Search Results for: Shanghai

World’s super rich keep buying up luxury goods in face of wealth decline

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Sales of super-yachts rose 40% last year despite number of millionaires and ultra rich falling, according to wealth report

Progressive cuisine: Thailand’s Gaggan named best restaurant in Asia for second year in a row

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Gaggan in Bangkok has claimed the top spot in the list of Asia’s 50 Best Restaurants for a second consecutive year. Asia’s 50 Best Restaurants revealed the 2016 list at an awards ceremony at the W Hotel in Bangkok, Thailand. One of the Classic dishes at Gaggan is “Who Killed the Goat?” – free-Range Lamb … Read more

Top tipple: rare whisky outperforms wine and gold as 2015 investment

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Leading index for scotch whisky rose 14% last year, while wine fell 0.4%, gold was down 10% and FTSE 100 index lost 4.9%

Despite persistent challenges in China, all hope is not lost for luxury brands, says study

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Mainland China’s luxury spending continued its decline in 2015, however, emerging signs signal a reversal in 2016. Increased international tourism, and growing comfort and trust in some business-to-consumer (B2C) overseas websites among China’s shoppers stimulated overseas purchases in 2015, according to Bain & Company‘s 2015 China Luxury Market Study. Bain & Company’s 2015 study finds … Read more

Richard Branson fronts nail-biting campaign against rhino poaching

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Adverts featuring the Virgin founder and Chinese celebrities highlight that the keratin found in rhino horn has no more health benefits than chewing your own fingernails