Luxury Watches Now Better Investment Than Samsung Shares
Luxury analog watches now fetch higher returns than Samsung shares in Korea as prices of both new models and second-hand watches continue to rise....
Luxury Car Insurance
Luxury vehicles provide an unmatched experience for drivers. Their large glass panels, premium materials, and advanced tech make you want to stay in the...
U.S. ‘Aspirational’ Shoppers Are Spending Less on Fashion, Jewelry
A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new sources of revenue and,...
Inflation is Making Luxury Handbags ‘Unaffordable to an Aspirational Buyer’
The luxury industry is witnessing a slowdown as consumer spending is affected by high inflation and global recession fears. According to McKinsey & Company, for...
How a Quest for Identity Made China the Luxury Powerhouse That It is Today
China is a luxury-goods giant. Consider this: The country’s luxury market is set to hit 816 billion yuan, or $115 billion, by 2025. That’s...
Swiss Watchmakers Counting the Hours Until Chinese Tourists Return to Boost Their Sector
Switzerland’s major luxury watch brands are cautiously optimistic that Chinese tourists will boost sales this year, if they return to Europe in large numbers after the...