Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Ritz-Carlton x Late Checkout: The Unexpected Fashion Fusion You Didn’t Know You Needed

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Luxury hotels dipping their toes into fashion isn’t entirely new—but The Ritz-Carlton’s bold partnership with Madrid’s irreverent menswear brand, Late Checkout, signals a surprising twist in the world of high-end collaborations. The Late Checkout: A Ritz-Carlton Story collection is a daring, playful foray into a world where tailored jackets, hotel-inspired aesthetics, and sartorial cheekiness collide … Read more

Can Luxury Goods Really Predict a Recession? The Hermès Handbag Economic Index Explained

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Imagine this: You’re perusing the glittering windows of a luxury mall, casually eyeing the new $10,000 Hermès handbag. Little do you know, that handbag might hold more than just your designer sunglasses and wallet—it could also be a secret indicator of whether we’re on the brink of an economic recession. Some experts say that what … Read more

Hermès and Louis Vuitton: The Crystal Balls of Economic Trends (and Why the Middle Class Keeps Them Spinning)

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It’s no secret that luxury brands like Hermès and Louis Vuitton make a killing selling extravagant handbags, $1,200 sneakers, and accessories with price tags that make the average person gasp. But did you know that these high-end labels can also predict economic trends? Yes, those iconic monogrammed Louis Vuitton bags and Birkin handbags may be … Read more

Millionaire Exodus: Where Are the World’s Wealthy Migrating to and From in 2024?

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Millionaires on the Move. In a world where wealth whispers, millionaires are packing their bags and shifting their fortunes across borders in unprecedented numbers. According to the Henley Private Wealth Migration Report 2024, this year is set to break records with an astonishing 128,000 high-net-worth individuals (HNWIs) expected to relocate globally. But where are they … Read more

Phenom 100 for Sale: What to Consider When Buying This Versatile Light Jet

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The Embraer Phenom 100 has carved a niche for itself in the realm of light jets, offering an exceptional blend of performance, comfort, and efficiency. As a private aviation professional, I’ve observed how this jet has become a popular choice for those seeking an entry-level aircraft that doesn’t compromise on quality or capability. If you’re … Read more

How to Choose the Best Superyacht Broker

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Selecting the right superyacht broker can feel daunting, particularly for those new to buying or selling yachts. The process involves finding a broker with the right expertise, network, and understanding of the market to guide you through the complexities of a superyacht transaction. A knowledgeable broker not only helps you navigate legal and financial aspects … Read more