Articles in the 'General articles' category

• Quintess price increase | Written by Luxury Reporter Staff in Dec 2007

  Quintess is increasing its membership deposit by $15,000 at the start of 2008.



• An interview with the CEO of LUSSO | Written by Luxury Reporter Staff in Nov 2007

  Here is the latest in our series of interviews with the people leading the key destination clubs. This time, Steve Greer from the LUSSO Collection was kind enough to answer our questions.



• The allure of high price | Written by Joseph Foote in Oct 2007

  The New York Times ran a story recently, titled ‘When High Price Is The Allure’. The gist of the article? That there are many consumers out there who are more likely to buy a luxury item just because it carries a big price tag.



• Not everyone loves luxury | Written by Luxury Reporter Staff in Aug 2007

  A recent Luxury Tracking Report has shown that that luxury isn’t a major part of life for most affluent people. Pamela Danziger from Unity Marketing says “Our latest luxury consumer survey shows that only about 10 percent of affluent consumers live the kind of luxury lifestyle where buying top-of-the-line brands is the norm.”



• Steve Case tackles eco resort | Written by Luxury Reporter Staff in Aug 2007

  Steve Case, AOL co-founder and the money behind Exclusive Resorts, has launched a sustainable luxury resort company. The first project is an $800 million development on 650 acres in Costa Rica.



• Luxury consumers are similar | Written by Luxury Reporter Staff in Jul 2007

  The Conference Board has released a report claiming that consumers in the United States and Western Europe have remarkable similarities, especially in the amount of value they place on experiences.



• Testosterone and wealth? | Written by Luxury Reporter Staff in Jul 2007

  The Economist reported today on seemingly irrational money-related behavior observed in men with high testosterone levels.



• The Cost of Living Extremely Well | Written by Luxury Reporter Staff in Jul 2007

  Forbes.com maintains a ‘Cost of Living Extremely Well Index’ - known as the CLEWI. In 2006, the CLEWI increased by 7%, while the Consumer Price Index (CPI) rose by 4%. Why?



• Wealthy population growing | Written by Luxury Reporter Staff in Jul 2007

  The 11th annual World Wealth Report, released recently by Merrill Lynch and Capgemini, showed that the wealth of the world’s richest people has grown more than 11%.



• Wealth around the world | Written by Luxury Reporter Staff in Jul 2007

  Merrill Lynch and Cap Gemini’s World Wealth Report covers the growth in numbers of high net worth individuals around the world.