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News & Trends from 2012

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Luxury Summit 2012 | Survey of Affluence & Wealth in America

May 16, 2012  |   Contributor: Susan Kime

The 2012 American Express Publishing Luxury Summit was just completed, and one of its main concentrations was, as it has always been in the past, relevant research about wealth and affluence—based on surveys, interviews and focus groups conducted by the Harrison Group, led by Dr. Jim Taylor, Vice Chairman.... Read More

Spring 2012 American Affluence Research Group's Survey Results Part I

May 10, 2012  |   Contributor: Susan Kime  |  3 Comments

At the end of the day, research value is often determined by methods of data collection used. We have written before on Ron Kurtz, CEO of The American Affluence Research Center and his research, as his is the type of work that stands the test of time: it is longitudinal, being the 21st in a continuing series of twice-yearly surveys;... Read More

Scott Voeller on the New Non-Gaming Population of Las Vegas

May 3, 2012  |   Contributor: Susan Kime  |  1 Comment

A few years ago, at the opening of CityCenter Las Vegas, MGM Resorts International CEO and President Jim Murren explained his vision of a future Las Vegas becoming a cultural hub, like San Francisco, New York and Hong Kong. When we heard this, we thought this vision was, to put it nicely, extreme.... Read More

The Latest Appointments | Cartier, Cacharel & Christian Dior

Apr 26, 2012  |   Contributor: Sophie Doran

The Dior saga is finally over. After one year of speculation – where everyone from Riccardo Tisci, Marc Jacobs, Kayne West, Alber Elbaz, Alexander Wang and even the disgraced Galliano himself were rumoured to be taking the top spot – Raf Simons has been confirmed to head womenswear and haute couture, whilst Kris Van Assche continues to head design at Dior Homme.... Read More

Challenges Remain for Luxury Brands in India

Apr 25, 2012  |   Contributor: Sophie Doran

India’s union cabinet is standing by its local sourcing clause when it comes to foreign direct investment, making it difficult for luxury brands to enter the market on their own terms... Read More

Montegrappa CEO Giuseppe Aquila on the Rich History of his Family Business

Apr 6, 2012  |   Contributor: Susan Kime  |  5 Comments

Giuseppe Aquila is the CEO of Italy’s oldest writing instrument company, Montegrappa. His family has owned this company since 1912.... Read More

Spring's Indie Film Releases Bring New Perspectives on Asia, Australia

Apr 4, 2012  |   Contributor: Lena Katz

Can’t get away for a long-haul trip in the next few months? Three films coming out this spring provide diverse viewpoints of the opposite side of the world; and their subject matter is compelling enough to merit a viewing even if you don’t have solid plans to travel anywhere near there.... Read More

David Burden on the Opening of The Hotel Castello di Casole, Tuscany

Apr 3, 2012  |   Contributor: Susan Kime  |  4 Comments

David Burden, CEO and Founder of Timbers Resorts in Carbondale Colorado (43 minutes from Aspen) is no stranger to complex and successful development projects. One Steamboat Place, The Preserve at Botany Bay, The Rocks Luxury Residence Club, The Residences At Esperanza, to name a very few, are all dimensions of Timbers Resorts.... Read More

Bentley Motors Names Andrea Baker Head of Media Relations

Apr 2, 2012  |   Contributor: James Rothaar  |  2 Comments

Bentley Motors has appointed Andrea Baker as its new head of media relations. The announcement of the hiring was made this week by the media department of the luxury automaker. Ms. Baker assumes her new role effective... Read More

Christie's Appoints Managing Director In China

Mar 29, 2012  |   Contributor: James Rothaar  |  1 Comment

The world-renowned auction house selected Jinqing Caroline Cai to be its first managing director in China. Ms. Cai will effectively assume her new executive level position... Read More

Spring Skiing at Canyons Resort in Park City, Utah

Mar 28, 2012  |   Contributor: Susan Kime

There are those who have a serious attraction, probably bordering on addiction, to Winter skiing, and never think of keeping their skis out after the first day of Spring. But then there are those who wait for a certain time, when the weather is warmer, but the snow is still dry and powdery and the slopes are less crowded.... Read More

