Burberry shares drop as sales in Hong Kong continue to fall
Luxury fashion house suffers further dips from lucrative markets in east Asian city and region as tourism from mainland China drops
Luxury fashion house suffers further dips from lucrative markets in east Asian city and region as tourism from mainland China drops
‘Trophy’ has become the new buzz-word in luxury real estate. More properties than ever before were sold and listed for sale at US$100 million or higher in 2014, says the new study by Christie’s International Real Estate — the world’s leading luxury residential network and the real estate arm of Christie’s art house. As the … Read more
This study is not a biography of Gabrielle Chanel, whose life story everyone has probably read about in different places. Rather, it is an account of how an intuitive brand manager brilliantly wielded the resources at her disposal in line with the social, cultural, ideological,and philosophical norms at that particular time, whether intentionally or not, … Read more
New private bus service Leap boasts spacious seating, a general air of calm cleanliness and a steward serving coffee, cold-pressed juices and granola bars. With tickets costing almost three times as much as the regular bus, is it a welcome new addition to the marketplace or a step towards two-tier transit?
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
It’s little wonder that the world’s most affluent property buyers are attracted to London and Monaco. The cities’ property markets are like two peas in a pod, with very similar attractions, prices and buyer profiles. Each city has its own ultra-prime areas, plush enclaves with a feel very different to the rest of Monaco or … Read more