Christie’s reports soaring sales of £10m-plus art
Auction house is boosted by Asian demand as well as lots including £44m Brancusi and £36m Beckmann in first half of year
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Cognac’s recent strong growth is poised to continue in the coming years. Report
VS is the key driver of Cognac’s biggest volume market Cognac’s recent strong growth is poised to continue in the coming years, driven by increased consumption in the US, China and the UK, according to a joint report from just-drinks, the research portal for the global drinks industry, and the IWSR, one of the leading … Read more
The global personal luxury goods market is highly fragmented. Report
Top Vendors in the Global Personal Luxury Goods Market from 2017 to 2021: Report. The global personal luxury goods market is highly fragmented, with the presence of both global vendors and local players, says the recent global personal luxury goods market report by Technavio. This market research report also lists 14 other prominent vendors that … Read more
Over half of world’s wild primate species face extinction, report reveals
Researchers warn of approaching ‘major extinction event’ if action is not taken to protect around 300 species, including gorillas, chimps, lemurs and lorises
Taking a closer look at the millennial generation as a new category of diamond buyers. Report
Jewelry remains one of the top three preferences among all consumers when it comes to giving or receiving gifts, ranking third in the US and first in China and India. Millennials represent a significant opportunity for the diamond industry. A new generation of consumers—the millennials—represents a compelling opportunity for the diamond industry, says the sixth … Read more
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