Research from The Brookings Institution claims that Asia could represent two-thirds of the middle-class population worldwide, with close to 380 million in India alone by 2030. Compared to the Western economies, China and India have been growing with an annual growth rate of more than 6 percent, resulting in a huge market potential for these emerging economies.
Premium automakers have descended on the annual Geneva Motor Show to showcase innovative electric vehicles and mark milestones.
Despite geopolitical uncertainty and tensions, a new report from Knight Frank shows the population of ultra-high-net-worth individuals is projected to rise 22 percent over the next five years.
Register now for Luxury Daily’s 3rd annual Women in Luxury conference Thursday, May 9 in New York. Meet with speakers from Chanel, Ritz-Carlton, Apple, Coty, Forrester, Facebook/Instagram, UBS, Quintessentially, Robb Report’s Muse, Unity Marketing, Ipsos Affluent Intelligence, Crown & Caliber, YouGov, Kathryn Sargent, Roar Africa, Nouvel Heritage, MM Luxe Consulting, The Private Suite, ReVive Skincare, One Ocean Beauty, MiaDonna, Boll & Branch and Coresight Research. Limited seating.
After taking a hit due to worries that Chinese consumers would be cutting back on their spending, luxury share prices continued to rebound in February.
Mark Zuckerberg on his shocking announcement to pivot Facebook to a privacy-focused messaging and social networking platform. Read the post in its entirety.
Italian jeweler Bulgari is giving back to its hometown by supporting the restoration of a Roman landmark.
NEW YORK – Although the vast majority of women will eventually be solely responsible for their fiscal well-being, only 40 percent are involved in their long-term financial planning.
French fashion house Christian Dior is seeking out up-and-coming visual artists through a contest centered on some of the top photography schools around the globe.
Cruise line Crystal is bringing conservation organization ORCA on-board to support its work to protect populations of whales, dolphins and porpoises.
