Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Tiffany to Open a Store in Moscow Tiffany & Co. announced plans to open a two-level store in Moscow’s GUM department store, the city’s premier destination for luxury shopping and a center for art and culture, located in Red Square. At approximately 420 square meters, it is the jeweler’s first wholly owned retail business in … Read more
U.S. home prices see strong gains in the first quarter of 2013, according to the S&P/Case-Shiller Home Price Indices. The leading measure of U.S. home prices, showed that all three composites posted double-digit annual increases. The 10 -City and 20-City Composites increased by 10.3% and 10.9% in the year to March with the national composite … Read more
Muslim tourism market potential. Muslim tourists may very well be the largest un-tapped niche market of the tourism Industry, according to Global Muslim Lifestyle Travel Market: Landscape & Consumer Needs Study’ compiled by DinarStandard, a US based marketing research & advisory firm focused on the Muslim markets. By 2020, 14 percent of all international trips … Read more
Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more
China’s wealthiest women reflect the reality of China’s real estate market. The combined wealth of the top 15 wealthiest women in China exceeds US$30 billion, with real estate wealth dominating China’s female billionaires top compiled by Wealth-X. The wealthiest female billionaire in China, Huiyan Yang, vice chairman of Country Garden, is the youngest on the … Read more
World’s largest economies in 2020: Euromonitor International’s forecast In 2020, emerging markets will dominate the top five largest economies (China, USA, India, Japan and Russia), acording to Euromonitor International‘s analyst insight “Forecast: WORLD’S LARGEST ECONOMIES IN 2020”. The most symbolic shift will be when China overtakes the USA as the largest economy globally, say the authors of the … Read more