Luxury – Impact Lab

Big Problems, Business, Economy, Latest Trend

Abandoned luxury cars become a big problem in Dubai

July 15, 2014

Thousands of luxury cars are being abandoned every year since Dubai’s financial meltdown.

Dubai over the last several years has been facing an unusual problem of high end sports cars being abandoned and left to gather thick layers of dust at airport parking lots and on the roadside across the city. If you’ve ever been to Dubai or anywhere in the United Arab Emirates, you will have noticed they have a serious car culture out there, with a particular preference for the latest and greatest in high-end super cars. (Pics)

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Analysis, Business, Economy, Globalism, Internet, Latest Trend

Global luxury goods ecommerce market rises by 25%

May 7, 2013

Luxury goods ecommerce soars.

The worldwide appetite for luxury goods doesn’t seem to have been slowed down by concerns about the state of the global economy, according to research released by business consulting firm Bain & Company in October 2012. In fact, total demand for luxury goods has remained very strong, with worldwide revenues estimated to have grown 10% in 2012.

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Alternative Transportation, Analysis, Latest Trend

More travelers splurging on luxury in the sky

December 16, 2011

More travelers are splurging in the air and scrimping on the ground.

A new study by American Express Business Insights finds that spending on first- and business-class airline tickets increased by 9.1% and 5.4%, respectively, in the third quarter. But on the ground, travelers spent more of their dollars — an additional 10.5% — on economy lodging vs. only 2.2% more on luxury hotel accommodations in that time.

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Alternative Transportation, Photo Perspectives, Science & Technology News

Marchi Mobile’s futuristic RV is available in the present

October 13, 2011

The eleMMent

If you are in the market for a futuristic and slightly bizarre motor home it’s check out the eleMMent. You’ll be the envy of the trailer park when you pull up in this 500 horsepower, 40-foot long monstrosity, which features a fireplace, a pop-up sky lounge with fog machine, and paint that glows in the dark. (Pics)

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Analysis, Latest Trend

Men who flaunt their luxury possessions are not the ‘marrying kind’

June 27, 2011

These men are driven by their desire to have uncommitted romantic flings.

Men who drive expensive cars or who flaunt their flashy possessions are driven by their desire to have uncommitted romantic flings according to researchers from Rice University, the University of Texas-San Antonio and the University of Minnesota. Although it may catch a woman’s attention she won’t be marrying him any time soon.

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Analysis, Business, Economy, Latest Trend, Money Talk

Gas Prices Widening Gap Between Wealthy and Everyone Else

May 19, 2011

The rich are back to pre-recession-style splurging.

A wider wedge is being driven between the wealthy and everybody else due to high gas prices. The rich are back to pre-recession-style splurging: Saks Fifth Avenue and Nordstrom customers are treating themselves to luxury items like $5,000 Hermes handbags and $700 Jimmy Choo shoes, and they’re paying full price.

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