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YACHT SALES TRENDS
Orient Express giant yacht sets sights on tech billionairesOrient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel b...
The next wave of buyers: How Tier 2 and Tier 3 consumers are driving natural diamond growthIndia's smaller cities are now powering the diamond jewellery market. Rising incomes and a desire for luxury are driving demand in these re...
Rs 1 crore salary, chef-cooked meals and private jet travel: 28-year-old leaves grinding corporate job to work as a nannyCassidy O’Hagan, 28, left her ₹60 LPA corporate job in medical sales to work as a nanny for a billionaire family, earning over ₹1 crore ann...
A Covid boom propelled the luxury yacht industry, but higher taxes hit demand for more affordable boatsDespite economic headwinds in Britain, the luxury yacht market remains buoyant, with wealthy buyers undeterred by higher taxes and tariffs....
Catch the nouveau riche! Income tax dept casts a new dragnetIndia's burgeoning affluent class, particularly in smaller towns, is driving luxury goods sales, often evading income tax. To address this,...
Digital Art - Top 5 Projects to Watch in 2022
NFTs in 2022: Popular trends and marketplacesUprise of Non-Fungible Tokens (NFTs) and its impacts on the world.
Ultra-rich look to find zen at sea, go superyacht shopping to drive away pandemic bluesLast month, Chinese billionaire Jack Ma was spotted in Spain on a rare cruise trip.
World's ultra-wealthy don't follow market trends, buying a Lamborghini or Ferrari is always on the listThe rebound for exclusive cars was already underway in the final quarter of 2020.
Mahindra identifies 9 ‘inhouse unicorns’ for growth, listingMahindra confirmed that the timeframe for initial public offerings of the in-house unicorns is over the next two to five years. These busin...
Mahindra & Mahindra focuses on returns to see units exitPeople close to the development said overseas subsidiaries are under the scanner.
Hindujas share second spot with Reuben brothers in UK rich listSrichand and Gopichand Hinduja, who run the Hinduja Group of companies, lost 6 billion pounds to slip from the top slot in last year's list...
- Luxury housing staging a comeback on the realty market
Spurred by new product offerings, greater influx of end-user demand housing projects ranging between Rs 1 cr & Rs 15 cr, are making a comeb...
- Luxury market grew 20% last year despite signs of global slowdown: Report
The Indian luxury market grew at a healthy 20% during last year, reaching a size of $5.8 billion,
- HNIs push up yatch sales in India
Yacht sales in India are getting their second wind, thanks to high-earning professionals.
- We have 10% of the world’s yacht market: Paolo Vitelli
India’s growing number of millionaires and swathes of affluent people have developed a voracious taste for luxury boats in the last five ye...
- Reliance Brands to form JV with Italy's Sixty Group
The JV is expected to come up with about 56 high-end stores for the four focus brands, Miss Sixty, Energie, Killah and Murphy and Nye. Fash...
- Jets and Yachts - Luxury on the go
Day two of the ET conference on luxury began with a discussion on 'jets and yachts - luxury on the go'.
- Yachts become the new status symbol
The yacht has become the latest status symbol for HNIs in India .
- Internet's free services bites into banking system
The internet has the financial services industry in its sights. Some recent initiatives show that the web is starting to chew away at some ...