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BERNSTEIN REPORT LUXURY GOODS
From a nearly $11 million Pagani Zonda, an Aston Martin hypercar to 3 Ferraris, F1 star Fernando Alonso boasts a multi-million dollar car collection: Here’s a look insideFernando Alonso, the well-known Formula One driver, possesses an expansive collection of luxury and hypercars. He recently acquired a Pagan...- China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein reportA report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors su...
- India refines 1,200 tonnes of gold but consumes 800-850 tonnes: How GIFT City could help unlock major export opportunityIndia’s 1,200-tonne gold refining industry could unlock new export opportunities through GIFT City, following the introduction of responsib...
- Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...
- Leonardo DiCaprio bought 104-acre island for $1.75 million to create an ecological paradise; Why his Belize project remained uncertainLeonardo DiCaprio's vision for Blackadore Caye focuses on intertwining luxurious hospitality with environmental recovery. Facing scrutiny o...
- Bhuvneshwar Kumar lives in a stylish Meerut bungalow featuring minimalist interiors, spacious living areas, well-maintained outdoor spacesRenowned for his cricket prowess, Bhuvneshwar Kumar's home in Meerut, Uttar Pradesh, speaks volumes about his journey. This exquisite bunga...
- In 2017, Big Sean paid $8.7 million for Slash’s Beverly Hills mansion and renovated it; four years later, he sold it for $11.1 million, a $2.4 million price increaseIn 2017, Big Sean purchased a mansion in Beverly Hills previously owned by Slash for $8.7 million. After four years of renovations, he sold...
- Lionel Messi's new 88-foot yacht boasts 2,000 horsepower, 4 guest cabins and a jet ski garage; how it links to his $11 million Florida mansionLionel Messi has ordered an 88-foot Sunreef ULTIMA 88 luxury catamaran, being built in Ras Al Khaimah, UAE. The yacht features 2,000 horsep...
- Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise pricesLuxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to risi...
- Maison D’Arome wants India to say oui to luxury perfumes without the heavy price tagMaison D'Arome has introduced a collection of premium perfumes in India aimed at discernible consumers. The brand asserts its fragrances ar...
- In 2002, TV mogul Michael King paid $11 million for a Los Angeles property and built a 15,642-sq-ft mansion; 16 years later, his estate sold it for $33.85 millionThe former residence of Michael King in Pacific Palisades has been sold for a stunning $33.85 million, setting a record in the luxury real ...
- In 2015, NBA star Chris Paul paid about $9 million for a Calabasas mansion; three years later, he sold it for $11.05 million, the city’s biggest home sale that yearChris Paul's purchase of a lavish mansion in Calabasas epitomizes the blend of celebrity lifestyle and a pursuit for privacy. The estate bo...
- Hrithik Roshan’s Rs 8.5 lakh rental Juhu bungalow features Arabaian sea views, ocean-inspired interiors, grand piano, quirky red telephone booth, monkey bars and chocolate vending machineHrithik Roshan house: Hrithik Roshan’s cameo in Rajinikanth’s Jailer 2 has renewed interest in the actor, whose reported rented Juhu home c...
- Leela reports operating revenue of Rs 412 cr in Q2FY27, PAT at Rs 95 crLeela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same...
- Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
- LVMH's weak China sales raise fresh concerns over global luxury market recoveryLVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales g...
- Shakira and Pink Floyd’s Roger Waters once owned a 650-acre private island in the Bahamas. Visioned to build boutique hotels and luxury apartments; now up for sale at $30 millionBonds Cay, a stunning private island in the Bahamas, is now available for sale at $30 million. Initially acquired by stars like Shakira and...
- Mercedes-Benz India sees luxury buyers paying 5-6% more for plug-in hybridsMercedes-Benz India is optimistic about the demand for plug-in hybrid vehicles in the luxury segment. CEO Santosh Iyer noted the appeal for...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- Jessica Chastain bought a historic New York apartment in 2015; restoring Leonard Bernstein’s former home revealed a fireplace sealed behind a wallJessica Chastain had put her historic New York apartment back on the market for $6.49 million last year. The four-bedroom co-op in the Osbo...
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