Douglas Elliman folds Los Angeles into portfolio in seasonal magazine
The coasts duke it out in the latest issue of Douglas Elliman’s seasonal magazine, following the real estate brokerage firm’s expansion to Los Angeles.
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Pomellato, Sergio Rossi, luxury real estate and China – News briefs
Today in luxury marketing – PPR, Prada said to be among suitors of jeweler Pomellato; Francesco Russo exits Sergio Rossi; Italians ramp up London luxury home search; Marketers heed China’s social media explosion.
LVMH, Mercedes, French brands and luxury real estate – News briefs
Today in luxury marketing – Belgium investigates LVMH; Daimler eyes stake in unit of China’s BAIC; French luxury seeks new talents; Wealthy undeterred by new taxes on London homes.
Ralph Lauren, Estée Lauder, Sotheby’s, Luxottica and luxury real estate – News briefs
Today in luxury marketing – Ralph Lauren posts better than expected Q2 results; Lauder of the rings; Luxottica in deal to buy France’s Alain Mikli; The next big thing in luxury: Branded real estate.
Tech scene, taxation fuel world’s fastest growing cities by wealth: Henley & Partners
Regions such as Silicon Valley, Austin, Bengaluru and Shenzhen are witnessing their respective UHNW populations surge, according to the London-based investment migration consultancy.
Dewar’s welcomes global rebrand with ‘Here’s to the Story’
The Scottish whisky brand is looking to inch further into the premium-plus space with a new campaign.
Fine art collection arrives at Saks
With the launch, the U.S. retailer looks to enhance its lifestyle credentials, establishing itself as an official destination for all things luxury.
Ultrawealthy population to balloon 28pc by 2028: report
Data intelligence firm Altrata attributes the influx to the widespread adoption of generative AI, among other factors.
Africa’s millionaire population to jump 65pc by 2033: Henley & Partners
Despite housing some of the world’s fastest-growing markets including Mauritius and Morocco, several hurdles are impeding the region’s wealth and luxury sector.
Private equity deal value fell by 37pc in 2023: Bain
Although cashflow is becoming more restricted in the industry, the global consulting firm remains upbeat despite near equal odds of collapse or recovery.