Luxury shoppers visit the mall 25% more times than the average shopper

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

United Kingdom’s 15 richest individuals. Alisher Burkhanovich Usmanov at the top of the list

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 to shift toward experiential luxury

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

L’Occitane and Westin Hotels are digital geniuses in emerging markets

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