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Luxury recovery, billionaires, London real estate and cars – News briefs

Image courtesy of Michael Kors Image courtesy of Michael Kors

 

Today in luxury marketing:

Cock-a-doodle-doo: Year of the Rooster sees China luxury rebound

This is the Year of the Rooster, which in the Chinese zodiac is also seen as exorcising evil spirits. And the New Year already seems to be working its magic on the luxury sector, which is beginning to see a rebound at last, according to Women's Wear Daily.

Click here to read the entire article on Women's Wear Daily

Who will listen to a billionaire’s troubles?

Who doesn’t want to be a billionaire? A millionaire, even? Think of all the troubles that would simply melt away, says The New York Times.

Click here to read the entire article on The New York Times

Luxury London home sales at risk as wealthy shun UK visas

The number of wealthy people granted investor visas to live in the U.K. fell by more than 80 percent last year from the peak in 2014, a sign that luxury home sales in the capital may slump further, reports Bloomberg.

Click here to read the entire article on Bloomberg

Money can buy a luxury car, but many rich Americans would still rather have a pickup truck

The rich are just like everybody else, at least according to their car purchases, per Quartz.

Click here to read the entire article on Quartz