The Latest Appointments | Givenchy, Jil Sander & Yves Saint Laurent

Mar 28, 2012  |   Contributor: Sophie Doran  |  1 Comment

Whether intentional or not, fashion month is increasingly becoming associated with designer – and often executive – musical chairs in the luxury industry. Literally days before showing his Fall Winter 2012 collection in Milan, it emerged that Raf Simons had been dismissed by Jil Sander, to make way for Jil Sander’s return as creative director.... Read More

Behind the Bonus | Discretionary Income and Luxury Spending

Mar 23, 2012  |   Contributor: Sophie Doran  |  1 Comment

Wall Street has trimmed 2011 discretionary pay, political pressure forced RBS chief Stephen Hester to forgo his Ł1 million bonus, but what does this all mean for luxury spending?... Read More

How The Male Millionaire Matchmaker Finds His Clients True Love

Mar 23, 2012  |   Contributor: Merilee Kern  |  2 Comments

Executive matchmaking for upscale men is nothing new, but there are agencies of note that specifically cater to the discriminating mindset and standards of successful, suave and selective single men looking to meet high-caliber women — ladies with that perfectly balanced, arguably elusive combination of brains, beauty and personality to boot.... Read More

Neiman Marcus Announces First Expansion into E-Commerce in China

Mar 22, 2012  |   Contributor: James Rothaar  |  1 Comment

Neiman Marcus is making its first move into the luxury retail market in China. The high-end retailer is making an investment in a privately owned e-commerce company, Glamour Sales Holding. Neiman Marcus will invest $28 million into the firm to drive Glamour Sales Holding’s successful flash sales in Asia. Additionally, a new branded e-commerce business also will be established.... Read More

Montegrappa Celebrates 100 Years & Launch of The Alchemist Pen

Mar 21, 2012  |   Contributor: Susan Kime

Montegrappa pens are known for their history and legacy, but their unusual designs, symbolizing their unique relationships and associations with substantial celebrities, are quite significant also. Montegrappa writing instruments have been designed for the POPE, Fidel Castro, Muhammad Ali, Joe Frazier, Bruce Lee, and others.... Read More

New Market Study Reveals Crossover Between Luxury & Non-Luxury Car Brands

Mar 14, 2012  |   Contributor: James Rothaar  |  1 Comment

Apparently, both luxury and non-luxury brand automobiles are on the minds of U.S. consumers in the market for a new car this year, according to results of an ongoing market research study conducted by Phoenix Marketing International.... Read More

Philanthropist Christel DeHaan on Christel House, Education and Giving Back

Mar 14, 2012  |   Contributor: Susan Kime  |  1 Comment

Christel DeHaan sets empathy into action, daily. Yet, away from her exceptional work at Christel House, and from the timeshare/fractional industries she helped establish, her name is not yet a household word. But for those who know that for thousands of children, the cycle of poverty has been permanently broken because of her work, her name could, and no doubt should be a household word.... Read More

City Creek Center | Bill Taubman's Sustainable, Social, Evolving Vision

Mar 13, 2012  |   Contributor: Susan Kime  |  3 Comments

William Taubman is the CEO of Taubman Centers, a real estate investment trust that owns, develops, acquires and operates high end/upscale suburban shopping centers in the US. His latest work, co-developed with the Mormon Church, will open on March 22, 2012. The $1.5-2B City Creek Project will be one of the largest mixed-use developments in the U.S. City Creek is a sustainably designed, walkable, urban community of residences, offices, and retail stores on 20 acres of land spread across three blocks in downtown Salt Lake City. City Creek Center has been Silver LEED Certified. l... Read More

Luxury, Fully Customizable in 2012

Mar 9, 2012  |   Contributor: Sophie Doran  |  1 Comment

I would be happy to argue that luxury has become one of the most globalised industries in the world. Rapid and aggressive expansion by super brands like Louis Vuitton, Rolls Royce, Rolex and Four Seasons, backed by powerful super conglomerates like LVMH, Richemont and PPR, has seen luxury permeate areas of the earth once better known for human rights conflicts than seven-star hotels.... Read More

