The global luxury market confirmed this year the moderate growth rate associated with the ‘new normal’ era, mainly driven by Asian buyers. “The luxury customer is present and increasingly active, dramatically rewriting the rulebook of the industry. Brands will need to pivot to a new model to respond to customers’ needs when it comes … Read more
Technology is moving way faster than we can imagine. We have seen a lot of developments in the last year from robotic machines that are making our day to day life and business easier to machines making the health industry a whole lot easy and new. There is so much to look at … Read more
The water sports market has remained stable in 2019. In spite of increasing uncertainty due to maritime trade disputes and protectionism, the EU Commission is continuing to forecast GDP growth of 1.2% in the eurozone, while the forecast for 2020 has been reduced slightly to 1.4%, because of the slower growth anticipated during … Read more
Fifth annual World’s Best Private Banks Awards for 2020 announced its winners. Global Finance Named The World’s Best Private Banks 2020. The winners are those banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth. The winners are not always the biggest institutions, … Read more
Floating cities, wooden bikes, smart glasses: how did trend forecasters fare?
According to a recent study by PricewaterhouseCoopers and UBS, companies that are helmed by billionaires are almost twice as successful as those that aren’t. As a matter of fact, companies that were controlled by non-Billionaires had a 9.1% market return, versus 17.8% for those controlled by one. According to the same study, … Read more