Luxury shoppers are bucking the trend in retail: visiting the mall more often and spending more money in each visit than the average shopper. They’re in malls because they know they can find the most variety and enjoy spending time there, according to Eye’s survey, one of the US leading mall media provider, that has … Read more
Two-Thirds Of UK Top 15 Are Non-Doms Alisher Burkhanovich Usmanov is the richest individual in the United Kingdom, according to the top released by Wealth-X, the global ultra high net worth individuals (UHNW) prospecting, intelligence and wealth due diligence firm. Alisher Burkhanovich Usmanov, whose stable of companies and investments range from Metalloinvest to MegaFon and … Read more
Global luxury market: Experiential luxury makes up almost 55 percent of total luxury spending worldwide Experiences make luxury shoppers around the globe feel pampered. Experiences are in great demand. Yearly sales of deluxe experiences — from art auctions to spas to safaris — are growing 50 Percent faster than sales of high-end goods, says new report from The … Read more
New L2 Study Ranks Digital Competence of Over 100 Iconic Brands in Brazil, Russia, and India L’Occitane ranks #1 in both Brazil and Russia, and Westin Hotels & Resorts leads in India in the new L2 Digital IQ Index: Brazil Russia India. The Index, the first study of its kind, measures the aptitude of over … Read more
Travel Spend Climbs to pre-recession levels according to Visa Insights Brazil proves to be a big contributor to the global tourism economy, increasing outbound spend by 32 percent, according to Visa’s 2011 Travel Snapshot. The research highlights key spend insights from Visa account holders traveling to and from the United States, Canada, Mexico and Brazil. … Read more
America’s Millionaire Population Grows by 200,000 The number of millionaire households in the U.S. has increased for the third consecutive year, but remains below the pre-recession high of 9.2 million in 2007, according to the 2012 Affluent Market Insights released by Millionaire Corner. US millionaire population rose by 200,000 to 8.2 million in 2011, up significantly from … Read more