Total wealth of billionaires increases 16pc to $8tn
Billionaires around the world are seeing a particularly positive year so far, with 1,037 individuals increasing their net worth, according to a new study from Hurun.
Billionaires around the world are seeing a particularly positive year so far, with 1,037 individuals increasing their net worth, according to a new study from Hurun.
Today in luxury marketing – LVMH goes digital with all its brands under one luxury goods site; What the Trumps’ arrival in Washington means for a luxury mall; One-off supercars: When rare just isn’t exclusive enough; London landlords cut luxury-home rents as Brexit damps demand.
Already in a tumultuous period, the luxury goods sector may be impacted even further now that the European Union is considering requiring a visa for travelers coming from the United States.
When affluent consumers are looking into real estate purchases, a home that needs renovations is not a significant area of interest, with only 5 percent of luxury buyers being interested, according to a report by Luxury Portfolio International.
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World’s leading luxury business publication March 1, 2017 Read more on luxurydaily.com | Subscribe | Sign In $12 FOR 12 WEEKS INTRODUCTORY OFFER SUBSCRIBE NOW Marketing Why marketing to millennials is vital for luxury While some themes regarding luxury goods are important to all age demographics, there are many that vary from generation […]
A dialogue with a Paris-based entrepreneur tapping the emerging wealth in Sub-Saharan Africa and other parts of the continent with the resulting desire from the ultra-affluent for the finer things of life.
While many believe that ultra-wealthy consumers make real estate purchases based on desire and not practicality, a Wealth-X study shows that these high-net-worth individuals make decisions based on practical, emotional and financial factors.
Auction house Sotheby’s is grouping all of its luxury lifestyle activities together with the creation of a new division.
Luxury Daily has announced Gucci as Luxury Marketer of the Year, Net-A-Porter and Mr Porter as Luxury Retailer of the Year, Vogue as Luxury Publisher of the Year and Euromonitor as Luxury Researcher of the Year 2016.