Posted by Leonard Steinberg, president of URBAN COMPASS, on January 6th, 2015 Is 2015 going to be the year of the AMERICAN Oligarch? Rolls-Royce Motor Cars reported more car deliveries in 2014 than ever before in its 111-year history, marking the fifth consecutive annual sales record for the ultra-luxury brand, according to Bloomberg. The company sold… [Read More]
LUXURY LESSONS FROM ROLLS ROYCE
Posted by Leonard Steinberg on January 10th, 2014 Rolls Royce Motorcars announced its highest-ever annual sales volume, delivering 3,630 cars in 2013 in its fourth consecutive record-breaking year. That makes Rolls-Royce the best-selling automaker in the world of cars that cost more than $250,000.00 and a brand all who make ultra-luxury products should watch closely:… [Read More]
MORE PROOF OF LUXOFLATION: HERMES FOURTH QUARTER SALES SOAR 22%
Posted by Leonard Steinberg on February 11th, 2013 Hermes posted its 4th quarter results for 2012: the maker of uber-luxury, hyper-priced fashion goods and accessories showed sales increased 22%. Rolls-Royce has achieved its best sales in its 108-year history, with the world’s mega-rich buying up 3,575 Phantom and Ghost models during 2012. More evidence that the… [Read More]
IS LUXOFLATION SET TO SURGE IN 2013?
Posted by Leonard Steinberg on January 3rd, 2013 Bloomberg reported that the worlds billionaire’s net worth surged in 2012, some by as much as twenty percent. Does this imply a sharp escalation in LUXOFLATION, our measure of the pricing inflation we have identified in the super luxury markets? I think it’s very likely. Already we… [Read More]
THE ERA OF TRIMMING FAT
Posted by Leonard Steinberg on April 22, 2011 I have noticed all around us a distinct trend: fat is being trimmed in the biggest way in all arenas of our lives, including real estate. Here are my observations: 1) The New York Times reported yesterday how the desire for less bloated homes across the country… [Read More]