Wealthy Consumers From Seven Nations Define What Constitutes Luxury and How They Shop and Rank Brands; Superior Quality, Craftsmanship and Customer Service Remain Essential but Many Firms Fall Short New York City-based Luxury Institute released “Luxury Branding and Marketing: A Global Comparison of Wealthy Consumers in Top Markets,” a survey of wealthy consumers in the … Read more
Vacheron Constantin Says Watches for 2012 are Already Sold Out In the first two days of the 2012 SIHH watch fair in Geneva, Vacheron Constantin, the oldest Swiss watchmaker in continuous operation sold out all the production for the year. Vacheron Constantin expects to have a “great” year and to increase its revenue, though growth … Read more
A Maserati for the upscale green set Karma, world’s first high-performance hybrid luxury sedan, was unveiled at Consumer Electronics Show in Las Vegas last week. The eye-catching Karma designed in California and built in Finland is billed as the world’s first luxury electric vehicle with range extended by a gasoline engine that, when switched on, … Read more
Roberto Cavalli has teamed up with Swiss haute horlogerie brand Franck Muller for the “Roberto Cavalli by Franck Muller” watch collection, scheduled to bow globally this fall. WWD reports January 16 that the timepieces will be available in Cavalli boutiques, as well as Franck Muller stores and selected retailers. Available for men and women, prices … Read more
The Oberoi, Gurgaon is World’s Leading Luxury Hotel Voted by World Travel Awards, 2011 The Oberoi, Gurgaon (a hotel which opened in April, 2011) has been voted World’s Leading Luxury Hotel, 2011 by the World Travel Awards. This was announced at the Grand Final Gala Ceremony held in Doha, Qatar. “This is indeed a very … Read more
Four Seasons Hotels and Resorts Unveils New $18m Website Part of an effort to improve online revenue, luxury hotel chain Four Seasons has unveiled a new website that cost $18m to develop. The new web platform will give travellers more digital tools to manage their bookings. Fourseasons.com, the result of the investment, offers a user-friendly … Read more