Conscious Consumption, rather than Conspicuous Brands. Consumers distrust the term luxury, says report

This is the ‘luxury drought” The conventional wisdom is that as people feel wealthier, they tend to spend more money on consumer goods and services. But today a reverse wealth effect is taking hold, according to a report from Unity Marketing entitled Marketing in New Luxury Style in 2015: What Affluents Buy, How They Spend, … Read more

First world war centenary boosts 2014 UK tourism figures

Scotland’s attractions receive 10% visitor increase after Commonwealth Games while Tower of London’s poppies installation attracted five million alone

The 30th annual Palm Beach International Boat Show – one of the top five U.S. boat shows

The Annual Palm Beach International Boat Show (March 26 – 29, 2015) is one of the top five boat shows in U.S. The most prominent winter residence for the wealthy attracts serious buyers and sellers of the yachting lifestyle at the 30th annual Palm Beach International Boat Show, taking place along the waterfront facing posh … Read more

Top richest F1 drivers of all time

The Top TEN Wealthiest Formula One Drivers Of All Time, revealed by Wealth-X. Seven-time world champion Michael Schumacher has an estimated net worth of US$780 million, according to Wealth-X list of the top 10 richest F1 drivers of all time, which includes active and retired race car drivers. Schumacher’s wealth represents 43% of the combined net … Read more

Feeling like you’re floating on air: Award-winning Andrew Winch-designed Cloud 9 superyacht

This year’s Top Marques Monaco show will be an occasion to experience a feeling of well-being & euphoria aboard the spectacular 60 metre motor yacht CLOUD 9, on display at superyacht specialist Burgess. Winner of the 2010 ShowBoats Design Award for Exterior Design and Styling, CLOUD 9 was created by celebrated superyacht designer Andrew Winch. … Read more

The art market reached its highest ever record level of sales

This year’s TEFAF Art Market Report shows that in 2014 the global art market reached its highest ever-recorded level, a total of just over €51 billion worldwide, a 7% year-on-year increase taking it above the 2007 pre-recession level of €48 billion. The TEFAF Art Market Report 2015 is a wide ranging report that examines the global … Read more