Impact Investing | Doing Well By Doing Good

Mar 7, 2012  |   Contributor: Susan Kime

The basic definition of impact investing combines the words well with good: doing well and doing good. Back in the old days, say, a few years ago, if you wanted to invest money in a company or stock or industry, you would look at the single bottom line: the financial return.... Read More

The Latest Appointments, Pucci, Tod's & Girard-Perregaux

Mar 6, 2012  |   Contributor: Sophie Doran

After a string of encouraging results announcements by luxury conglomerates and brands, it is somewhat surprising to learn of layoffs and retrenchments within various pockets of the industry. Just today, AFP reported that Fisker Automotive – maker of luxury electric and hybrid supercars – will layoff 26 workers in Delaware and another 40 contractors and employees concerned with design and development in California.... Read More

The Future of Fashion Week, Decidedly Digital

Mar 2, 2012  |   Contributor: Sophie Doran

KCD’s Digital Fashion Shows platform wins the approval of editors and designers, but does it pose the potential to negate the need for the press?... Read More

The Latest Investments, Lanvin, Luxottica & L Capital Asia

Mar 2, 2012  |   Contributor: Sophie Doran

Ferretti Group said yes, General Motors said no. We take a closer look at recent cross-border mergers and acquisitions in the luxury industry... Read More

Portugal Showcases Natural Riches at Annual SISAB Trade Festival

Mar 1, 2012  |   Contributor: Lena Katz

After a shaky 2011 fiscal year, Portugal rallied its supporters from Mozambique to Macau for the 17th annual SISAB food and wine trade show held in Lisbon February 27-29. Hundreds of Portuguese suppliers and thousands of importers were in attendance at the annual trade fair — the largest Portuguese food and wine expo in existence.... Read More

Aviation Week Wins BtoB Magazine's Mobile Award for Paris Air Show App

Feb 29, 2012  |   Contributor: James Rothaar

This week BtoB magazine recognized Aviation Week by naming it the mobile winner of this year’s Social Media Marketing Awards for its Paris Air Show app.... Read More

Jaguar Introduces New Global Marketing Campaign

Feb 28, 2012  |   Contributor: James Rothaar

Jaguar announced the launching this week of a new global marketing campaign, Alive. The firm’s purpose of the new marketing is to increase awareness of the brand amongst a new audience that will be in line with the ambitious future plans of the top luxury car manufacturer.... Read More

London Fashion Week AW12 Sees 100% Growth in Online Video Views

Feb 24, 2012  |   Contributor: James Rothaar  |  1 Comment

The British Fashion Council (BFC) reports that its online viewership for London Fashion Week AW12 has doubled. The BFC attributes this unprecedented year-over-year growth to its official video-distribution partner, Rightster. The firm live-streamed all live and on-demand content from the week for the BFC and its partners.... Read More

Ferrari North America's Marco Mattiacci is 2012 Auto Exec of the Year

Feb 23, 2012  |   Contributor: James Rothaar

Marco Mattiacci, president and CEO of Ferrari North America, is this year's recipient of the 2012 Automotive Executive of the Year award. He will receive the honor at a special, invitation-only luncheon at the Detroit Athletic Club on Friday, April 20, 2012, where more than 200 automotive executives, industry suppliers, customers, enthusiasts and guests of Ferrari will attend.... Read More

PrivateJet.com Domain Sells for $30.18 Million

Feb 22, 2012  |   Contributor: James Rothaar  |  1 Comment

Nations Luxury Transportation, LLC, announced yesterday that it has agreed to acquire the domain name http://PrivateJet.com from Don’t Look Media Group, an intellectual property holding company, for $30.18 million in cash and stock. The board of directors of both companies approved the transaction. The $30-million website is expected to officially launch in April 2012.... Read More

The Complex Nature of Affluence Research

Feb 21, 2012  |   Contributor: Susan Kime

My qualifications for writing this piece are these: I have done graduate level research, created my own design and collection methodology, and taught research design and program evaluation for two years, at the university level. I know the gnawing questions regarding research design, data collection methods, and validity/reliability measures. These are issues that kept me awake at night, worrying.... Read More

