In an attempt to find growth, the companies are, again, turning to multichannel, believing that when channels coordinate, the whole is greater than the sum of its parts. Although e-commerce continues to register double-digital growth year-over-year, online sales have not matched the hype and vision evangelized over the last 15 years. In the same vein, … Read more
Arguably the most underrated and misunderstood spirit; tequila shots in a bar with salt and lemon, are becoming a thing of the past. Today’s tequila market offers an array of refined luxury products best savoured by themselves or on ice. Think: Fancy cocktail party toast…An addition to the finest spirits in your collection…A memorable gift … Read more
Tiffany to Open a Store in Moscow Tiffany & Co. announced plans to open a two-level store in Moscow’s GUM department store, the city’s premier destination for luxury shopping and a center for art and culture, located in Red Square. At approximately 420 square meters, it is the jeweler’s first wholly owned retail business in … Read more
The most popular form of vacationing among affluent holidaymakers: US According to the biennial study Resonance Report 2013, in good times and bad, the desirability of leisure never wanes for affluent American households. Leisure is an unwavering, trend-proof, recession-resilient status symbol. What shifts is the choice of travel companion, destination and experience. The Resonance Report … Read more
China’s wealthiest women reflect the reality of China’s real estate market. The combined wealth of the top 15 wealthiest women in China exceeds US$30 billion, with real estate wealth dominating China’s female billionaires top compiled by Wealth-X. The wealthiest female billionaire in China, Huiyan Yang, vice chairman of Country Garden, is the youngest on the … Read more
French wines triumphed at 2013 Concours Mondial de Bruxelles, the international wine contest held this year in Slovakia, the 1st Central European country to host one of the world’s top five wine competitions. The competition has revealed critical insight into the latest trends within the world of wine, providing a snapshot of the global industry that … Read more