Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Rising asking prices and heavy foot traffic in Manhattan’s high profile shopping corridors make the Manhattan retail real estate sector one of New York City‘s most robust, according to The Real Estate Board of New York’s (REBNY’s) Spring 2013 Retail Report, a report compiling data about asking rents for available space provided by a broad … Read more
Luxury revenues grew by 10 percent in 2012 (at current exchange rates), given the strong growth tailwinds present in the first half of last year, according to Bain & Company, the leading advisor to the global luxury goods industry, in the Spring 2013 update to its “Luxury Goods Worldwide Market Study”. All growth estimates for … Read more
Sean Davoren, the Savoy’s Head Butler, and Professor David Foskett, MBE, CMA, Head of the School of Hospitality and Tourism at the University of West London, are the co-authors of the first official textbook on butlering and lifestyle management to be published next spring. “The global demand for butlers and lifestyle managers has grown rapidly … Read more
FENDI luxury house announced a new state-of-the-art project in the Middle East, proving that the real estate market in Dubai is again performing strongly, especially in the high-end sector. The luxury global brand will provide interior designs for DAMAC Properties, the largest private developer of luxury real estate in the Middle East. The two companies … Read more