NEWSLETTER Luxury Travel and Shopping in the Post-COVID-19 World

Limitations in International travel brought about by the Covid-19 pandemic are clearly affecting the bottom line of not only travel & hospitality brands, but of the luxury sector overall. Sectors or geographies heavily reliant on travellers, like duty free retailers for example, are suffering the most. While it may take

Read more
FEATURED Bloomberg: LVMH Bounces Back on Demand for Louis Vuitton and Dior Bags

The owner of Louis Vuitton enjoyed an unexpected rebound in consumers’ appetite for dresses and monogram bags, buoying third-quarter sales. Organic revenue at LVMH’s fashion and leather goods unit jumped 12% in the third quarter as the world’s largest luxury company cited strong sales of items like Christian Dior’s $3,000-and-up Bobby

Read more
FEATURED SCMP: Wealthy shoppers in China more confident in luxury spending outlook than US counterparts: report

More Chinese luxury spenders see themselves maintaining or increasing their luxury spending over the next 12 months compared to those from the US, report says US big spenders have mostly splurged on alcohol, dining and hotels during the pandemic, with the Chinese preferring beauty and consumer electronics Cover photo: Wealthy

Read more
FEATURED CPP LUXURY: What Are the Wealthy Focusing On, 2021 Outlook (report)

Despite weathering the Covid-19 recession financially better than society at large, high-net-worth-individuals (HNWI) are not unscathed. Their wealth is mostly unaffected, with stock markets quickly recovering to start of the year levels. Most believe that the recession will only temporarily affect their overall wealth, which will start growing again after

Read more
NEWSLETTER 2021 Outlook – What Are the Wealthy Focusing On

Despite weathering the Covid-19 recession financially better than society at large, high-net-worth-individuals (HNWI) are not unscathed. Their wealth is mostly unaffected, with stock markets quickly recovering to start of the year levels. Most believe that the recession will only temporarily affect their overall wealth, which will start growing again after

Read more
Malcare WordPress Security