Shares of Ferrari plummeted in European and U.S. trading on Thursday, marking the luxury automaker’s worst day yet in both markets after unveiling updated guidance for earnings that fell well below analyst expectations. Key Takeaways Crucial Quote Ferrari CEO Benedetto Vigna, while discussing the automaker’s long-term guidance, said, “I think people were expecting a higher […]
Most foreign nationals have been exempt from buying property since 2018, but new government changes will make it possible for golden visa holders to do so from early 2026. New Zealand’s government revised its investment rules for golden visas in early 2025, resulting in a significant surge in interest from Americans, who currently account for […]
Knight Frank released its luxury investment index for 2023. The best-performing sector is up 11% year-on-year and increased 103% over the last decade. Whisky, wine and watches experienced exceptionally strong growth over the last decade compared to their luxury sector counterparts. And yet, the luxury segment with the highest 10-year growth – whisky – is […]