Bling Is Back
It’s about dang time.
With spending considered taboo for the past year, America’s affluent had been made to feel guilty for spending. According to a flood of reports, however, spending is back thanks to the “luxury recovery” brought on by an even more stabilized market.
According to Bain & Co, sales of luxury goods worldwide hit a record $228.5 billion in 2007 before the crash. Last year, sales plunged to $205 billion and this year they may rise 1.3%, Bain says. Once the stock market rebounded and capital markets stabilized, the wealthy felt rich and secure enough to spend again, reports The Los Angeles Times.
Gone are the days of shame walking into Neiman Marcus or Rolls-Royce dealerships. Bring on the spa appointments, safaris and aircraft purchases. Spending is back!
Related Articles
Nadia Ferreira Shines As Official Co-Host Of Premio Lo Nuestro 2026 On Univision
At this year’s Premio Lo Nuestro 2026, Nadia Ferreira officially stepped into a new era. Making her debut as an official co-host of Premio Lo Nuestro, Ferreira lit up the stage in a live broadcast seen by millions worldwide. Confident, charismatic, and effortlessly poised, she brought warmth and high-glamour energy to one of Latin music’s […]
Alinea’s 20th Anniversary Tour Lands at Bellagio Las Vegas for Limited Residency
Alinea, the iconic Chicago restaurant led by Grant Achatz, brings its 20th Anniversary Tour to Las Vegas this spring.
A Seat at Jean-Georges’ Table: Inside the Most Coveted Dinner of South Beach Wine & Food Festival
During the height of the South Beach Wine & Food Festival frenzy, tucked away from the festival’s high-energy swirl, a seat at Jean-Georges’ table wasn’t about flash. It was about intention. Hosted by Jean-Georges Vongerichten and Terra CEO David Martin, the intimate seated dinner offered a first taste of what’s to come at Jean-Georges Miami […]
Camila Coelho Joins So They Can as Global Ambassador, Turns Birthday Into Mission for Girls Education in Africa
Camila Coelho launches birthday fundraiser as Global Ambassador for So They Can to build a girls dormitory in Africa.
How Crypto Platforms Are Turning Education Into a Wealth-Building Engine for Young Investors
How crypto platforms are investing in financial literacy to empower Gen Z and drive sustainable digital asset adoption worldwide.
Gioia Hospitality Group’s Daniel’s Miami Hosts the Rare Tour 2026 Featuring Laia and Casa Julián February 26–28
Daniel’s Miami hosts The Rare Tour 2026 with Laia and Casa Julián for a rare six hands steak residency Feb 26–28.
Latest Stories
Trending Articles
Related Articles
Nadia Ferreira Shines As Official Co-Host Of Premio Lo Nuestro 2026 On Univision
At this year’s Premio Lo Nuestro 2026, Nadia Ferreira officially stepped into a new era. Making her debut as an official co-host of Premio Lo Nuestro, Ferreira lit up the stage in a live broadcast seen by millions worldwide. Confident, charismatic, and effortlessly poised, she brought warmth and high-glamour energy to one of Latin music’s […]
Alinea’s 20th Anniversary Tour Lands at Bellagio Las Vegas for Limited Residency
Alinea, the iconic Chicago restaurant led by Grant Achatz, brings its 20th Anniversary Tour to Las Vegas this spring.
A Seat at Jean-Georges’ Table: Inside the Most Coveted Dinner of South Beach Wine & Food Festival
During the height of the South Beach Wine & Food Festival frenzy, tucked away from the festival’s high-energy swirl, a seat at Jean-Georges’ table wasn’t about flash. It was about intention. Hosted by Jean-Georges Vongerichten and Terra CEO David Martin, the intimate seated dinner offered a first taste of what’s to come at Jean-Georges Miami […]
Camila Coelho Joins So They Can as Global Ambassador, Turns Birthday Into Mission for Girls Education in Africa
Camila Coelho launches birthday fundraiser as Global Ambassador for So They Can to build a girls dormitory in Africa.
How Crypto Platforms Are Turning Education Into a Wealth-Building Engine for Young Investors
How crypto platforms are investing in financial literacy to empower Gen Z and drive sustainable digital asset adoption worldwide.
Gioia Hospitality Group’s Daniel’s Miami Hosts the Rare Tour 2026 Featuring Laia and Casa Julián February 26–28
Daniel’s Miami hosts The Rare Tour 2026 with Laia and Casa Julián for a rare six hands steak residency Feb 26–28.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events