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Knight Frank’s latest #Wealth Report for #2016:...
Business Tech, 06 March 2016 People who have a lot of money like to spend that money – and they like to invest in everything from classic cars to stamps and coins. According to property group Knight Frank’s latest Wealth Report for 2016, the world’s ultra-high net worth individuals (worth ... Lire la suite...
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Exclusivity gives the kick for luxury brands in...
Manisha Rao, 05 MArch 2016, Yourstory.com Luxury as a concept is defined within the scope of socio-psychology as a result of its connection to a culture, state of being, and lifestyle, whether personal or collective. In the context of brands, it relates to a signature style, identity, and s... Lire la suite...
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World's super rich keep buying up luxury goods...
Sales of super-yachts rose 40% last year despite number of millionaires and ultra rich falling, according to wealth report The global super rich continued to splash out on super-yachts and luxury goods last year, despite a decline in their overall wealth in the wake of financial market turmoi... Lire la suite...
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The Best Luxury Services Are Customized, Not...
Legend : It’s a sweet ride around Hong Kong in one of The Peninsula’s fleet of Rolls-Royces AND THAT IS WHY WE DO NOT RELY ENTIRELY ON BIG DATA From #HBR, Ana Brant, March 2016. You check into your $1,000-a-night luxury suite. Your bathroom is lovely, stocked with shampoo, body wash,... Lire la suite...
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The Next #Luxury #Fashion Trend? High-End...
MARCH 1, 2016 / WRITTEN BY ALICE CAVANAGH A young shopper’s entry to luxury fashion used to be perfume. But execs at LVMH and Prada must have noticed millennials’ habit of blowing their paycheck on food, because both companies recently battled over two of Milan’s most historic cafés. Instead... Lire la suite...
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Catch me if you can: Marketing to the new...
With Chinese consumers massively shopping for luxury abroad and online, traditional marketing formulas have limited impact. It is time for luxury brands to rethink their go-to-market approach, putting digital at the core. Wei proudly shows her latest catch: a colorful textured leather mini... Lire la suite...
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Luxury brands are putting more weight into...
Blog Entry by Vikas Vij in Corporate Social Responsibility (3BL Media/Justmeans) – Luxury product consumers have increasingly become vocal about social and environmental causes, and more importantly, are willing to make a difference through their buying choices. Luxury companies also fa... Lire la suite...
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Rich Chines splurge on sportswear as luxury's...
By Donny Kwok and Farah Master, Euronews.com , 18/02/2016 HONG KONG (Reuters) – GPS sport watches, compression leggings and hydration packs are the new must-haves for wealthy Chinese, pumping up the multi-billion dollar sportswear industry at a time when China’s elite are reining in spending ... Lire la suite...
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Don’t discount China’s appetite for luxury...
The domestic Chinese market for luxury goods may be struggling, but investors shouldn’t discount the huge amount of high-end products Chinese tourists buy, as the forecast-beating results from Kering – owner of Gucci – testify. Luxury goods maker Kering gave the markets a pleasant surprise... Lire la suite...
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Next wave of store closings may hit luxury...
CNBC, 17/02/2016. It isn't every day you see a sign boasting 40 percent off in the window of a luxury shop. But as real estate executive Andy Graiser walked past one of Prada's New York City boutiques a week before Christmas, that's exactly what he encountered. Though the design house i... Lire la suite...