Managers of Wealth

Hong Kong Billionaire Hosted Mega Handbag Sale

At over HK$1.5 million, the most expensive sale was a 2006 Bleu Jean Shiny Porosus Crocodile Birkin 25, which features 18-karat white gold and diamond, according to results posted online.

China luxury market to rebound in 2023

However, luxury brands need to work towards harmonising pricing between China and the rest of the world, report by Bain found.

Asia Set to Take a Greater Role in LVMH’s Growth Moving Forward

The luxury conglomerate’s revenue for the year 2022 grew by 23 per cent to €79.2 billion.

Crisis, what crisis? Luxury boom shows staying power of ultra-rich

For the world’s richest, their money – and their lifestyles – really do seem to reflect a new Gilded Era. I can’t help but wonder when, and how, it will all end.

Luxury boom shows the staying power of the ultra-rich

Many of our expectations about the spending patterns of the wealthy are being confounded

Architecture of the East: Inside 6 Luxury Homes in Asia

Venture to the diverse landscapes of Japan, Taiwan, and Thailand to witness the very best of Asian traditional architecture as well as contemporary design in these six luxury homes

Gen Z is driving luxury sales as wealthy shoppers get younger

Generation Y, also known as millennials, and Generation Z accounted for all of the luxury market’s growth last year.

The Peninsula London: Hyde Park Corner’s beautiful and ultra-luxe new residences

A collection of 25 ultra-luxe intimate residences form the jewel in its crown – a lovingly crafted collection of one- to four-bed apartments, complemented by a destination spa and looked after by the same team caring for the hotel’s 190 guest

Rolls-Royce, Bentley and Lamborghini had record sales last year, again

Rolls-Royce delivered more than 6,000 vehicles last year, its first time topping that thresh

These Eco 5-Star Hotels Prove That Greenwashing Doesn’t Have To Be The Standard

This number is likely to increase, especially with the growing awareness of a warming planet, thrown into sharp relief this month with images of posh European ski resorts devoid of snow.

Championing Craftsmanship: The Architecture of the Pedevilla Brothers

Brothers Armin and Alexander Pedevilla of the eponymous architecture practice in South Tyrol, Italy, discuss the importance of local craftsmanship in creating spaces that evoke an emotional response

Step Back in Time: Return to the Designer Seventies

What do the words “1970s” and “designer” make you think of? An orange and brown color palette? Avocado suites and shagpile carpets? A refined version of the 1970s is back in vogue

Make better business decisions

The party bookended a milestone year for Fusalp: the 70-year-old brand is eyeing significant growth after receiving €15 million in funding in 2022

How The New York Luxury Lifestyle Community Interprets Trends In Modern Luxury And Sustainability

Tradeshows are a great opportunity to meet a diverse market of buyers.

Five Marquee Luxury Developments Launching Sales in 2023

Boutique projects offer exclusivity and emphasize well-being and green living from Boston to Helsinki

The Year That Was in Art, Watches and Collectibles

Art, luxury watches, and rare collectibles are more than just nice things to own and look at.

The world’s top 10 most popular luxury brands for 2023

The global luxury fashion market is predicted to reach US$350 billion in 2030, growing at a compound annual growth rate (CAGR) of 4.0%.

Forbes Favorites 2022: The Year’s Best Luxury Real Estate Stories

All this unpredictability drove some to new zip codes—a list of the most and least expensive states to live in proved helpful—and others to international waters.

How luxury retailers leveraged data and partner brands to compete for holiday shoppers

To appeal to its luxury shoppers, Neiman Marcus focused its 2022 Fantasy Gifts lineup on special moments, in line with its “Make the Moment” holiday campaign.

Luxury Hotels May Be Underpriced Relative to Other Luxuries

But they could do better long-term if management teams sharpen their focus on opportunities to woo well-off consumers who increasingly care about experiences.