Luxury Daily, Aug. 14, 2025 – Travel remains top of mind for HNWIs: Altiant

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August 14, 2025

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Research

Travel remains top of mind for HNWIs: Altiant

While caution is present, affluent consumers demonstrated a willingness to maintain discretionary spending across key sectors.

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Watches and jewelry

Rolex Awards Laureate leads recycling breakthrough

The Swiss watchmaker is advancing sustainability by proxy; one of its Perpetual Planet Initiative recipients has developed a new facility that transforms plastic into viable materials.

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Commerce

Audemars Piguet acquires majority stake in Swiss watch component supplier FREE

The Swiss watchmaker is taking control of Inhotec; the manufacturer will remain operationally independent.

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Strategy

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Travel and hospitality

IHG to serve exclusive Moët & Chandon sip at US Open 2025

The hospitality group is entering its seventh year as sponsor of the competition.

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Watches and jewelry

De Beers Group finds diamond host stone in Angola

The discovery of kimberlite in the Central African nation marks the first of its kind to be found in more than 30 years.

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Automotive

Europe’s largest Porsche event draws record crowds

Enthusiasts came out in droves to share their passion for the brand at Megaphonics ’25 in Bicester, England.

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