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Awaiting Bonuses, U.K. Bankers Cherry-Pick Luxury Homes

Nov. 30, 2009
Luxury-home prices in central London rose for the first time in 17 months as bank and hedge-fund executives bought homes and apartments in anticipation of bonuses.
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Luxury goods market feeling pinched

PARIS, Dec. 30 (UPI) -- A decline in luxury goods markets has pressured several European companies to scale back on workforce or expansion plans, the companies said.

Luxury model homes set ablaze

SEATTLE, March 3 (UPI) -- Blazes firefighters label as arson Monday destroyed three of five model homes in a luxury development near Seattle, officials said.

$4 million home up for auction online

CHICAGO, Sept. 9 (UPI) -- A Chicago area couple who ran an ad agency for 30 years are turning to the internet to sell their nearly $4 million home.

Luxury market is horizontal, not vertical

STEVENS, Pa., July 9 (UPI) -- In the U.S. luxury market, the competitive landscape is horizontal with marketers competing against one another across categories, says Unity Marketing.

Luxury consumers prefer cheap china

STEVENS, Pa., July 3 (UPI) -- U.S. luxury consumers -- those with incomes $75,000 and above -- are buying seasonal, casual dinnerware to use today and throw away tomorrow.

Most luxury consumers buy cheaper goods

STEVENS, Pa., May 28 (UPI) -- Just because U.S. households with incomes of $150,000 or more have been dubbed luxury consumers, doesn't mean the consumers buy luxury items.

U.S. luxury sales rose $125 bn in 2004

BOSTON, Jan. 20 (UPI) -- U.S. luxury goods sales rose $125 billion in 2004 over 2003, the Boston Consulting Group said Thursday.

Luxury spending resistant to rate hikes

PARSIPPANY, N.J., Nov. 16 (UPI) -- Coldwell Banker of Parsippany, N.J., said Tuesday its luxury index found that luxury spending is resistant to interest rate hikes.

Luxury index rises

STEVENS, Pa., Sept. 7 (UPI) -- Unity Marketing of Stevens, Pa., said Tuesday its luxury consumption index rose to 102.7 in April from 97.8 in March.

Luxury liner QE2 fails health inspection

MIAMI, Jan. 15 (UPI) --
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa