Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Consumers felt entitled to buy luxury again. Top 10 luxury brands The value of top 10 luxury-goods brands surged 16 percent to $111 billion, according to the 2014 BrandZ study published by research company Millward Brown. The luxury category brand value rose 16 percent, following a 6 percent rise a year ago.The strong performance illustrates both … Read more
Richard Branson’s Virgin Galactic is a step nearer to make space tourism a reality. The company announced it is going through the final stages of proving its space vehicles for commercial service. Virgin Group and Abu Dhabi’s aabar Investments PJS, and Spaceport America announced that they have signed a joint agreement with the Federal Aviation … Read more
Affluent consumers are more likely to purchase a lifestyle property now than they were five years ago. “If the top wishes of wealthy Americans could be expressed in a single dream home, it would be a “lifestyle property” on the waterfront with a multicar collector’s garage, which they designed themselves,” says the just-released Sotheby’s International … Read more
Broadband providers fear impact of action by Richemont, which seeks to equate trademark and copyright infringement
Protecting online activity is a lucrative industry, and the tools which can keep your data safe increasingly come at a price
The enigmatic philanthropist leaves $100 in envelopes in San Francisco as a social experiment in the redistribution of wealth – and has urged those who find the money to pass it on