The yachting world is preparing for the world’s biggest international yachting exhibition: the Monaco Yacht Show will take place next week from 27 to 30 September and it will involve 125 extraordinary one-off superyachts built by the world’s most respected shipyard. About 580 among the leading companies from the yachting industry will ...Read More »
According to the latest Altagamma Monitor on the Global Markets study, carried out by Bain & Company in association with Altagamma, after 3 years of decline, Mainland China is expected to record positive growth thanks to initial “repatriation” of luxury good spending by Chinese consumers. THE GUANXI NETWORKS “It’s not ...Read More »
There are 212,615 ultra high net worth (UHNW) individuals globally, holding a combined wealth of US$30 trillion in net assets. The wealthiest 50 people in the world control a staggering portion of the world economy: $1.46 trillion — more than the annual GDP of Australia, Spain, or Mexico. That’s according ...Read More »
LUXURY GOODS SECTOR 2015 – The industry continues to grow and goes beyond the €1000 billion barrier.
MODERATE GROWTH AND POSITIVE RESULTS FOR LUXURY GOODS SECTOR The 2015 Altagamma Observatory, the annual snapshot of the performance of the luxury goods industry, takes stock of the health of the sector: despite currency headwinds and consumption shrinking in some of the key geographical regions, the luxury industry continues to grow. ...Read More »
POLICY CHANGE IN SHANGHAI’S FREE TRADE ZONE COULD TRIGGER THE START OF GOLDEN AGE FOR CLASSIC CARS IN CHINA
China Rendez-Vous, the organizer of one of the most important Concours d’Elegance in Asia, Bund Classic, has reported a breakthrough forecast on Import Policy Change in Shanghai’s Free Trade Zone, which could strongly impact the classic car sector. Recent developments send a new ray of hope for the Chinese classic car collector ...Read More »