Market Trends - Chinese consumers are shifting from Western luxury brands to domestic brands [1] Competitive Landscape - Homegrown brands are challenging established players like Cartier and Yves Saint Laurent [1]

Market Trends - Chinese billionaires are now more cautious about displaying wealth through luxury purchases like private planes [1] - Rich Indians do not share the same concerns about being seen buying lavish items [1]

Market Trends - Chinese consumers are shifting from Western luxury brands to domestic brands [1] Competitive Landscape - Homegrown brands are challenging established players like Cartier and Yves Saint Laurent [1]

All right, let's talk travel. Time travel. Well, not actual time travel because that's not possible yet.But the closest thing you can come to time travel these days, and that of course, we're told, is flying by private jet. It's how the other half of the other half lives. And now, the private jet business is getting some coin from private equity.An investor group backed by luxury giant LVMH buying 20% of big private jet company Flexjet. Let's flex a little more. Robert Frank has more on what's going down at ...