Private Jets and the Ultra Wealthy:Profiling the average global jet owner and private aviation business opportunity in emerging regions

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The ultra wealthy enjoy a global lifestyle. Extensive domestic and international travel is often a requirement for ultra high net worth (UHNW) individuals with at least US$30 million in assets. UHNW individuals are active players in the world’s aviation market; … Read More

Affluent majority would rather spend on travel than material goods: report

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Increasingly, affluent consumers are foregoing luxury goods for travel, with 80 percent choosing an experience over an item, according to a new report from Martini Media. “The Martini Report, Volume 4: The Affluent Traveler” found that even from the year-ago, … Read More

Luxury brands including Gucci, Saint Laurent and Stella McCartney defy China slowdown with sales up 3.1%

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The slowdown in China is still hurting luxury labels but the owner of brands including Gucci, Saint Laurent and Stella McCartney put in a better-than-expected third-quarter performance yesterday with same-store sales up 3.1 per cent, writes Laura Chesters. French-based Kering … Read More

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