'The Great Luxury Correction': Handbags hold their own as other luxury investments slip

News

Knight Frank’s Luxury Index fell 3.3% in 2024 despite soaring financial markets.

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

Main image: "Bag of Aspirations" by Kalliopi Lemos, on display in the Yorkshire Sculpture Park, near Wakefield, UK.

Feature

The rich continue to get richer - but the UK is now home to just 2.4% of the world's high net worth individuals, according to Knight Frank's flagship annual research publication, The Wealth Report.
Views

The Editor of Knight Frank's flagship research publication, Liam Bailey, summarises some of the big trends & ideas featured in this year's Wealth Report - from American domination and shifts in global…
News

Knight Frank's index of 'investments of passion' fell for only the second time last year, despite some record-breaking sales.