating back to the 15th century, set in rolling hills – no wonder Parfums Dior was so eager to rescue it when it came on the market in 2013.

Nancy Reagan's Jewels Are Up for Auction, and They Are Quite Something

Eighty-three pieces owned by Reagan are heading to auction this September carrying surprisingly low estimates.

Rolls-Royce reveals ridiculously fancy picnic basket at prestigious U.S. show

Only 50 of the baskets will be made and they will accessorize the final 50 Phantom Coupes and Drophead Coupes.

TA Associates invests $140 million in owner of fashion brand ‘W’

US-based private equity firm TA associates acquires minority stake in TCNS Clothing that owns W, Aurelia and Wishful brands

De Beers stakes its reputation on spotting the difference

All the rough diamonds De Beers sells for jewellery are real.

Rolls-Royce 103EX: A Vision of 22nd Century Luxury

The dynamically styled 103EX is a striking take on future generations of Rolls-Royce

New York’s Plaza among top rated hotel residences globally

The Sahara group is trying to refinance its loans taken for three overseas hotels while some bidders have expressed interest for the same.

2018 Audi A7 Reveals Prologue Styling in New Spy Shots

It appears that the characteristic silhouette of the A7 will remain the way it is and that most changes to the car’s design can be seen in the details.

Britain Has Become the World’s Cheapest Luxury Market

The recent shakeup, known as Brexit, also saw British Prime Minister David Cameron resigning, explaining that he does not consider himself the right “Captain to take the country to its next destination.”

4 Ways to Keep Your Competitors from Eating Your Lunch

Great companies…don’t try to stick to business as usual.