The average spending of China’s high net worth individuals decreased by 15%

  Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more

Chinese boating industry statistics

  The total value of import/export trade across China’s borders in the yacht and leisure boat market grew by 25.7 per cent over the last year to US$476m. According to new statistics, exports accounted for US$258m – an increase of 24.1 per cent – while imports grew by 24.1 per cent to US $218m. Like … Read more

Tralala – Meadham Kirchhoff & Penhaligon’s fragrant relationship expanded

Meadham Kirchhoff & Penhaligon’s collaborate on Tralala fragrance. The fantastical creative universe of Anglo-French fashion design duo Edward Meadham and Benjamin Kirchhoff inspired a new collaboration with classic British perfume house Penhaligon’s. Multi-faceted as their fashion creations, Meadham Kirchhoff fragrance was created by Master perfumer Bertrand Duchaufour after spending time at the designers’ East London … Read more

Investors allocating more capital to real estate today but focusing on specific cities

Real Estate Investment – A major factor in city success. According to research by Jones Lang LaSalle, with real estate investment levels reaching a new high of an estimated ten dollars chasing each dollar of prime assets, real estate is no longer considered a consequence of city success, but is now actively employed to drive … Read more

2014 Forbes Travel Guide confirming an uptick in investment in the luxury hotel industry

Forbes Travel Guide’s Ratings: Luxury Brands Continue to Shine. Forbes Travel Guide unveiled its 56th list of Star Rating recipients worldwide, including 15 new Five-Star hotels, 16 new Five-Star restaurants and five new Five-Star spas. The total number of Five-Star hotels now numbers 97 worldwide, the most in Forbes Travel Guide’s history. This year’s list … Read more

Poltrona Frau at 2014 imm Cologne Design Village

  An atmosphere inspired by the great Italian designer and architect Gio Ponti, strongly recalling the late 1960’s, filled the Poltrona Frau‘s space at 2014 Cologne Design Week. Gio Ponti designed the Dezza armchair for Poltrona Frau in 1965. Products from the new collection come in the colours of the Ponti tradition, evoking a Mediterranean atmosphere. … Read more