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Luxury

01/19/2016

UK interest in luxury timepieces is growing

Those who are more extravagant have usually seen an expensive watch as a one-off buy to last a lifetime.

01/18/2016

India’s luxury market to cross $18.3 B in 2016

The luxury market in India is forecast to grow from $14.7 billion today to $18.3 billion by the end of this year

01/15/2016

Volume and wealth make Chinese millennials a lucrative target market: GfK

In particular, the data shows that Chinese millennials in particular are more willing to splurge or pamper themselves with an expensive purchase.

01/15/2016

Startups rise in luxury goods market in India

Until a few years ago, luxury goods were the prerogative of celebrities and multi-millionaires.

01/14/2016

Vertu Signature Touch for Bentley

The Vertu Signature Touch for Bentley runs Android 5.1 and is powered by a 3160mAh non removable battery.

01/13/2016

British luxury car-maker Bentley suffers 8% drop in global sales

Both Bentley and Rolls-Royce have been riding high in recent years

01/11/2016

Global retail invasion to get bigger in 2016 as luxury brands head for Australia

Last year foreign retailers, including iconic brands like Cartier, Sephora, Omega and Valentino, opened about 40 stores in Sydney, Melbourne, Brisbane and Perth, compared with 35 in 2014

01/11/2016

Sotheby’s, in a Gamble, Acquires Boutique Art Advisory Firm

The firm, Art Agency, Partners, will lead a new fine art division within the auction house, focused mainly on 20th- and 21st-century art.

01/08/2016

BMW Once Again Takes U.S. Luxury Sales Crown

BMW has just walked away with the best sales figures for a luxury automaker in the United States last year.

01/08/2016

Luxury German Brands May Cut Back Russian Presence

Sources familiar with the automakers’ plans say new dealerships might threaten their existing distribution network by triggering a price war aimed at attracting new customers.

01/07/2016

Lexus International opens its first luxury brand outside Japan in Dubai

Lexus International opened the first INTERSECT BY LEXUS luxury brand experience space outside of Japan in Dubai, UAE, with an opening ceremony yesterday to mark the occasion.

01/07/2016

Tom Cruise is reportedly selling his enormous English country estate for $7.4 million

The house was built in 2003 on the site of a Victorian-era mansion.

01/06/2016

LVMH, Catterton And Groupe Arnault Partner To Create L Catterton, The Leading Global Consumer-Focused Private Equity Firm

Under the terms of this agreement, L Catterton will be 60% owned by the partners of L Catterton and 40% jointly owned by LVMH and Groupe Arnault.

01/06/2016

Top 10 mobile marketing trends for 2016

More than 50 percent of Google search queries worldwide were done using mobile phones.

01/06/2016

Luxury import tax cut to take lead from Hong Kong & Singapore

Thailand offers more for less to tourists than Hong Kong or Singapore, so making Thailand's luxury good prices equal should grab their market share.

01/05/2016

Saddam Hussein’s Yacht Is Sailing Again With a New Mission

It’s weathered changes in ownership and a difficult legal battle, but one of the world’s most elaborate yachts has found a fresh purpose.

01/05/2016

Ferrari completes spinoff with stock listing in Milan

The listing, which comes after Ferrari made its public debut on the New York Stock Exchange in October, completes the company's separation from Fiat Chrysler Automobiles SpA.

01/05/2016

Harrods helps consumers “get the glow” with 2016 resolutions campaign

A series of in-store events celebrating mental and physical health and happiness will help consumers start the new year on the right foot.

01/05/2016

Gourmet caterer targets London’s high net worth diners

The firm’s in-home offering will include a new dish created for the television documentary The World’s Most Expensive Food.

01/04/2016

Tesla Model X Ties For Best Luxury SUV To Buy In 2016 According To Bloomberg

Bloomberg has put its own spin on the year end, offering a “Best Luxury Cars To Buy” in 2016 list.

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