For the past two years, the United Kingdom’s University of Cambridge topped the list of World’s Best Universities realease by U.S. News & World Report, but this year, the Massachusetts Institute of Technology jumped from third to first. The World’s Best Universities rankings, updated annually by U.S. News, are based on the 2012 QS World … Read more
Harry Winston says not in active talks over luxury brand sale In response to recent media reports, Harry Winston Diamond Corporation, the diamond enterprise with premium assets in the mining and retail segments of the diamond industry, confirmed that it has received various indications of interest regarding a potential purchase of its luxury brand segment, … Read more
PPR luxury group third-quarter 2012 revenue PPR continue to boast strong performances even as growth cools in the luxury and high-end market PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR’s Luxury division posted an 11.9% leap in revenue in the third quarter of the … Read more
What attributes are important among people selling them high-end goods? The most important attribute is knowledge, cited by 72% of respondents of the new Experiences With Luxury Salespeople WealthSurvey from the independent New York-based Luxury Institute. Respondents are wealthy shoppers with minimum annual income of $150,000reported average income of $310,000 and average net worth of … Read more
Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth … Read more
Choosing the cream genetically suited to skin type The Organic Pharmacy offers in-store DNA testing How quickly your skin will age? A British firm is ready to answer this question by launching the reportedly first in-store DNA tests. These tests will allow London shoppers to choose the cream and serum genetically suited to their skin … Read more