Thought Leader Simon Snellgrove | Creating People-Places on the Urban Landscape

Feb 10, 2012  |   Contributor: Susan Kime

Simon Snellgrove, founder of Pacific Waterfront Partners, has an intuitive relationship with waterfront land. Born in Sydney, Australia, he grew up on the water, sailed early, and understood the complex connections between industrial growth, human need, and eco-sustainability.... Read More

Bentley Motors Names David Hilton New Head of Exterior

Feb 9, 2012  |   Contributor: James Rothaar

Award-winning automotive designer David Hilton is the newly appointed head of exterior design at Bentley Motors Ltd. The announcement of the newest exec to join the ranks of the top luxury car brand came forth this week from its corporate headquarters in Crewe, England.... Read More

JustLuxe Interviews its Picks for Top Chefs of 2012

Feb 7, 2012  |   Contributor: Sara Cardoza

We spoke with some of the most highly praised culinary masters in the industry for JustLuxe’s Top Chef Interview series, LuxeEpicure, co-branded by luxury automaker Lexus, and learned not only how they developed their love for food and aesthetics, but where they see culinary art heading. These top chefs generously shared insider details about their experience working in luxury restaurants and offered a few words of advice for aspiring chefs.... Read More

Lexus First to Launch Facebook Timeline-Inspired App

Feb 3, 2012  |   Contributor: James Rothaar

Top luxury car manufacturer Lexus is getting an early jump on Facebook’s anticipated Timeline for brands with the launch this week of its own Timeline-inspired app, Points of No Return.... Read More

Interview With Developer Gil Dezer on Success in South Florida, Trump & The Future

Feb 1, 2012  |   Contributor: Susan Kime  |  2 Comments

I first interviewed Gil Dezer face to face a few years ago for a major print publication. He took me and a few others to his residence at the Trump Palace, where he showed us his grand plan to hang a Porsche (without engine or any working internal parts) over the mantelpiece. He said he thought the Porsche design was a great work of art. When I recently interviewed him, I asked about this, and he said, 'yes, the Porsche was hanging there now.' Like the Porsche hanging from the mantel, Gil himself is one of a kind, with one-of-a-kind ideas.... Read More

Luxury's Mixed Messages Part 2 | The Yo-Yo Economy

Jan 26, 2012  |   Contributor: Susan Kime

In Part I of my article on JustLuxe, October 4, 2011, Luxury’s Mixed Messages, Evaluating Current Market Research, I said that, according to Reuters and other sources, the young millionaire populations seem to spend well, despite the somber economy. That was then, this is now, and now looks more divergent and more somber.... Read More

Scott Lee, President & Principal of SB Architects on Contemporary Architectural Design

Jan 20, 2012  |   Contributor: Susan Kime

One of the more transformational thought leaders in the current architectural landscape is Scott Lee, President and Principal of SB Architects, a 50 year old multi-awarded and renowned design firm in San Francisco and Miami.... Read More

Thought Leader Jim Whitteron | Past, Present & Future of The Private Residence Club

Jan 5, 2012  |   Contributor: Susan Kime

I've written about Jim Whitteron many times before, in Developments Magazine, in Robb Report Vacation Homes, and in Stratos. He is the original conceptualizer and co-founder of the first Private Residence Club ever, in the United States. It was in 1992 in Deer Valley, Utah, and The Deer Valley Club is still very much alive and doing well today.... Read More

The Latest Hotels, Kitzbühel, Tuscany & Hanoi

Jan 4, 2012  |   Contributor: Sophie Doran

Whilst many a luxury hotel opened in 2011, it was one particular brand that felt particularly active and ambitious in the market. The Jumeirah Group, owned by the Dubai Holdings investment vehicle of Sheikh Mohammed bin Rashid Al-Maktoum, opened no less than six properties in 2011 – significant when one considers the group operated just five properties in 2002.... Read More

JustLuxe Launches New Custom Content Marketing Campaign

Feb 17, 2012  |   Contributor: JustLuxe Team

The relationship between luxury brands and digital media continues to evolve with a growing trend toward custom content integration. JustLuxe presents the latest example of cross-platform marketing with the launch of LuxeEpicure.... Read More

 
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