News

22 Nov, 23

Brunello Cucinelli, the $2,000 cashmere sweater-selling master of ‘stealth wealth’ fashion, is booming as the ‘loud luxury’ trend wanes

The “quiet luxury” aesthetic was best characterized by the costume choices of the main characters in HBO’s series “Succession.” Claudette Barius/HBO Business at Brunello Cucinelli, which has become the poster child of the “quiet luxury” fashion movement, is booming.  The Italian luxury brand, known for its ultra-luxurious $2,000 cashmere sweaters, raised its guidance for the year on Tuesday […]
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22 Nov, 23

Why China could become the luxury industry’s next sore spot?

SHANGHAI/PARIS, July 19 (Reuters) – The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest Chinese economic figures and a disappointing sales update from Cartier-owner Richemont (CFR.S) suggest both markets may be starting to slow. Major luxury brands have invested millions to reach new customers in the two […]
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16 Nov, 23

Positioning the Future: Navigating ESG Investment for Wealth Management

As 2023 closes, the investment narrative tilts towards a more responsible horizon. The urgency of sustainable and impact investing has intensified. For wealth management companies and their clients, this shift is a favorable moment for growth. Unearthing the ESG Potential The investment landscape is constantly shifting. Climate change and frequent natural calamities are no longer […]
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18 Oct, 23

A Guide to Unlocking Men’s Luxury Beauty Market

In today’s fast-evolving beauty landscape, many brands still overlook a goldmine: the male luxury beauty market. As traditional gender norms blur, there’s a surging demand among men for high-end grooming and beauty products, yet most brands are lagging, unsure of how to cater to this new clientele. But fear not—navigating this uncharted territory can be […]
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05 Sep, 23

The Psychology of Watch Collecting: What Drives High Net Worth Individuals to Acquire Luxury Timepieces?

Wondering why high-net-worth individuals (HNWIs) engage in luxury watch collections? Interested in what behaviors, instances, and motivations drive them to buy and store expensive timepieces? The allure of luxury watch collecting is not merely about owning a mechanical marvel; it’s an intricate combination of status projection, emotional attachment, and the pursuit of rarity. In this […]
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14 Jul, 23

From London to Paris: Where are all the Chinese tourists this summer?

China’s long-awaited reopening following the Covid-19 pandemic has raised a puzzling question: Where are the crowds of Chinese tourists in Europe? While data reveals a cautious return to travel among Chinese nationals, there are signs of gradual recovery across European destinations. According to travel data firm ForwardKeys, the number of Chinese travelers to Europe during the recent […]
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29 Jun, 23

TrendLens™ Travel 2023 – Discover Global Travelers’ Retail Behaviour

TrendLens™ Travel 2023 offers insightful data, gathered through interviewing affluent and HNW travelers on their 2023 luxury travel preferences and luxury retail experiences they seek when traveling. COVERING TOP 20 GLOBAL TRAVELLERS PROFILES● The Chinese Traveller report● The Indian Traveller report● The Saudi Arabian Traveller report● The European Traveller report● The American Traveller report● The Global Traveller report (USA […]
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26 Jun, 23

An Exclusive Interview on “The Millionaire Mindset”

Check out Agility Research & Strategy‘s Managing Director Amrita Banta as she shares insights on the Millionaire Mindset and the state of the luxury retail sector drawing from the Global Millionaires 2023 TrendLens™ report in an exclusive interview. Link to the issue and interview on Pages 6-9 here: Retail Merchandiser Volume 63, Issue 3 Volume 63, Issue 3 (retail-merchandiser.com) […]
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