Managers of Wealth

Mercedes-Benz works to reclaim top position in luxury car segment

Mercedes-Benz, the German luxury automaker, is trying to reclaim the top position in the luxury car segment and this can be only done by selling volumes in the market.

Luxury brand Mulberry delivers strong results

Profit before tax up 54%

Super-rich increasingly turning to luxury adventures

You may assume that helicopter rides in the Alps or staying in private island getaways are the preserve of a few billionaires, but a new report from the Boston Consulting Group has found that even more modest multi-millionaires are now indulging in expens

Rolex Is Most Popular Pentamillionaire Luxury Watch Brand

Survey participants reported average income of $682,000 and average net worth of $14.6 million.

One Concierge Unveils New Private Membership Options

After almost a year of secrecy, One Concierge, a global concierge & lifestyle brand, is once again, opening its doors to new members.

Graff and Asprey top Luxury Brand Status Index

The LBSI focuses on the spending habits of ultra-wealthy US shoppers with at least $200,000 per year in household income and minimum net worth of $5 million.

A Luxury Slowdown in China? Don’t Hold Your Breath

Mainland-Chinese customers generate roughly one-third of Gucci and Prada’s world-wide sales, he added, and it’s not uncommon for rich Chinese to spend one-quarter of their disposable income on luxury goods.

Yachts Set Sail for Singapore

Over the past month, Singapore played host to the Singapore Yacht Show and Boat Asia; both focused on showcasing million-dollar boats luring wealthy buyers to Southeast Asia’s increasingly crowded marinas.

Walpole says UK luxury sector to grow 8.5% in 2012

Luxury not-for-profit organisation Walpole has announced the results of a study with Ledbury Research into the current UK luxury goods market, forecasting growth in sales of 8.5% in 2012.

Bentley or $570,000 Rolls? The Choice of Newest Maharajas

Their expansion illustrates the growing affluence of the burgeoning rich in India, where super-luxury vehicle sales are expected to quadruple by the end of the decade.

Behind the Bonus- Discretionary Income and Luxury Spending

Prince & Associates have suggested that at the height of the boom, US bankers spent close to two thirds of their bonuses on luxury.

Toys for rich boys get more expensive

Certain toys for high net worth individuals will be become more dear once the taxman is through with them.

Luxury brand boom anticipated as wealthy Chinese tourists head to UK for New Year

They will be looking for British brands such as Burberry and Mulberry, and international brands such as Prada and Gucci.

BMW's Rolls-Royce Brand Posts New Sales Record‎

Newly rich Chinese buyers has made China one of Rolls' most important markets

LVMH Asian offshoot keeps an eye on Watches of Switzerland

L Capital, controlled by managing partner Ravi Thakran, is a fund set up to buy consumer and retail businesses that would fit with the Louis Vuitton to Moet Hennessy group

Swiss millionaire sells customised Mercedes for GBP7m

The Mercedes - transformed by a team of 35 workers, costing £3.5 million and taking a total of 30,000 man hours to complete - has now been renamed the 'Anliker McLaren SLR 999 Gold Dream'.

Rolls-Royce looks at better reach for growth in India

Rolls-Royce, which sells six models in India, also plans to expand its bespoke initiative here to design cars as per customer specifications.

Swiss luxury property market climbing

According to Knight Frank’s analysis nearly a quarter of the Swiss population will be millionaires by 2020, with only Hong Kong and Singapore having a higher density of millionaires.

Luxury