Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The beauty, fine wines and spirits, and fine food segments all grew, reflecting a redirection of luxury spending away from goods and toward personal pampering and experiences. Last 12 months, the luxury consumption shifted away from goods and toward experiences such as travel and gastronomy, which grew faster than luxury goods by at least 5 … Read more
London, New York and Tokyo Top List of World’s Leading Luxury Real Estate Markets. 10% of UHNW individuals own five properties or more, according to The 2017 Global Property Handbook unveiled by Wealth-X, Warburg and Barnes. The handbook detailing real estate investment habits of the world’s wealthiest people cites Cuba as a top emerging luxury … Read more
Influencers have a substantial effect compared to traditional advertisements. Predictions to Guide the New Luxury Digital Strategy. The 2017 roadmap for where influencer marketing is headed. The luxury consumers’ journey is in a round-the-clock state of transformation, constantly in the process of becoming something else. It is change that allows new opportunities to reveal themselves … Read more
Benedetta Bruzziches, MORE, Delfina Delettrez, Frantoio Muraglia, LOVEThESIGN, Evo Yachts and Venissa are the winners of the second edition of the Altagamma Foundation award. The “EMERGING BRANDS AWARD – Believing in the Future” supports emerging Italian cultural and creative businesses in the various sectors represented by the Italian luxury body. The Award also aims to … Read more
Shoppers travel from all regions of the world to stock up on luxury goods as sterling’s fall makes money go further
Tiffany Appoints Reed Krakoff to the Newly Created Role of Chief Artistic Officer. In 2016, designer Reed Krakoff served as a creative collaborator for Tiffany with the re-launch of a luxury accessories collection, which the jewelry house anticipates will debut for Holiday 2017. Now, Tiffany & Co., the internationally renowned jeweler founded in New York in … Read more