Wealth-X Quarterly Briefing Q1 2016: Luxury Sector

Luxury Sector: Quarterly Briefing Q1 2016 by Wealth-X

Wealth-X examines the global trends that impacted the ultra wealthy and the luxury sector in the first quarter.

Motivations and behaviors of the luxury consumer

The year began with turmoil in the global stock markets, which could have implications for the purchasing decisions of the ultra wealthy. “The reality is that the volatility and gyrations in the equity market may not have a tremendous impact on the ultra wealthy’s pocket books, but but it does impact them psychologically and emotionally,” Wealth-X President David Friedman said. “If you think about luxury...