Sales volumes of second-home and resort lifestyle destinations grew by 19 percent, up from a seven percent annual decline in the prior year. Luxury Home Sales Grow 11 Percent Worldwide, says Christie’s International Real Estate Luxury Defined Report. Hong Kong ranked as the world’s most luxurious housing market, followed by New York and London. With … Read more
Rich investors burned in the financial crisis are back in the market for modern masterpieces, according to Knight Frank luxury investment index
The most-searched luxury brands in Brazil What are the most sought-after luxury brands in Brazil? 20+ million consumer online searches originating from Brazil shaped the key trends of the Brazilian luxury market identified in the latest World Luxury Index – Brazil released by Digital Luxury Group (DLG). The study covers 300+ luxury brands within six … Read more
Chinese interest for luxury watches is growing. The big players get bigger Chinese consumers are becoming more educated and sophisticated A near 40% increase in searches shows that the interest for luxury watches in China remains strong despite a macroeconomic slowdown, according to the “World Luxury Index China: Watches” study launched by Digital Luxury … Read more
World Handbag Report – industry’s first global analysis of the luxury handbag market China – the 3rd largest volume of luxury handbag searches European handbag brands dominate China After the World Luxury Index Handbags study release this July, Digital Luxury Group and Luxury Society released The World Handbag Report, the industry’s first global analysis … Read more
2012 Luxury Online Experience Index (LOEI) survey Wealthy shoppers with minimum annual income of $150,000 rated the online experience at websites of 10 traditional luxury retailers and 16 online-only retailers in the 2012 Luxury Online Experience Index (LOEI) survey by the independent New York-based Luxury Institute. LOEI scores include evaluations of a site’s navigation, … Read more