Luxury Daily, May 20, 2020 – Wellness amenities to dominate luxury real estate demand
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Luxury brands have a legacy in sports sponsorships, but will this change now that several professional sports organizations have been forced to re-imagine their 2020 live-event schedules with COVID-19 social-distancing rules?
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India’s luxury market may not be as big as China’s or most European countries, but its growing list of billionaires and millionaires is impressive. So how has the COVID-19 coronavirus pandemic affected the Indian market for luxury goods and services?
Fueled by access to the Internet and international trends, aspiring Indians want enhanced experiences that make their lives better. Cash-rich, time-poor middle class and upper middle class Indians are driving the rise in spending across categories.
The consortium comprises major U.K. industrial, technology and engineering companies across sectors such as automotive, aerospace and healthcare.
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Alfa Romeo joins the ranks of surviving storied luxury automakers such as Rolls-Royce Motor Cars, Bentley Motors, BMW, Aston Martin and Audi in the century-plus club.
Italian sports car maker Ferrari retained pole position as the world’s strongest brand for the second year in a row, according to Brand Finance.
Even though electronics are the most popular gifting category for high-net-worth Chinese men, French house Louis Vuitton has beaten out Apple this year to become the most preferred label to give.