Summary: Global travel is to become incrementally supportive to demand for luxury goods, not only as high end consumers shop in better conditions (mood, price…) while travelling but more importantly long term, as they are developing awareness of the brands and an appetite to own them as they become more exposed to them abroad. We [...]
Executive Summary: We are initiating coverage on seven lodging stocks with four Buy and three Hold ratings. Following two strong years of returns for lodging stocks as investors envisioned a repeat of the 2003–07 lodging cycle (see Figure 7), the sector has seen a meaningful pullback in 2011 as global economic fears have largely quelled [...]
Capgemini and Merrill Lynch Global Wealth Management are pleased to present the 2011 World Wealth Report. Our two firms have been working together for more than 20 years to study the macroeconomic and other factors that drive wealth creation and to better understand the key trends that affect high net worth individuals (HNWIs) around the [...]
How to Capitalize on the Momentum of Change
Global wealth climbed by 8.0 percent in 2010 to $121.8 trillion, or about $20 trillion above where it stood during the depths of the financial crisis. the rate of growth has slowed since the sharp turn-around in 2009 and was below the pace set during the precrisis boom–from [...]
U.S. Trust Insights on Wealth and Worth is one of the most in-depth studies of its kind to explore both the rational and emotional perspectives of the high net worth and ultra high net worth in the United States. U.S. Trust has conducted surveys of wealthy Americans periodically since 1993. Key topics covered in the [...]
Much has changed since The Wealth Report was first published by Knight Frank and Citi Private Bank in early 2007. Indeed, given the small matter of a global credit crunch and a growing number of historic political events, how could the world not be a vastly different place?
Read the newly released 2011 The Knight Frank [...]
Socialnomics by Socialnomics author Erik Qualman showcases several Social Media ROI examples along with other effective Social Media Strategies.
Highlights from our Annual Holiday Store Tour in Paramus, NJ We visited off-mall retailers Kohl’s and Target, a Bloomingdale’s outlet, and Abercrombie & Fitch, Aeropostale, American Eagle, Ann Taylor, Guess, Hollister, JC Penney, Lululemon, Nordstrom, Urban Outfitters at the Garden State Plaza Mall. Highlights include:
Issues Driving Charitable Activities among Affluent Households
The 2010 Study of High Net Worth Philanthropy, sponsored by Bank of America Merrill Lynch, offers new insights into the philanthropy of wealthy donors. Conducted by the Center on Philanthropy at Indiana University for Bank of America Merrill Lynch, this year‟s research follows an initial landmark study published through [...]
ITR Trends Report, November 2010
We have been pointing out on a regular basis that the global economy was heading toward a period of slower growth in 2011, followed by more robust ascent in 2012. Our forecast of better days ahead, particularly for late 2011 and for 2012, was initially predicated on ITR’s understanding of business [...]
The economic recession has hit luxury, as most other sectors. Many luxury brands have reeled by lack of clients and cash. Since then, many experts have predicted that post crisis luxury would be of a totally different kind. Are they correct?
An arresting , must-read report from atelier london, Luxury Trend Report 2010
Part 1 What’s going on in the luxury market
Recession created resentment of wealth
Consumers are shying away from overt displays of status
There is willingness to spend on luxury if it is toned down and genuinely deserves its luxury status
Bling was [...]
From Japan-lite stagnation in the West to sustained growth in the East…how the debt crisis is transforming the world economy.
They thought it was all over…
Whatever happened to the sunny uplands? At the end of 2009 and the beginning of this year, it appeared that the global economy was well on its way to delivering a [...]
Capgemini and Merrill Lynch Wealth Management are pleased to present the 2010 World Wealth Report.
Our two firms have been working together for more than 20 years to study the macroeconomic and other factors that drive wealth creation, and to better understand the key trends that affect high net worth individuals (HNWIs) around the globe.
The last [...]
A Global Perspective On Prime Residential Property And Wealth
Prime, prestige, luxury – all labels applied to the top end of the residential property market in different parts of the world.
While the names may differ, the desire of High¯Net¯Worth Individuals to own and invest in the best property is ubiquitous around the globe. As we discover [...]