Search Results for: luxury market

The pulse of a new generation: Mario Götze and Benedikt Höwedes – the new Mercedes-Benz brand ambassadors

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As perfect complement to the current Mercedes-Benz brand ambassadors in the football world – Joachim Löw, Oliver Bierhoff and Franz Beckenbauer, the new brand representatives the German national soccer team players Benedikt Höwedes and 19-year-old Borussia Dortmund midfielder Mario Götze were introduced last month as new ambassadors of the automotive brand. While financial terms were not released, … Read more

How many square metres will $1M buy you?

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The Most Expensive Real-Estate in the World The Wealth Report 2012: The annual update on prime property and wealth The map of the latest concentrations of global mega-wealth drawn by Knight Frank’s “The Wealth Report 2012” reveals that the momentum is undeniably with the world’s emerging economies. However, when it comes to choosing a home, … Read more

China has a fixation with red wine

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91 percent of the wine drunk in China is red wine, according to a survey produced for May’s Vinexpo Asia-Pacific trade fair — the largest wine industry event in the region. Red wine surpassed traditional Chinese liquor as the most popular alcoholic drink in China last year, according to the Ipsos research group. Country’s taste … Read more

Ferretti landing in China with the latest Custom Line 112 superyacht

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Villa on the sea: Ferretti launches latest Custom Line 112 superyacht for Chinese owners Ferretti announces the launching of the Custom Line 112’ Next, a 34 metre vessel in the planing category and the twenty-eighth model of the 112 inch models. The launching of the maxi yacht owned by the Chinese real estate company Xanadu South … Read more

Prada 2011 net profit beating forecasts

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  Italian fashion house Prada reported a 2011 net profit of 431.9 million euros beating a Thomson Reuters forecast of 415.83 million euros, annouced reuters. Prada posted a 72 percent rise in full-year net profit. Prada’s shares listed in Hong Kong have gained 41 percent since the start of 2012. Milan-based Prada is seen as … Read more

Consumer Trends for 2012: Top 10 list. Status becomes more than what you consume

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Euromonitor International has recently published the Top 10 Consumer Trends for 2012, an interesting reading about 2012 consumers. Consumer identity is expressed in more complex ways than through consumption alone. Today, identity also encompasses weight, online status, green thrift, and attitudes to reality culture – even in emerging markets, where the joys of spending are still … Read more