Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The prestigious Perini Navi brand will allow The Italian Sea Group to expand and strengthen its positioning in the large sailing yacht segment, in which it is already strongly active. Considering the growth in demand, and the renown competences, the Perini Navi brand constitutes a significant opportunity for The Italian Sea Group. The Italian … Read more
The Concept of the ‘Second Home’ is Undergoing a Rapid Transformation. Pandemic lockdowns, dramatically reduced travel, changing work requirements—as well as a renewed focus on the value of ‘home’ – prompted many HNWIs to review their real estate priorities over the past 18 months. As a result, the concept of the ‘second home’ is undergoing … Read more
Boom Supersonic, the aerospace company building the world’s fastest and most sustainable supersonic airliner, and the founding members of its Sustainable Travel Forum reported learnings from the inaugural Net Good Summit in Lake Tahoe, USA. The Net Good Summit was an intimate, two-and-half-day gathering convening fifty aviation industry leaders, sustainability experts, and creative thinkers to … Read more
The new 3,821 square-foot salon is designed to capture the elegance and intimacy of a private estate The House of Harry Winston, the legendary “King of Diamonds,” and international luxury brand, announces the opening of its new retail salon in Milan, Italy. Located on Via Montenapoleone, one of the most prestigious and finest shopping … Read more
Global Prime Property Prices Surged in 2021 Amid Soaring Asset Prices. The state of the prime property market. Report. Even if luxury homes were purchased initially as a vacation residence, HNWIs are increasingly using these homes for primary home purposes and for longer periods of time. These are the finding of Forbes Global … Read more
More consumers are forgoing the traditional brick-and-mortar experience for the convenience and increased options that come with shopping online. This means every brand needs to maximize its presence online with effective digital marketing strategies. In particular, luxury brands need individualized yet data-driven strategies to keep themselves at the front of the pack. To stay ahead … Read more