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Luxury

08/02/2024

Ferrari upgrades 2024 guidance as luxury models and personalisation drive record Q2 earnings

The company's success is largely attributed to increased sales of its more expensive models and a growing demand for personalised vehicle options.

08/02/2024

A Qatari princess ditched her trusted private jet and took a high-speed train to the Paris

Olympics, only to have 11 of her Hermes handbags, containing expensive jewelry and watches, stolen.

08/02/2024

2024 Half Year Results - Rolls-Royce

Shareholder distributions to be reinstated in respect of the full year 2024 results.

07/31/2024

Prada Defies Market Uncertainty

Prada SpA continues to experience strong growth, maintaining a double-digit rate.

07/30/2024

Digital Advancements Have Changed the Automotive Industry

From self-driving cars and virtual showrooms to the growing appeal of classic car experiences, digital advancements are impacting consumer experiences and the balance between technology and driving pleasure.

07/29/2024

Why Ferrari’s Crypto Expansion in Europe Sets a Trend for Luxury Brands

This will include other dealerships in its international network, in countries where crypto is legally allowed.

07/29/2024

Big Luxury Frets That China Is Turning Japanese

Just like post-boom Tokyo in the 1990s, the Chinese are embracing value for money and mix-and-match. That’s bad news for Europe’s fashion empires.

07/25/2024

Sotheby’s Opens New Art Space in Hong Kong

Asia is Sotheby’s second largest market globally

07/23/2024

Luxury faces a reckoning: What do Gucci, Burberry and LVMH need to do to survive?

Briefly, it looked as though the upswing was going to stick, with pundits – and papers – asking if it would ever end.

07/19/2024

BYD’s new luxury electric sedan hits showrooms to challenge Tesla and Porsche

After launching Yangwang last year, BYD’s luxury brand is already creating hype. Yangwang introduced its first vehicle, the U8 off-roader, last September.

07/19/2024

Status Drives Millennials To Spend More On Luxury Goods. Is Conspicuous Consumption Coming Back?

Underlying Millennials’ motivation for things over experiences is the status and prestige that come with them.

07/17/2024

Billionaire buyers worried about prime London purchases under Labour - claim

Analysis of LonRes data by Beauchamp Estates has looked at sales of luxury residential properties valued over £15m between January and June 2024 compared with the same period in 2023.

07/15/2024

The best family-friendly luxury hotels in New York

Nowhere comes close to the magic of a family trip to New York City.

07/15/2024

Laurene Powell Jobs buys San Francisco mansion for record $70M, just a month after splashing $94M on a Malibu property

The mansion is the most expensive home ever sold in the city.

07/12/2024

King Charles Splurges On $6.63M Luxury NYC Condo Amid Royal Rift With The Sussexes

It remains to be seen who would actually inhabit the property, as the deed mentioned Canada in an apparent purchase for the nation.

07/11/2024

Living It Up In Luxury In Las Vegas

Richard Jones enjoys a memorable stay in the entertainment capital of the world.

07/10/2024

Luxury estate agents reveal slump in sales as non-doms flee Labour's tax bombshell

This has, in turn, already reduced how much money foreign buyers are prepared to spend in the London housing market.

07/09/2024

Scorpion Property acquired by The Luxury Real Estate Co

Scorpion Property GM & partner congratulates on Dh3b achievement and announces departure

07/09/2024

Christie’s International Real Estate 2024 Global Luxury Mid-Year Outlook Offers Insights and Predictions for Luxury Real Estate

Tax regimes are having an impact worldwide, U.S. buyers are cautiously optimistic, while ultra-high-net-worth buyers remain unfazed by global economic conditions

07/09/2024

The Luxury Aerospace Trends Uplevelling Air Travel In 2024

From ultra-private jets to supersonic and sustainable air travel, the trends shaping luxury aerospace today are as dynamic as they are luxurious.

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