Today in luxury marketing:
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.
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.
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.
The rich are just like everybody else, at least according to their car purchases, per Quartz.