Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Luxury Items

Matt Rubinger, Director of Luxury Accessories at Heritage Auctions
www.hauteliving.com

This week we've featured Matt Rubinger, the Director of Luxury Accessories at Heritage Auctions. He is the foremost specialist in the luxury goods secondary market. This Vanderbilt graduate's latest project is a boutique jewelry and designer bags …

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Men take 55% of China's luxury retail market
www.chinadaily.com.cn

For decades, women have been the bigger spenders in luxury retail globally… But in China, shopping is a man's world. According to research firm CLSA, men account for about 55 percent of China's luxury goods market, well above the global average of 40 …

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Luxury appraisal courses gain favor in China
english.eastday.com

Luxury appraisal courses gain favor among the wealthy as counterfeit goods become harder to distinguish, Xu Junqian in Shanghai reports.The record summer heat left Shanghai's famed Tianzifang, an alley usually crowded with tourists and sightseers …

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RT-Mart to launch website promoting Taiwanese luxury goods
www.wantchinatimes.com

Taiwan-funded supermarket chain RT-Mart will cooperate with Taiwan External Trade Development Council (TAITRA) to sell Taiwanese luxury items on its new shopping website following its launch in October, our sister paper China Times reports.

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New $1.9 Billion International Terminal Opens at LAX
ktla.com

Shops will include a Fred Segal boutique, a Coach leather goods store, and a branch of Italian luxury goods maker Bulgari, among other upscale options. The new gates include electrical outlets, USB ports and free Wi-Fi, items that earned notice in the …

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It's the real deal: Class explains genuine vs fake
www.chinadaily.com.cn

It's the real deal: Class explains genuine vs fake. Even in shopping malls, sales staff will replace authentic goods with high-quality fakes, according to Lin Li, a 22-year-old college student, who attended a luxury appraisal class in Shanghai. Dave …

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China's Phony War on Corruption
online.wsj.com

Demand has declined for luxury goods of all kinds, from shark fins to moutai liquor. For some officials, however, Mr. Xi's campaign is simply one more challenge to be overcome. Their new motto is "to eat quietly, to take gently and to play secretly …

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Retail Stocks to Buy Now That the Buying Binge Has Begun
moneymorning.com

The market's climb this year has given birth to a flurry of mergers and acquisitions of luxury goods retailers, including the latest rumor – the $6 billion purchase of Neiman Marcus by Ares Management and a Canadian pension plan. Neiman is currently …

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Auction of Trump condo unit to go ahead
www.thestar.com

The sale is expected to generate a lot of buzz among the world's wealthy, but more for its extraordinary lineup of collectible luxury items: a 2013 Bentley convertible with $60,000 in upgrades, two FabergĂ© eggs, $400,000 worth of rare Patek Philippe …

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