Beginning with this month 2LUXURY2.COM started an official media partnership with one of the most prestigious events in the luxury industry at this hour : Luxury Lifestyle Awards. Luxury Lifestyle Awards – is not only an international prize, which is awarded to the companies and brands in luxury segment for their exceptional achievements in this … Read more
Consumers felt entitled to buy luxury again. Top 10 luxury brands The value of top 10 luxury-goods brands surged 16 percent to $111 billion, according to the 2014 BrandZ study published by research company Millward Brown. The luxury category brand value rose 16 percent, following a 6 percent rise a year ago.The strong performance illustrates both … Read more
Global luxury goods sector remains resilient, despite tougher consumer market, according to a new Deloitte report. The world’s 75 largest luxury goods companies generated luxury goods sales of $171.8 billion through the end of last fiscal year (fiscal years ended through June 2013) despite a slowdown in the global economy. The average size of the … Read more
Attitudes are changing in China, but western export hopes are pinned on a swelling middle class embracing its inner consumer
I find it repugnant that bags and purses are being made out of shagreen. Isn’t it unethical?
Email lucy.siegle@observer.co.uk with your ethical dilemma
Most of the luxury industry insiders seem very optimistic. Wealth-X Luxury Sentiment Survey. Despite slowing global demand and consumption, luxury industry executives are optimistic about the first quarter of 2014, with nearly 80% confident they will see an increase in revenue from ultra high net worth (UHNW) individuals during the period, according to the inaugural … Read more