Optimism level among luxury industry professionals at the same level seen at the start of 2014

Luxury Industry Bullish On Outlook For 2015, Wealth-X Survey Shows The luxury industry is cautiously optimistic for the coming quarter, according to the latest Wealth-X Luxury Sentiment Survey Report released by Wealth-X. The quarterly Wealth-X Luxury Sentiment Survey polls senior-level executives from various sectors in the luxury industry. The Luxury Industry Sentiment Index (LISI) declined … Read more

Is the crisis in the Chinese luxury market temporary? It is time for us to think of the Chinese market sociologically

Since 2012, Western luxury houses have been going through a slumping phase in their most profitable market China. Gucci has closed stores in second-layer cities across China, Prada has experienced its gloomiest sales in a decade and Swiss watches are struck with the lowest increase in recent years.Moreover, Bain & Company has demonstrated in its newly … Read more

Speaking about luxury with Ilgiz Fazulzyanov – “the enamel champion”

2LUXURY2.COM says Welcome to the winner of Luxury Lifestyle Awards 2014 Russia at the category “Jewelry brand”, Moscow! Ilgiz Fazulzyanov has been on the jewelry market since 1992. He creates designs and then produces his masterpieces himself. With equal mastery he deals with wax, metal, sets gems and enamels. In fact, the matter is an … Read more

The level of optimism in the global luxury industry is on the rise. Survey

Wealth-X Luxury Sentiment Survey Report. The Luxury Industry Sentiment Index (LISI) – which gauges the level of optimism among luxury industry professionals – has registered an 8% increase since the start of the year, recovering from a slump over the past two quarters, according to The quarterly Wealth-X Luxury Sentiment Survey polls senior-level executives from … Read more

Mercedes Benz resurrecting its defunct uber-luxury Maybach brand

Maybach resurrected. Mercedes Benz has confirmed its resurecting Maybach brand which ceased production in 2012. With the name Mercedes-Maybach, the brand represented by the three-pointed star is now broadening its offering in the exclusive top segment of the market with a new sub-brand, “whose individual and prestigious exclusivity will appeal to status-conscious customers’. The new … Read more

Slower, but steady: that is the ‘new normal’ for the global luxury market in 2014. Study.

The 13th edition of the “Luxury Goods Worldwide Market Monitor” Not only will ‘Luxury 2025’ consumers be at the center of the customer experience; they will be the center of luxury itself – a critical part of the ideation, creation, and sales of luxury, says Bain & Company 2014 annual global luxury study. According to … Read more