Is the crisis in the Chinese luxury market temporary? It is time for us to think of the Chinese market sociologically

Since 2012, Western luxury houses have been going through a slumping phase in their most profitable market China. Gucci has closed stores in second-layer cities across China, Prada has experienced its gloomiest sales in a decade and Swiss watches are struck with the lowest increase in recent years.Moreover, Bain & Company has demonstrated in its newly … Read more

The top 6 most luxurious residential areas in London and Monaco

It’s little wonder that the world’s most affluent property buyers are attracted to London and Monaco. The cities’ property markets are like two peas in a pod, with very similar attractions, prices and buyer profiles. Each city has its own ultra-prime areas, plush enclaves with a feel very different to the rest of Monaco or … Read more

How Monet became blue chip: the language of wealthy art buyers

Painting of the Grand Canal expected to fetch up to £30m, amid surging interest from super-rich in Asia and Middle East

The Most Expensive and Luxurious Skincare Creams

  While there are countless skin care products to choose from that range from the really affordable to the extravagantly expensive, there are certain products that stand out as being just as effective as their price tag is high. Check out the most expensive and the most luxurious skin care creams below to see which … Read more

Sales of printed books fall by more than £150m in five years

New figures from Nielsen BookScan show continuing decline since 2009 as more and more readers migrate to ebooks