Total value of world’s top 50 most valuable luxury and premium brands down 3%, from US$227.1 billion in 2020 to US$219.5 billion in 2021 Porsche retains top spot, brand value US$34.3 billion. Apparel brands dominate ranking, with 30 brands featuring and accounting for 62% of total brand value, but brand values suffer due … Read more
Mercedes GLE 450 wins the umlaut Connected Vehicles Benchmark as the most connected luxury mid-sized SUV. Mercedes ranked “Best-in-Test” in Feature Availability and User Experience. Given the surging interest in connected and autonomous vehicles and critical importance of connectivity in vehicles, umlaut conducted a comprehensive connectivity assessment of luxury SUVs. The benchmarking specialist providing … Read more
In the middle of a global pandemic and the related economic crisis, why should we be interested in the wealthy? Simply put, if we are to understand market and asset performance then they form a central part of the story, says Knight Frank’s The Wealth Report – The global perspective on prime property … Read more
Diamond industry suffered during the Covid-19 crisis but fared better than the personal luxury market overall. Report Diamond industry poised for rebound in 2021. Lockdowns, travel restrictions and economic uncertainty pushed diamond jewelry sales down by 15 percent in 2020 with most of the decline happening in the first and second quarters. But … Read more
The luxury industry faces a challenge like never before. The luxury market will face a difficult year ahead: Bain & Company expects that for the full year 2020, the market could contract between 20-35 percent, depending on the speed of the recovery. After falling by an estimated 25 percent in the first quarter … Read more
C&A, Adidas/Reebok, Esprit and M&S round out top five as average scores increase year on year, but Max Mara, Pepe Jeans and Tom Ford fall flat