Search results for: “art market”
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Earth-friendly luxury from Fisker Karma hybrid car
A Maserati for the upscale green set Karma, world’s first high-performance hybrid luxury sedan, was unveiled at Consumer Electronics Show in Las Vegas last week. The eye-catching Karma designed in California and built in Finland is billed as the world’s first luxury electric vehicle with range extended by a gasoline engine that, when switched on,…
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Bentley sales surged on the back of China and the United States, the world’s two biggest auto markets
Luxury carmaker Bentley sales surge in 2011 Bentley sales surged last year on the back of strong performances in China and the United States, the world’s two biggest auto markets.Total sales of the German-owned British luxury carmaker soared 37 percent to 7,003 vehicles last year, said Volkswagen’s upmarket British-based division in a results statement. Bentley,…
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Luxury menswear market growing at a rate almost double that of womenswear
The luxury menswear market has been growing at a rate almost double that of womenswear, say the recent figures from global consultants Bain & Co. The men’s luxury fashion market (40% of the global market) is growing at about 14 percent a year, while luxury womenswear is growing by a mere 8 percent. This change…
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Fairmont set to open five hotel projects in key international markets next year
Luxury Hotel Brand Set to Add More Than 1,300 Rooms Around the World in 2012 Fairmont Hotels & Resorts plans to open a number of new and celebrated properties in 2012. Headlining Fairmont’s robust schedule of 2012 openings, which will see the brand debut in several new global markets, are Fairmont Jaipur in India, Fairmont…
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China could become Club Med’s second largest market
Club Med announces the opening of 4-Trident Resort, a Club Med Resort in Guilin, China’s prime tourist destination Club Med has decided to strengthen its presence in upscale resorts in China by opening five locations between now and 2015. Currently a Relais & Châteaux site, the second Club Med Resort in China will open in…
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Picasso takes lead in biggest auction art sales
Picasso takes lead in big New York art sales Christie’s and Sotheby‘s hold their big autumn art sales in New York starting next week, with both houses looking to to excite a robust market. The prominence of important works by Picasso, Matisse and other modern masters in the impressionist and modern art sales at Christie’s…