Archives: September 2008

When the Luxury Party Stopped

Posted by: Charles DuBow on September 29, Categories: Wealth Watch

Despite the biggest one day drop in the Dow since 1987, tonight in Manhattan restaurants will still be full, Town Cars will still be waiting by the curb and Champagne...

Taking to Drink: Nervous Investors Flock to Vintage Wine

Posted by: Charles DuBow on September 25, Categories: Wealth Watch

Bad times for Wall Street. Good times for wine merchants like London's Berry Bros. & Rudd. Ok--this is interesting: South African wine blog Boschendal has a post citing London's...

In Challenging Times, is Private School an Expendable Luxury?

Posted by: Charles DuBow on September 16, Categories: Wealth Watch

There are many different kinds of luxury. While the recent implosion of Lehman and the fears flooding Wall Street will hurt sales of everything from Ferraris to Fendi handbags, one...

Global Wealth Down in 2008

Posted by: Charles DuBow on September 04, Categories: Global Wealth

The extremely rich don't always get extremely richer. According to a new report from the Boston Consulting Group, global assets under management (AuM) are estimated to shrink 8% from 2007...

Is Luxury Market Coming or Going?

Posted by: Charles DuBow on September 02, Categories: Global Wealth

It's easy to see why people might be a little confused about the state of the luxury market these days. In addition to my other duties here at Businessweek.com, I...