The worldwide luxury industry surpassed €1 trillion in retail sales value in 2015 and delivered healthy growth of 5% year over year (at constant exchange rates), driven primarily by luxury cars (8%), luxury hospitality (7%) and fine arts (6%), according to the 14th edition of the Bain Luxury Study, published by Bain & Company for … Read more
European citizens see the high-end sector as an ambassador of European values such as quality, excellence and creativity; The high-end sector as an ambassador of European values. Over 75% of European citizens recognise the importance of the high-end industry for the future of Europe’s culture and economy. European citizens see the high-end industry as … Read more
In the new EU Industrial Policy strategy, published on 10 October, the European Union announces its intention to focus on creative industries, such as the European fashion, high-end, and luxury industry. “Given their economic significance, it is important to ensure that adequate policies are in place at EU level that take into account these business … Read more
Technics RP-DJ1205 Pro DJ Headphones re-introduces by Panasonic New headphone models commemorate the 40th anniversary of the Technics’s popular turntable system To commemorate the 40th anniversary of the launch of the Technics SL-1200, a direct-drive turntable system popular among professional DJ’s, Panasonic reintroduced its High-End Technics Pro DJ headphones that provided users with unique style, … Read more
Auction house Christie’s is launching its first online-only premier internet-exclusive wine auction. Wine aficionados will find everything from ‘82 Lafite and Latour at the high-end to hard-to-source California cult wines from Harlan Estate and Screaming Eagle. Dubbed “Signature Cellars“, the online-only auction is expected to attract bids as high as $35,000 for vintage fine wines. … Read more
If your ears were spoiled with deep soulful bass and perfect tones, than the Torsten Valeur & David Lewis’s Playmaker is for you. Streaming digital music to a pair of high-end loudspeakers in the simplest way is now possible thanks to this new Bang & Olufsen‘s device (15,7 x 13,6 x 12 cm. 512 gram). … Read more