Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Top 10 Wealth Density Countries Monaco Tops First Ultra High Net Worth Wealth Density List While 60% of the top 10 Wealth Density Countries are in Europe, a surprising 30% are located in Asia. Traditional wealth centres dominated as Monaco took top spot with 55 UHNWIs to be found per 10,000 citizens. The dominance continued … Read more
Patek Philippe Maison Opening in Shanghai A new space to share views and knowledge of fine timepieces opened its doors in Shanghai. Swiss watch company Patek Philippe inaugurated first boutique in Shanghai in 2005, now to be replaced by the first Maison Patek Philippe, and of a second Boutique in Beijing in 2008. Covering an … Read more
Hermes family acquired a 45% stake in luxury Parisian jeweller and medals manufacturer Arthus Bertrand. The company is run by the family for six generations and lives a “revolution” giving for the first time the company reins to a CEO from outside. Actually, Arthus-Bertrand opened its capital to “Guerrand – Hermes“, one of the three … Read more
First global search analysis conducted on American fashion brands American brands lagging in BRIC markets Brands such as Tory Burch and Hervé Léger do surprisingly well in China Handbag searches make up 36% of all American fashion brand searches globally, according to “The world Luxury Index: American Fashion“, an international ranking and analysis of the most searched‑for brands within the luxury industry conducted by Digital Luxury Group … Read more
Lamborghini Gallardo LP550-2 Hong Kong 20th Anniversary Edition Revealed Kingway Cars, the official Lamborghini dealership in Hong Kong specially commissioned an ultra-limited edition of Lamborghini Gallardo to celebrate Lamborghini’s 20th anniversary in Hong Kong. Similar to the Super Veloce China Edition, Gallardo LP550-2 Hong Kong 20th Anniversary Edition or HK20 for short is limited … Read more
Chopard launches first E-boutique Chopard watch and jewelry house launched first e-commerce boutique Chopard luxury Swiss watch and jewelry house is selling online to consumers, a step towards luxury e-commerce that other luxury homes hesitate to make. Developed with the primary goal of increasing brand awareness, Chopard’s first e-commerce boutique was launched in the … Read more