“Wanda’s acquisition of Sunseeker is strategic.” Although the private yachting market is in its early stages in China, this industry is growing rapidly. China’s consumption has been growing, with an exceptionally strong appetite in the luxury market. In 2012 China surpassed Japan as the world’s largest luxury market and by 2015 McKinsey & Co. predicts … Read more
Johnie Walker Blue Label launches luxury Alfred Dunhill trunk The pioneering spirit of John Walker and Alfred Dunhill during their journeys from Britain to the four corners of the world inspired JOHNNIE WALKER BLUE LABEL Limited Edition Collection designed by Alfred Dunhill. Bolstering the bullish sentiment of growth of luxury offerings are indicators showing that … Read more
Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more
Top global destinations lead resurgence in luxury residential property market, reports Christie’s International Real Estate in a new study on the global prestige residential market. Entitled Luxury Defined: An Insight into the Luxury Residential Property Market, the report compares 10 of the world’s top property markets—London, New York, Hong Kong, Paris, San Francisco, Cote d’Azur, … Read more
Chao Tai Fook Tops L2’s Digital IQ Index: China – Watches & Jewelry Supplement; Cartier, Swarovski Round Out Top 3 With 70 percent of Chinese luxury consumers beginning their purchase online, digital is the tip pf the purchase spear in China. However, many Watch & Jewelry brands have adapted their marketing efforts to the needs … Read more
Dior opens first boutique in Australia Following in the footsteps of Louis Vuitton, Prada, Chanel, Gucci, Salvatore Ferragamo, Canali, Miu Miu, and Bottega Veneta, French luxury fashion house Christian Dior opened its first boutique in Australia. Designed in the style of a grand Parisian apartment, Dior’s first Australasian flagship boutique set up in Sydney replicates … Read more