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Taxing the Wealthy: A New Era of ‘Collective Philanthropy’?
The ‘death’ of certain tax havens, debates on ‘tax flight’ and a few outspoken billionaires volunteering to pay higher taxes have some in the luxury industry in a tizzy – but how relevant is it all?
Executive Aviation’s New Highs & New Lows
Like in so many other sectors of the luxury industry, the private aviation market seems to be going through a phase of extremes
Robert Gaymer-Jones, CEO, Sofitel
Sofitel’s Worldwide CEO Robert Gaymer-Jones tells us why he shuttered scores of hotels to get the brand’s positioning right and why even the Arab Spring uprising doesn’t deter his upcoming…
News & Clues about China’s Online Luxury Boom
From studies on how the wealthy use social media to the imminent explosion of new luxury e-commerce sites like Sina Shepin, this week’s headlines were all about China’s web reality
Yacht Makers Point to Shipyards Further East and South
From Brazil to Brunei, could the future of yacht manufacturing be in places where people once only bought big boats – or used to dream of owning one?
Paris Couture: Brandishing Both Confidence and Confusion
Critics singled out two extreme themes from this season’s roster of fall/winter collections and they say a lot about the business of couture
Paris Air Show Reveals Asia’s Growing Prowess and Progress
Airlines in Asia and the Middle East are upping the ante of luxury air travel through several enhancements to the first class and business cabins of their aircrafts
What Prada’s IPO Says about the Bigger Picture
A shifting of the centre of gravity toward Asia is just one of many insights to be garnered from the company’s recent flotation in Hong Kong
The Enigma of China’s Newly Cosmopolitan Consumer
By virtually anyone’s account, there is only one way for most of China’s wealthy citizens to go and that is up, up and up – but could there be challenges ahead?