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May 1, 2004

Buying a superyacht means buying a lifestyle. It is the ultimate luxury purchase but it need not be a tax burden – provided that you take good professional advice

Howard Callow  is general manager of private client service at Bank of Bermuda, Isle of Man. (Reprinted from Private Wealth Management 2004.)

Buying a superyacht means buying a lifestyle. It is the ultimate luxury purchase but it need not be a tax burden – provided that you take good professional advice

March 1, 2004

With frequent business flyers acknowledging that commercial airlines may no longer offer the level of service required, more and more people are turning to the concept of fractional ownership of private jets

Mark Dye is a freelance journalist and Managing Editor of Penton Europe, a media group specialising in business to business publishing.

With frequent business flyers acknowledging that commercial airlines may no longer offer the level of service required, more and more people are turning to the concept of fractional ownership of private jets

You've arrived at the airport. You were stuck in traffic on the way. And the news is about to get worse. Your flight has been delayed.

March 1, 2004

Sandy Lane in Barbados and Vail in Colorado are two luxury destinations at opposite ends of the thermometer. Both have much to offer the first-class traveller – but require a vastly different mind-set from their guests

Sandy Lane in Barbados and Vail in Colorado are two luxury destinations at opposite ends of the thermometer. Both have much to offer the first-class traveller – but require a vastly different mind-set from their guests

Vail, surrounded by world-class skiing in the Rocky Mountains, demands an active outdoor lifestyle while Sandy Lane recuperates its guests by slowing the pace to a luxurious standstill.

January 1, 2002

The business of haute horlogerie is specialised and dominated by a small number of firms. Karl-Friedrich Scheufele, Vice-President of Chopard, reveals how their family business has remained one of the leaders

When German jewellery- and watchmaker, Karl Scheufele, bought the small Chopard Swiss watchmaking firm in 1963, his intention was to develop a distinctive brand, while maintaining a tight control over the production process.

January 1, 2002

Italy is a world leader in fashion and design. However, increased global competition of the Italian fashion and design industry poses a potential threat to family dominance

The Italian fashion and design industry has overtaken France as a world leader, with an estimated 30% of the global market in luxury goods, estimated to be worth more than US$80 billion each year.

Italian fashion exports were valued at US$26 billion during 2000, an increase of nearly 15% over the previous year. Other significant export markets include Germany, France and the UK, with East European nations such as Romania emerging as new customers for the fashion giants of Rome and Milan.

January 1, 2002

Surprising realities about large family businesses in France

When the words 'family business' are mentioned, some people still think it refers to smaller companies – backward-looking firms with their roots in the past and doomed to disappear. Even though national surveys from many countries regularly suggest that four of every five business enterprises operate under family ownership and control, their predominance is perceived as exaggerated or in some way abstract. The prevalent model of 'business'– communicated by business schools and referred to in the media – is that of a large company, traded on the stock exchange, and with spread ownership.

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