Sotheby’s International Realty Reveals New Hot Spots for Global Investment. In a recent report, Sotheby’s International Realty revealed the top 10 countries where affluent buyers are expanding their reach. The report, titled “Sotheby’s International Realty 2024 Luxury Outlook,” found that buyers are increasingly looking for properties in countries with enticing tax incentives and strong economies. … Read more
Global luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences. The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings … Read more
Global luxury goods market accelerated after record 2022 and is set for further growth, despite slowing momentum on economic warning signs. The luxury goods market has experienced significant growth and is poised for further expansion, according to the latest report from Bain & Company, a leading global management consulting firm. The report, titled “Luxury Goods … Read more
Christie’s announced the outstanding results of Handbags Online: The New York Edit, totalling $4,114,782, the highest value realized for a handbag sale in the Americas. The auction was 94% sold by lot and 140% by low estimate, nine lots sold for more than 100,000, an all-time high for an online auction. Christie’s The New York … Read more
Renowned as the “King of Diamonds” and a global luxury brand, the House of Harry Winston announced the grand opening of its first retail salon in Nanjing, China. Nestled within the prestigious Deji Plaza in Xinjiekou, this 213-square meter salon will serve as an exclusive destination for Harry Winston’s unparalleled jewelry and timepiece collections, featuring … Read more
Maximize Your Revenue: Learn How Certified Inventory Can Benefit Your Luxury Brand. eBay’s New Platform Brings High-End and Luxury to Your Fingertips. eBay has announced the launch of its new Certified by Brand program, aimed at expanding the platform’s luxury offering and scaling brands’ presence in the secondary luxury market. The program partners directly with … Read more