London is the wild west of the global property market – and it needs a sheriff
We must legislate to curb the overseas tycoons buying up apartments and leaving them empty
Business
Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
A Look at Wealth: Three emerging archetypes behind shifting luxury home buying trends and lifestyle preferences
Three archetypes with a major impact on the luxury real estate landscape in 2020-2021. Coldwell Banker Real Estate gathered the most current wealth research generated by WealthEngine, Wealth-X, and other third-party sources and combined it with anecdotal evidence from Coldwell Banker Global Luxury Property Specialists in the field to identify three archetypes that are … Read more
Every brand can have its fair share of the global wellness cake. Report
No longer a luxury sector of spas, yoga and detox diets, the global wellness economy is worth US$4.5 trillion and is growing twice as fast as the rest of the economy. Consumers expect every brand to contribute to their wellness. And 59% agree it’s worth paying more for wellness options. Ogilvy surveyed 7,000 consumers … Read more
The Covid effect: Luxury brands took a hit with all but one brand value falling between 1-9%
The 2020 Best Global Brands ranking also saw the ‘Covid effect’. These are the brands that have fared best in 2020 Best Global Brands ranking. These brands, says Interbrand, can help us lift our heads, make sense of chaos, and see beyond it. Amid a global pandemic with its significant impact on business … Read more
Luxury Brands Benefit from a Healthy and Thriving Luxury Secondhand Market. Survey
A Thriving Luxury Secondhand Market Drives Sustainable Consumption. The Consumers Behind Fashion’s Growing Secondhand Market Survey Sustainability, one of the ways luxury brands can benefit from the growing resale market, says a new survey by Vestiaire Collective x BCG. Vestiaire Collective, the leading global community platform for desirable preowned fashion, and Boston Consulting … Read more
LVMH held the digital Demo Day for its business incubator’s, La Maison des Startups
La Maison des Startups LVMH holds its Demo Day in a 100% digital format. Created in 2018 within Station F, the world’s largest startup campus, La Maison des Startups LVMH embodies the luxury Group’s objective to work closely with the entrepreneurial ecosystem in order to stimulate innovation across its high-end Maisons and shape … Read more