Search results for: “art market”
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2015 results confirm the capacity for LVMH to gain market share despite economic uncertainty
LVMH Moët Hennessy Louis Vuitton luxury group announced “Excellent Performance” in 2015, record revenue and operating profit. In an uncertain economic environment, the giant luxury conglomerate can rely on the desirability of its brands and the agility of their teams to further strengthen in 2016 the leadership in the world of high quality products. The…
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HTC Poised to join the Smartwatch War in April
While many may have sighed at the news that Apple was postponing the release of its second generation smartwatch, this offered us some invaluable insight into a new and increasingly well-populated marketplace. More specifically, it told us that Apple was becoming increasingly concerned about the level of competition in the market, forcing the brand to…
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London prime shop rents leap 9% in last quarter of 2015
Luxury retailers battle for prime central sites in trend towards operating fewer but more high-profile stores
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Christie’s maintains global leadership Position in the art business
30% of all buyers were new with many initiating activity through digital art sales (20%). Christie’s, the world’s leading art business, entered its 250th year, by announcing a total of £4.8 billion / $7.4 billion in sales for the last twelve months. 2015 sales were down 5% (by£) for the same period in 2014. The…
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The Most Unique Dining Experiences for Superyacht Charter’s
Travel prises opens the possibility of the world like a pearl in your hand. From mesmerizing sights to moments you won’t forget, all of your senses can spark to life and one of these senses has to be taste. With amazing journeys comes amazing tastes and for megayacht adventurers, there can be nothing more rewarding…
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Currency fluctuations and globe-trotters boost the personal luxury goods market, but real growth slows, says study
The worldwide luxury industry surpassed €1 trillion in retail sales value in 2015 and delivered healthy growth of 5% year over year (at constant exchange rates), driven primarily by luxury cars (8%), luxury hospitality (7%) and fine arts (6%), according to the 14th edition of the Bain Luxury Study, published by Bain & Company for…