Consumer Behavior & Luxury Redefined - At age 25, luxury was defined by status symbols like a Patek Nautilus watch, a Porsche 911 car, and access to exclusive venues [1] - At age 45, luxury shifts towards personal well-being, including natural waking, mental clarity, physical health, and financial security [1] - The definition of luxury is evolving from material possessions to health, energy, and quality time [1]

The luxury towers are not quite the havens India’s rich had in mind. By walling themselves away, the elites secede from society https://t.co/nA7TiK3XiM ...

After upgrading their New Jersey backyard with a new $525,000 pool, a pair of New Jersey distillers moved on to a contemporary pool house, which has contemporary Italian art and its own cedar sauna cabin. Inside the $675,000 space: https://t.co/2rIFkBfwZf ...

After upgrading their New Jersey backyard with a new $525,000 pool, a pair of New Jersey distillers moved on to a contemporary pool house, which has contemporary Italian art and its own cedar sauna cabin. Inside the $675,000 space https://t.co/MNThPYbSo6 ...

Investment & Expansion - LVMH 通过其支持的私募股权公司 LC Catterton 投资 8 亿美元收购 Flexjet 20% 的股份 [1] - 这是有史以来对私人飞机公司最大的一笔股权投资 [2] - Flexjet 将利用这笔资金购买更多大型飞机并增加基础设施，尤其是在欧洲 [2] Market Trends & Customer Profile - Flexjet 的客户群体年轻化，比 7 年前年轻 10-12 岁 [3] - 客户包括 70 岁及以上的更活跃人群，以及越来越多的 40 岁左右人群 [3] - 由于商业航班体验不佳，越来越多的人选择私人飞机 [6] Financial Performance & Industry Benefit - Flexjet 预计今年收益约为 4.25 亿美元，高于去年的 3.98 亿美元 [4] - Flexjet 拥有超过 2000 名会员 [4] - 私人飞机行业将受益于新的国会支出法案，该法案恢复了奖金折旧，为飞机买家和部分所有者提供税收减免 [4] Cost Analysis - 小型 Phenom 飞机的运营成本约为每小时 6000 美元，大型 Gulfstream 飞机的运营成本高达每小时 2 万美元 [5] Partnership - Flexjet 将与 LVMH 旗下 75 多个品牌建立合作关系，使 Flexjet 更像一个豪华会员俱乐部 [2]

LVMH is expanding its reach into the private jet market with Flexjet. El Caterton, that's the private equity firm that is backed by LVMH, is leading an investment of $800 million to buy 20% of Flexjet. Flexjet, of course, based in Cleveland, will use the proceeds to buy more large jets and add infrastructure, especially in Europe, where they're seeing a lot of growth right now.LVMH's 75 brands will also help FlexJet's goal of being a true luxury experience and a community of members. Flexet chairman Ken Ric ...

One of the biggest names in luxury about to take off with a big investment in private jets. Robert Frank, the one and only who would know all about this, joins us now with more. Good morning. Good morning, Andrew.Great to see you. Well, LVMH is expanding its reach into the private jet market with Flexjet. El Caterton, that's the private equity firm that is backed by LVMH, is leading an investment of $800 million to buy 20% of Flexjet.Flexjet, of course, based in Cleveland, will use the proceeds to buy more ...

Singapore’s skyline gets a luxury boost, a Swedish packaging empire quietly builds wealth and we review one of the city’s buzziest pasta spots.That and more in the Singapore Edition newsletter. ⤵ https://t.co/jkP77teRNJ ...

The One Luxury These Billionaires Say They Can’t Live Without https://t.co/nYXNk6EUbS https://t.co/nYXNk6EUbS ...

Singapore’s skyline gets a luxury boost, a Swedish packaging empire quietly builds wealth and we review one of the city’s buzziest pasta spots. That and more in this week's Singapore Edition newsletter. https://t.co/9Zj5hR2Z9G ...