Ferrari profit rises but investors cool on mixed outlook May 7, 2024 Profit at Ferrari rose by nearly a fifth in the first quarter, driven by increasing demand for bespoke personalisations.
The luxury watch market bubble has burst. What next for Rolex, Patek Philippe and Audemars? April 20, 2024 The pandemic-era boom, which saw luxury watch prices rise by 20 per cent in just the fourth quarter of 2021, is now over.
Happy hour: Green shoots for fine wine with ‘normalisation of demand’ after Covid April 14, 2024 The industry benchmark, the Liv-ex Fine Wine 100, rose by 0.4 per cent in March, the first rise in 12 months.
‘People got burnt’ the Rolex, Patek Philippe and Audemars Piguet luxury watch boom comes to an end March 30, 2024 The average price of a Rolex has fallen 8 per cent in the last twelve months to £20,768, while the average price of a Patek Philippe watch has fallen 14 per cent.
Old Masters tops list of best-performing arty assets – but luxury prices edged down February 29, 2024 All of the gains in art prices came in the first half of the year, with values sliding significantly later on, according to AMR’s All-Art Index.