Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Euromonitor International, one of the leading providers of global business intelligence and strategic market analysis, has recently published a new report about beauty and personal care in Romania. According to the report, the Romanian beauty and personal care market continued to grow in 2010 reaching a value of RON 3,940.5 million, although at a slower … Read more
What Wealthy Women Really Want Both the amount of wealth controlled by women and the rate at which it is increasing are surprising — 95% of women will be their family’s primary financial decision maker at some point in their lives, says the Family Wealth Advisors Council, a network of independent wealth advisers in their … Read more
European Commission to promote luxury goods European luxury sector – “a key driver of sustainable growth” The European Cultural and Creative Industries Alliance (ECCIA) has welcomed a proposal by the European Commission to support the European luxury fashion industry. The European Cultural and Creative Industries Alliance is composed of the five major European luxury goods … Read more
Luxury Brands Status Index for Japanese and Chinese shoppers European luxury brands are warmly received by wealthy shoppers throughout Asia. These are the findings of the new Luxury Institute‘s Luxury Brands Status Index surveys. The report offers the rankings of dozens of luxury brands by high net-worth consumers from Japan and China. Respondents were 21 … Read more
The anti-thesis of exclusivity. How The Uncertain Economy Is Changing The Definition Of Luxury Luxury has taken on a multitude of new meanings. The last three recession years have created a dramatic shift in the definition of what luxury is. “Now luxury means products with higher perceived value and increased practicality. Demonstrating this is the … Read more
L2’s inaugural study of European fashion brands reveals that the digital competence of the continent’s niche fashion brands lags that of their larger, more established global fashion peers. The ranking measures the digital aptitude of 46 European niche fashion brands with annual turnover between €25 million and €250 million. Brands were measured on 350 data … Read more