Yachtmaker Ferretti Finds Salvation In China
In a time of financial crisis, prospective customers of luxury yachts no longer feel filthy rich. The solution if you’re luxury yachtmaker Ferretti? Let a Chinese company buy you. Not only is China minting brand-new millionaires daily, but the company that is taking control of its restructuring, Shandong Heavy Industry Group-Weichai Group, already makes marine engines.
The Chinese are paying 178 million euros for 75 perfect of Ferretti’s equity. Ferretti isn’t the first distressed brand to find solice in Chinese hands.
Let’s raise a glass to China for making sure that the world isn’t short on its luxury water taxis.
Source: Reuters
Related Articles
Miami’s Best Plastic Surgeon Sets a New Standard for the Facelift
Discover how Revive Surgical Institute redefines modern facelifts with natural, long-lasting results led by award-winning surgeons.
A Heated Cocktail Rivalry: The Best Bars in Boston and Seattle to Know Right Now
A look at the best cocktail bars in Seattle and Boston further heating up the rivalry between this year’s two Super Bowl cities.
Ciao, NoBe: 72 Carlyle Brings Italian Riviera Glam to Miami Beach
In Miami Beach’s North Beach neighborhood, palm-lined streets sway to the cadence of a new residential rhythm. 72 Carlyle, Lefferts’ newest luxury condominium partnership with Russell Galbut at 600 72nd Street, a refined, design-driven residence that brings the elegance of the Italian Riviera to NoBe! Rising 20 stories with 134 residences, 72 Carlyle is the […]
The Haute List: The February Must-Haves For Haute Living Editors
Haute Living’s February Haute List highlights luxury fashion, beauty, travel, and lifestyle essentials curated for the season.
GIMS Brings Palm Springs to Marrakech: Inside The Valley, the Artist’s New-Mid Century Modern Residential Project
GIMS unveils The Valley Marrakech with Horizon Morocco—a mid-century inspired villa community blending California modernism with Moroccan soul.
This Is the Closest You’ll Get to Having Tea With Timothée Chalamet
Prêt-à-Portea at The Maybourne Beverly Hills transforms 2025 red carpet looks—Timothée Chalamet included—into a fashion-forward afternoon tea.
Latest Stories
Trending Articles
Related Articles
Miami’s Best Plastic Surgeon Sets a New Standard for the Facelift
Discover how Revive Surgical Institute redefines modern facelifts with natural, long-lasting results led by award-winning surgeons.
A Heated Cocktail Rivalry: The Best Bars in Boston and Seattle to Know Right Now
A look at the best cocktail bars in Seattle and Boston further heating up the rivalry between this year’s two Super Bowl cities.
Ciao, NoBe: 72 Carlyle Brings Italian Riviera Glam to Miami Beach
In Miami Beach’s North Beach neighborhood, palm-lined streets sway to the cadence of a new residential rhythm. 72 Carlyle, Lefferts’ newest luxury condominium partnership with Russell Galbut at 600 72nd Street, a refined, design-driven residence that brings the elegance of the Italian Riviera to NoBe! Rising 20 stories with 134 residences, 72 Carlyle is the […]
The Haute List: The February Must-Haves For Haute Living Editors
Haute Living’s February Haute List highlights luxury fashion, beauty, travel, and lifestyle essentials curated for the season.
GIMS Brings Palm Springs to Marrakech: Inside The Valley, the Artist’s New-Mid Century Modern Residential Project
GIMS unveils The Valley Marrakech with Horizon Morocco—a mid-century inspired villa community blending California modernism with Moroccan soul.
This Is the Closest You’ll Get to Having Tea With Timothée Chalamet
Prêt-à-Portea at The Maybourne Beverly Hills transforms 2025 red carpet looks—Timothée Chalamet included—into a fashion-forward afternoon tea.
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