Let the races begin: The Louis Vuitton Cup held July 4 – August 30, 2013, will determine the challenger in the America’s Cup. Like the seven previous regattas, the 8th Louis Vuitton Cup, a yachting competition connected with the America’s Cup, offers an element of surprise. The three competing teams, Artemis Racing, Emirates Team New … Read more
73.6m megayacht Pegas was originally designed as a research vessel except the owner was determined she also had to have all the luxuries normally reserved for only the world’s very best superyachts. Designed to meet the requirements of an accomplished diver owner and for the ultimate in luxury world cruising, PEGASO was born at the … Read more
Top Billionaire Island Owners. Lawrence Ellison, co-founder and CEO of technology giant Oracle, the French luxury business titan Bernard Arnault, and Google CEO Larry Page are the top wealthiest owners of luxury islands valued at US$10 million and above, according to Wealth-X “Top Billionaire Island Owners.” All of the top five billionaire hail from … Read more
“Wanda’s acquisition of Sunseeker is strategic.” Although the private yachting market is in its early stages in China, this industry is growing rapidly. China’s consumption has been growing, with an exceptionally strong appetite in the luxury market. In 2012 China surpassed Japan as the world’s largest luxury market and by 2015 McKinsey & Co. predicts … Read more
Asia’s jewellery industry is full of thriving and innovative businesses and individuals with diverse talents. JNA Awards 2013 serves as a testament to the fact that Asia’s jewellery industry celebrates outstanding performance and achievements of enterprises in the jewellery industry. The following individuals and companies have been shortlisted as Honourees for the JNA Awards … Read more
Sharks ecotourism could double in next two decades. According to a new global analysis led by researchers at the University of British Columbia and quoted by The Pew Charitable Trusts (PEW), shark watching is a major economic driver for dozens of countries, generating $314 million annually. Citing the study’s projections that shark-related tourism could more … Read more