Business – Page 276

LVMH’s La Samaritaine Paris to resume ambitious restoration project

Jun 24, 2015

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The French officials definitively approved the building permit for the renovation of famous Parisian La Samaritaine building located on rue de Rivoli. La Samaritaine, a much-loved iconic edifice situated in the heart of Paris, was created in 1870. La Samaritaine was bought in 2001 by LVMH, the luxury-goods company that had just previously purchased Le…

Multifaceted investment opportunities: 2015 Investing Trends

Jun 23, 2015

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Editorial Team

in Business

Opportunities for wealth creation: First-hand investment perspectives. Big fans of properties and luxury goods, the extra 5,200 ultra high-net-worth individuals (UHNWIs) gained last year on an international scale, translates into plans to buy more high-end items and uber-investments. Political and economic fluctuations, growing wealth in emerging markets and the sophistication of clients intervene in the…

“Several key aspects of the luxury sector will be unrecognizable in the next few years”

Jun 11, 2015

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Editorial Team

in Business

Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to the 2nd annual Global Powers of Luxury Goods report issued by Deloitte Touche Tohmatsu Limited (DTTL). The report provides an outlook on the global economy; an analysis of merger and acquisition activity in the…

The Caribbean luxury real estate market – an investment opportunity for UHNW, says report

Jun 11, 2015

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by

Editorial Team

in Business, Real Estate

Focus on the Caribbean. The Caribbean is an exciting and dynamic region that provides an attractive investment opportunity for UHNW individuals. The Caribbean ultra high net worth (UHNW) population increased by 2.1% last year on the strength of a resurgent regional economy and attractive luxury real estate property markets, which saw sales rising by over 11% globally,…