Managers of Wealth

Abu Dhabi exiting investment in Daimler

Aabar is a unit of International Petroleum Investment Co. (IPIC).

As China’s Luxury Market Evolves, Who’s Winning And Who’s Losing?

Aggressive Expansion In Recent Years May Cause Short-Term Pain, Long-Term Gain

Paris Motor Show: Battling for luxury crown

Germany’s BMW and Mercedes-Benz are in a seemingly unending battle to be the top-selling luxury brand in the world.

Estée Lauder develops a new brand just for China

The new skin care brand is a modern mash-up of traditional Chinese medicine and the American science of marketing

Prada Defies Luxury Brand Hand-Wringing in China

“As the luxury industry matures, the Chinese are becoming much more sophisticated about the products that they buy.”

Macquarie Private Wealth Arts Awards announced

The 2012 Macquarie Private Wealth New Zealand Arts Awards will be presented on Tuesday 2 October, in The Cloud on Auckland's Waterfront.

Making luxury affordable for smartphone lovers

“Luxury market is picking up and we see a good time ahead."

E-Commerce and Social Media Drive Sales of Luxury Brands

E-commerce is driving sales of luxury items even during a weak economy, a study released by PM Digital, a New York-based digital marketing agency, says.

China Now Pernod Ricard’s Second Largest Market Worldwide

Though demand for fine wine, whisky, vodka and even craft beer continues to climb among China’s expanding middle class, cognac remains the preferred tipple for many of the country’s wealthier, typically older and male, drinkers.

Richemont to acquire US luxury apparel business

The transaction is expected to close in October 2012 and will have no material impact on Richemont’s consolidated net assets or operating result for the year ending March 31, 2013.

Kate Moss, Lana Del Rey at British brand Mulberry’s ‘70s-inspired fashion show

British luxury brand Mulberry has ditched most of the playfulness in its recent seasons, showcasing a spring collection that’s still quirky but definitely grown-up.

Ralph Lauren and Calvin Klein Ranked Most Popular But Not Most Prestigious Among Wealthy Shoppers

Brand prestige and popularity are two different matters.

Luxury lunch bag taps into “stealth-wealth” trend

Because some women need couture to carry leftovers to work, the world’s most expensive paper lunch bag has been unveiled.

Coutts launches rooftop vegetable garden at Strand HQ

Coutts is today unveiling its urban kitchen garden, consisting of over 9,000 organic plants including vegetables, fruit, herbs and edible flowers growing on the roof terrace of its headquarters in central London.

Burberry profit warning chills luxury rivals

But some analysts said it was not yet clear whether Burberry's warning was a red flag for the whole sector.

Audi Threatens BMW’s Seven-Year Lead in Luxury Car Sales

“They are the strongest growing luxury brand, and they just launched the A3, which is close to being their best-selling car in a peak year.”

Here's The Real Reason There Are Abandoned Luxury Cars Around The UAE

A recent tranche of cars impounded by the Municipality of Abu Dhabi included a mix of foreign and Emirati owners

Luxury brands like Porsche, Jimmy Choo ally with CAs, wealth managers to woo rich clients

"CAs and wealth managers know where the money is. For the luxury firms, we are just another way of bringing out the rich buyer as a slow economy discourages them from heading towards their stores,"

Rolls Royce Ghost Named Best Luxury Car in Moscow

“We are delighted to receive this prestigious accolade for Ghost,” commented James Crichton, Regional Director Rolls-Royce Motor Cars for Europe and South Africa.

Rolls-Royce increases its presence in Japan

Responding to the strong level of interest in its cars in Japan, Rolls-Royce Motor Cars has opened up increased retail space in Tokyo and a new presence in Osaka, in addition to an upgraded showroom in Yokohama.