The cost of living in luxury and wealth creation in Asia. Study

Some highlights of the Julius Baer Lifestyle Index 2015. Despite its maturing economy, China’s HNWI wealth is expected to increase to USD 8,249.6 billion in 2020, trebling the 2010 figure and making it one of the biggest wealth creation engines in the Asia region, says the 5th JULIUS BAER WEALTH REPORT: ASIA. China’s HNWI wealth … Read more

5 of the UK’s Most Luxurious and Expensive Houses

There are some incredible properties in this world and they generally come with an inordinate amount of amenities like squash courts, gyms, six, swimming pools, saunas and an endless amount of bathrooms. While it may be nice to pretend that most of us could live in these places, but just chose not to, the reality … Read more

Estee Lauder invests in one of Korea’s most promising high-growth skin care brands

Estee Lauder invests in Korean beauty brand Dr. Jart+. Global consumers look to Korea as a trendsetting market in beauty, and the Dr. Jart+ brand is part of the reason why. The Estée Lauder Companies announced that it has signed an agreement to purchase an interest in Have & Be Co., the South Korean company … Read more

Kering luxury group announces healthy performances, powered by tourist shoppers in Western Europe and Japan

Kering’s third-quarter 2015 revenue published last week shows sustained 15% growth in the first nine months. Kering posted revenue of €2,895 million in the third quarter of 2015, up 12.0% on the third quarter of 2014 as reported and up 3.1% on a comparable Group structure and exchange rate basis, in line with the 2015 … Read more

Switzerland builds first QUANT City where small series of the QUANT sports cars will go in production

“We have the potential to create the most innovative, sustainable and enduring energy technologies in the world.” The QUANT City, a new research and development centre for flow cell technology, will be built in Tenero in Switzerland, announced Nunzio La Vecchia‘s team from nanoResearch, the company pursuing a revolution in energy storage with the NanoFlowcell … Read more

Above par: why luxury golf buggies are taking to the road

Thousands of pounds are being spent customising golf carts, which are fast becoming the vehicle of choice for the elderly and middle-aged – and not just on the putting green