Bulgari returns to India – 23/11/2014

Bulgari returns with all its beautiful colourful jewellery to the most colourful place on earth… India that is. Reuters reports that after a three years absence from India that the Italian jeweller has decided to return and make its presence known, firstly by opening a flagship store in New Delhi. India’s luxury market is

Wealth is on the way up – 20/11/2014

The Wealth-X and UBS World Ultra Wealth Report 2014 has been released this week which shows that 12,040 new ultra high net worth (UHNW) individuals were minted this year, pushing the global UHNW population to a record 211,275, a 6 per cent increase from 2013. What classifies one as a UHNW individual? According to wealthx.com,

Burberry profit continues to drop – 18/11/2014

Last week Burberry released their interim results for the first half of fiscal 2015, the six-month period that ended September 30, which turned out not to be the brand’s best. Whilst revenues grew by 7 per cent at the historic British luxury brand, Burberry’s profit margin dropped from 16.8 per cent to 13.8 per