After almost a year-long break, Luxury Next is back, we are hoping more knowledgeable and in a better position to represent, through our blogs, the state of the luxury industry across the world. To start off, we analyse the biggest trends that will change the face of the luxury industry – from the establishment of […]
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T2, Mumbai’s swanky new, art-suffused international terminal at the Chhatrapati Shivaji Maharaj airport is rapidly becoming the new hub for luxury brands. In the last few months, beauty and fashion luxury brands like Forest Essentials, Kimaya, Amrapali and Michael Kors have opened shop at this modern airport. Tarang Arora, Creative Director and CEO of the […]
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Five top brands capture 75% share of online luxury sales as online sale of luxury grows exponentially. Coach, Spring/Summer 2014 The online luxury segment is where all the action is today if you are to go by the trend report put out by US-based PM Digital. Going by the statistics it offers, traffic to luxury […]
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The multi-billion dollar auction business, bolstered by interest show young tech-savvy collectors who look beyond fine art, at luxury real estate, vintage wine, collectibles and precious jewels and watches, is finding new markets. Burmese Ring – Christie’s London-headquartered Barclay Bank’s 2012 Treasure Trends report, which tracks spending patterns of the affluent and the rich across […]
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The unique Prime International Residential Index (PIRI) lies at the heart of The Wealth Report and this year’s installment included performance data for almost 100 of the world’s key luxury residential housing markets. One of the most significant changes from a year ago is the general trend towards increasing prices. In 2013, values fell in […]
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Every year, as part of the annual Wealth Report, Knight Frank comes up with Global Cities Survey, which keeps track of the cities that are going to be of most importance to the world’s wealthiest people. The cities are ranked based on four factors: economic activity, quality of life, knowledge and influence, and political power. […]