Luxury spending trends of the past year. Report

The beauty, fine wines and spirits, and fine food segments all grew, reflecting a redirection of luxury spending away from goods and toward personal pampering and experiences. Last 12 months, the luxury consumption shifted away from goods and toward experiences such as travel and gastronomy, which grew faster than luxury goods by at least 5 … Read more

One-of-a-kind properties to meet the luxury lifestyle buyers dream of

This lineup of one-of-a-kind properties — all of which are located in distinct parts of the world — are sure to meet the luxury lifestyle buyers dream of. The lineup compiled by New York City-based luxury real estate marketplace Concierge Auctions spans two US states, Costa Rica, Israel, Italy, and the United Kingdom The properties … Read more

Sotheby’s creates a Global Luxury & Lifestyle Division

Sotheby’s, the British multinational corporation headquartered in New York City, is uniting its jewelry, watches, wine, cars, and realty divisions under one umbrella. The company announced the appointment of Maarten ten Holder as global Managing Director of the Company’s new Luxury & Lifestyle Division. An accomplished auctioneer, Maarten regularly conducts sales in all of Sotheby’s major … Read more

LITO SORA, 100% luxury electric motorcycle

The worlds first Luxury Electric Superbike. The Ultimate Electric Super Bike. The SORA Signature Series motor and drive system is so powerful, its limited electronically.Well… the manufacturer is going to take some of the limit off for 2017. Niknamed “the Tesla of Motorcycles,” Sora by LITO is an electric superbike made in Québec. The luxury … Read more

E-commerce leads among luxury shopping channels. “Accessorization” and Polarization are prevailing luxury market trends. Study

Luxury consumers are redirecting their spending toward new and more personal high-end experiences. Study. The personal luxury goods industry managed to hold steady amid global geopolitical uncertainty, says Bain & Company‘s annual global luxury study. According to new data, under the surface of the high-end market’s increasing stability lies meaningful dynamism with a clear separation … Read more

Luxury car owners never need to stop at fuel station again

Bentley trials on-demand fuel-delivery service. Bentley and Filld share a vision for leveraging powerful connected car technology – to one day eliminate the need for customers to refuel their cars themselves, removing inconvenience, and giving them more of their valuable time back.” Luxury personalization is on Bentley’s mind these days. Bentley ownership is about more … Read more