Managers of Wealth

Swiss watchmakers face another challenging year

As well as China’s slowdown, tourism in Paris, another luxury goods hub, has been hit by the Islamist attacks in November

Crystal Cruises adds a luxury jet

The starting rate to charter the private jet, which can accommodate 12 passengers, is about $8,000 an hour excluding taxes and any additional costs for overnight stays by crew, Rodriguez said.

China's Affluent Spend More on Experiences While Luxury shopping Remains 'Steady'

The survey of 1,341 consumers with an average annual income of RMB 833,509 (US$127,825) found that Chinese tourists are also highly interested in non-shopping activities and experiences when they travel

Mache Customs Turned This Pair of Li Ning Way of Wade 4s Into the World's Most Expensive Sneakers For Charity

The sneakers will be auctioned off to benefit the Soles4Souls organization, which has donated 26 million pairs of sneakers in over a hundred countries since 2006.

BMW CEO Pushes Electric Cars, Relies on Luxury Models for Funds

BMW rose as much as 3.34 euros, or 4.2 percent, to 82.90 euros, and traded at 82.53 euros at 10:14 a.m. in Frankfurt.

French luxury brand Longchamp eyes Asia market

Including its franchisee stores, it operates in 80 countries and employs about 3,000 people - half of whom are based in France.

Inside the Booming Vintage Luxury Fashion Market

There’s one crucial difference between Weisser’s newest boutique and those nearby, such as Louis Vuitton or Valentino: It will sell used clothing.

Mid-east buyer snaps up $30m of luxury penthouses at Battersea Power Station

The Battersea Power Station Development Company is mid-way through a massive redevelopment of the Grade I-listed power station south of the River Thames.

InterContinental Seeks New Asian Luxury Hotel Brands, CEO Says

Hoteliers are expanding in Asia to take advantage of rising tourism in the region.

Porsche, TAG Heuer Become Latest Sponsors to Cut Ties With Maria Sharapova

Luxury brands follow Nike in distancing themselves from Russian tennis star after failed drug test

Rolls Royce Black Badge edition unveiled, everyone bow down to the Mafia

The package, currently available for the Ghost and the Wraith, are completely blacked out in appearance and give the vehicles a mafia look.

Bottoms up! Whisky lovers are draining the world's supply of old single malt Scotch.

The world is running low on old single malt Scotch

Samsonite to buy rival luxury bag maker Tumi for $1.8bn

The price represents an enterprise value to last year’s adjusted earnings before interest, tax, depreciation and amortisation multiple of 13.6 times, according to the companies.

Avignon Capital sells Louis Vuitton retail investment in Copenhagen

The super prime retail investment was acquired by Avignon Capital in 2012.

Iran to Get Luxury Hotel Along Caspian Sea as Tourism Thaws

Iran’s first foreign-branded hotels in decades arrived in October

RINA Services expands in Middle East luxury mega yachts

Two luxury yachts recently received the final stamp to join the fleet classified by RINA

Hermes teacups, Mahjong sets: How to fly like an Asian tycoon

We all believe that the Asian market is going to be huge

Two pools, 13 bathrooms and 300 for dinner: the modernist fun palaces of Palm Springs

In the 1950s, Hollywood decamped to the desert – bankrolling the world’s most daring modernist architects to create ever more experimental boltholes. Welcome to a world of Martian landing pads, clifftop Bond lairs and Flintstones sofas

Brighter future seen for China's luxury goods industry

As Chinese spend on high fashion worldwide, local firms go shopping for brands to expand

New partnership brings contactless payment options to luxury watches

You’ll soon be able to continue spending money on luxury brand watches and wearables long after initial purchase, with MasterCard and WISeKey announcing a partnership to enable contactless payments on the items.