Global High Net Worth Population Increases Slightly as Their Investable Wealth Declines Asia-Pacific becomes region with the most HNWIs, while North America retains the most HNWI wealth Asia-Pacific surpasses all regions with the largest HNWI population, while North America retains the most HNWI wealth, finds Pacific, Capgemini and RBC Wealth Management’s “World Wealth Report“, a … Read more
Christie’s auctions 76.02 carat Archduke Joseph diamond Archduke Joseph gem to fetch at least $15m at Christie’s auction Archduke Joseph, undoubtedly one of the rarest and most famous diamonds in the world, will be offered at a Christie’s auction in Geneva on 13 November 2012, with an expected price of more than $15 million/ 11.6 … Read more
Vertu Constellation Blue Vertu, the leading manufacturer of luxury mobile phones, handmade in the UK, and the Italian design company Italia Independent celebrated the launch of the new collection designed with Lapo Elkann, style icon and entrepreneur, president of LA Holding, Italia Independent and Independent Ideas. Blue has become the very soul of this … Read more
Global Tablet Market Revenues to Reach $40.4 billion in 2012, $181.5 billion by 2018 Once high-end and luxury consumer devices, tablets are expanding quickly. Apple’s rise to dominance in the tablet market has been slowly eroded by cheaper, more mainstream competitor brands with similar tablets sold at a significantly lower price points. As a result … Read more
Luxury Brands Move into Chinese E-Commerce Space Salvatore Ferragamo is the latest luxury brand to move into Chinese E-Commerce following moves by other retailers such as Net-A-Porter, Yoox, Zara, Armani, and Coach. Luxury house’s sales in China grew 36% first quarter of 2012.In 2011, online retail generated about $121 billion in sales. Ferragamo‘s online retail … Read more
Specialty Retail 2012: Mobile and Amazon are reshaping retail. M-commerce is the fastest growing channel in the history of commerce Digital IQ Index: Specialty Retail 2012: E-commerce is now M-commerce L2, a think tank for digital innovation, released its third annual Digital IQ Index: Specialty Retail. The report benchmarks the digital competence of 76 global … Read more