Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Interbrand’s 2013 Best Global Brands. The luxury sector. Despite the fact that China’s GDP growth has slowed, luxury brands performed solidly in this year’s Best Global Brands ranking by Interbrand. Seven of this year’s 100 most valuable brands hail from the luxury sector, and each increased its brand value by five percent or more. The top … Read more
The Dillon Family announced the acquisition of Chateau L’Arrosée by its neighbour, Chateau Quintus. The 2013 crop and vintage will be overseen by the Domaine Clarence Dillon and Chateau Quintus team. Chateau Quintus now comprises 28 hectares of vines. The larger entity will benefit from the knowledge already acquired at Chateau Quintus and be subject … Read more
From 12 to 15 October, the inaugural Singapore Jewellery & Gem Fair will display more than US$100 million (S$120 million) worth of fine antique pieces at its Antique Pavilion, the first such showcase in Singapore. Some of these antique pieces date back more than a century, with the oldest being a Victorian diamond tiara … Read more
The Italian luxury house Bottega Veneta opened its first Maison in the world, in the prestigious location of Via Sant’Andrea 15 in Milan. The 1000 square meters store it the largest Bottega Veneta boutique in the world so far and would offer unique and exclusive pieces unavailable elsewhere. “The store design and the approach to … Read more
What is affluence today? Money has a price, but time is priceless. The primary indicators of affluence are more subtle and harder for brands and individuals to detect, according to the newest global study from McCann Truth Central. “The Truth About Affluence” study is based on a quantitative 4,000-person online survey across 16 countries … Read more
London and Paris are Europe’s UHNW Cities. Nearly Half of Top 10 UHNW Cities Are in America. New York, Los Angeles and San Francisco are among the top 5 in Wealth-X‘s list of the world’s cities with the highest concentration of ultra high net worth (UHNW) individuals, defined as those with total net assets … Read more