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
A refreshing new exhibition at the V&A questions what luxury is and where it’s heading … and proves that £100k watches and fabulous fur hats count for nothing if you don’t have the ultimate luxury of time and space
As the world begins to drag itself out of the global economic crisis, investors are looking for opportunities to achieve a better return than they can expect from the banks or established mainstream stocks and bond markets. It seems likely base interest rates are going to remain low, at least over the medium term, and … Read more
Luxury Industry Bullish On Outlook For 2015, Wealth-X Survey Shows The luxury industry is cautiously optimistic for the coming quarter, according to the latest Wealth-X Luxury Sentiment Survey Report released by Wealth-X. The quarterly Wealth-X Luxury Sentiment Survey polls senior-level executives from various sectors in the luxury industry. The Luxury Industry Sentiment Index (LISI) declined … Read more