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Luxury

09/09/2024

European luxury shares’ $240 billion rout is just the beginning

Once seen as Europe’s answer to the US “Magnificent Seven” tech megacaps, shares in companies producing high-end clothing, handbags and jewelry are languishing, sapped by a spending slump.

09/05/2024

Is Turkey becoming the new luxury hub?

It may be too early to tell, but all the signs seem to be there

09/04/2024

German carmaker Porsche is planning to build $40 million luxury apartments in Bangkok, where the average salary is $16,000

German carmaker Porsche is planning to build $40 million luxury apartments in Bangkok, where the average salary is $16,000

09/03/2024

Asia’s super-rich millennials are getting into luxury yachts—here’s how the designs are catering to their needs

Affluent millennials, particularly in Asia, are increasingly keen on yachts. Here’s the how the vessels’ designs are catering to their wants and desires

09/02/2024

The ultra-secretive billionaire heiress of the Stern family, the owners of Patek Philippe

This tells you a lot about the $85 million superyacht adventure-seeking owner.

09/02/2024

It’s an ultra-wealthy dilemma: Who inherits the wine and art collections?

Less than half of those worth more than $3 million have basic estate plans for their complicated assets.

09/02/2024

Why Luxury Brands Need to Consider Cybersecurity More Than Ever

From breach of data to periodical security testing and finding professional web developers, luxury brands are not immune to cyberattacks.

08/30/2024

Luxury watches and high-end jewellery undergo sustainability transformation – Piaget leads the way

Regardless of short-term fluctuations, the luxury market remains in rude health.

08/27/2024

What You Can Learn From Ultra-Wealthy Buyers Before Purchasing A Home

Many of these buyers aren’t just wealthy — they’re considered ultra-wealthy, and here’s what you need to know about them.

08/23/2024

Snubbed China shopper makes luxury shop staff count US$84,000 cash for 2 hours then leaves

Wealthy woman with grudge shows stand-offish sales assistants at Louis Vuitton store that revenge is dish best served cold

08/23/2024

Top 8 Car Brands Driven By the Wealthy

The wealthy tend to snap up higher trim models from “regular” brands and less expensive models by luxury brands.

08/22/2024

From tradition to transformation in the luxury market

The great generational transfer of wealth coupled with a strong outlook in China and the Middle East heralds a positive new era for the luxury sector

08/21/2024

Luxury Unfiltered: Connecting with ultra-luxury clients

What I found striking was how critical for them the focus on hyper-personalized service and sustainability was - both a challenge for many of today’s brands.

08/19/2024

Ultra-luxury home sales in US are on pace to set record

The closing was ultimately a turning point. Less than a month later, a nearby five-story penthouse went for $US135 million.

08/19/2024

Why the jewellery industry isn’t giving up on natural diamonds: heritage brands trade on rarity of ‘real’ stones as demand for lab-grown gems slumps

Louis Vuitton’s Deep Time Laurasia necklace has a 5-carat yellow diamond at its centre, while Graff’s Galaxia collection features more than 1,100 carats of diamonds and precious gemstones

08/12/2024

Axis Bank and Visa launch luxury credit card for the wealthy Primus

Visa and Axis Bank launch 'Primus', an ultra-luxury credit card for India's elite.

08/09/2024

US Luxury Spending Down 11% in July, Says Citi

Credit card data from Citi Research suggests a steep decline in spending for luxury leather goods and ready-to-wear, while watches saw unexpected growth.

08/09/2024

The best suites to stay in across London's most luxurious hotels

From the whimsical Sir Paul Smith Suite at Brown’s Hotel to the splendour of the Royal Suite at Claridge’s, London's suites are unlike any other in the capital

08/09/2024

Vintage cars get investors going

The Stuttgart-based financial institute publishes the classic car index (OTX) every year.

08/08/2024

Swiss Watchmaker Brings More Glamor to Paris

Originally selected for its precision, the company is present in Paris with 550 timekeepers, supported by 350 tons of equipment.

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