Insights

The OnceOff Group founders are “Loving” their latest venture LovingTheSales.com

LovingTheSales.com Logo Red on Whitre Background

The entrepreneurial Mc Donnell brothers David and Micheal accompanied by co-founding partner and long term friend Mr Shane Clarke are expanding their every growing business presence online. The Brothers and Mr Clarke own the quietly successful OnceOff Group which caters to the luxury needs of HNWI in over 35 countries worldwide. The OnceOff group has significant networks in the HNW realm of society and their members hale from areas such Banking, Hedge Fund Management and new wealth created from entrepreneurial ventures. The group also has online and offline partnerships with some of the world’s most famous luxury brands such as Sunseeker Yachts and Graffe Diamonds to mention two. Now that the group has a foot hold in online luxury goods space they have made a surprising move to the broader market of online fashion with their market place for online sales. The fitting name of the new company is https://www.lovingthesales.com/...

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Global Luxury Resale Market to 2022 – Surge in the Luxury Goods E-commerce Sales

Global Luxury Resale Market: Size, Trends and Forecasts (2018-2022), provides an in depth analysis of the global luxury resale market by value, by product, by channel, by region, etc.  The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global luxury resale market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Historically, the global luxury resale market has been fragmented and dominated by small local boutiques with little consumer reach. However, the growing online luxury resale sites have completely changed the luxury resale market and the market move towards consolidation. A luxury good is defined as a good of top level both in terms of quality and price. In contrast with necessity goods, luxury goods are usually more...

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Luxurious Ecotourism: Dominica’s Storm-Torn Jungle Bay Resort Reopens Bigger and Better Thanks to Foreign Investors-Turned-Citizens

Dubbed by the media as the 'Phoenix of Dominica', beloved Jungle Bay resort has finally reopened on June 30th, four years after closing down. The popular five-star development had previously operated for ten years before Storm Erika destroyed it in 2015. It has now relocated to the western coast of the small island of Dominica, in the Mourne Acouma village in Soufriere and has already welcomed its first guests. The island has made a remarkable recovery after Hurricane Maria made landfall in 2017 and has since gone on to 'build back better' largely using money coming from foreign investors also seeking second citizenship. Jungle Bay received full funding from Dominica's Citizenship by Investment (CBI) Programme through which global individuals and, at times, their immediate relatives, invested in Jungle Bay's shares and, after being thoroughly checked for integrity and due diligence, were honoured with the citizenship of Commonwealth of Dominica. The island's CBI model is considered exemplary, with experts from the Financial Times ranking it the...

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New Gulfstream G600 Approved

The G600, aerospace firm Gulfstream's latest move to conquer the lucrative private jet market, has just been approved for service by the US Federal Aviation Authority. Flying at mach 0.9, the sumptuous craft can seat up to 19 passengers for journeys of 6,500 nautical miles — equivalent to London–Tokyo — before it needs to refuel. SPECIFICATIONS OF THE G600 LUXURY JET Max Range: 6,500 nautical miles Max speed: Mach 0.9 (690 mph) Max cruise altitude: 51,000 feet  Length: 96 feet, 1 inch Wingspan: 94 feet, 2 inches Passengers: up to 19, can sleep 9  Living areas: three, with addition rest space for cabin crew  Cockpit tech: 10 touchscreens, active sidestick control technology   Build time: two-and-a-half years  Cost: $58 million (£46 million) The craft — which is 96 feet (29 metres) long and a wingspan almost as large — sports a mirrored bulkhead in its middle to reflect as much light as possible, while the vessel's 14 28-inch-wide windows afford a panoramic view of the sky. The plane is even designed...

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Patrimony Midnight Blue Now Available

Introducing the "Midnight Blue” Patrimony. Staying true to Vacheron Constantin's expertise, classic meets elegant with this striking addition to the Patrimony collection. Housing the ultra-thin self-winding calibre 1120 QP,the sleek lines of the pink gold case highlight themidnight blue dial - unique to the Patrimony collection.  As a finishing touch the moon phase display, decorated with champlevé enamel,  evokes the beauty of a night sky. To find more here https://www.onceoff.com/product-category/timepieces/...

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Rafael Nadal’s Luxury Yacht Up For Sale

The 76-foot-long vessel, which can sleep up to eight people, was bought by the Spaniard in 2016 and named Beethoven because of his love of classical music. A luxury mini yacht once owned by Spanish tennis star Rafael Nada has been put up for sale for about US$3 million sleeps up to eight people in its four bedrooms and is ideal for big groups. It features a striking blue hull and white deck colour scheme and a full-beam master suite, VIP suite and two twin bedrooms. The MCY 76 model also has luxe grey interiors and a large outside flybridge deck, with a carbon-fibre retractable sunroof. Nadal’s mega cruiser, which was built by Monte Carlo Yachts, has a cruising speed of about 25 knots (29 miles per hour, 46km/h) and a maximum speed of 31 knots. It was reportedly bought by Nadal for £2.6 million (US$3.2 million) in 2016, but he used it infrequently. Beethoven is...

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Gucci banks on high-end gems for growth

Gucci, the luxury brand that powers most of parent Kering’s (PRTP.PA) profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a blowout fashion makeover.  Sales at the Italian label have grown at a breakneck pace since a turnaround under designer Alessandro Michele over the past three years, beating most industry rivals even as the rate of expansion slowed to 20 percent in the first quarter.  With its sights on one day overtaking peers Louis Vuitton, owned by Kering rival LVMH (LVMH.PA), or privately-held Chanel as the biggest luxury brand by revenue, Gucci is branching into new areas, including by recently rolling out cosmetics.  Its high-end jewelery venture will see it compete with heavyweights of that sector, including Richemont’s (CFR.S) Cartier and van Cleef & Arpels, with a specialized store on Paris’ historic Place Vendome.  Gucci, best known...

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Dubai Real Estate Investment Opportunities initiative

Real Estate Investment Opportunities initiative aims to attract 'a larger segment of investors, both inside and outside the UAE' Dubai Land Department (DLD) on Tuesday announced the launch of a new initiative which aims to attract a wider range of real estate investors to the emirate. Under the Real Estate Investment Opportunities (REIOs) initiative, several investment products will be launched including collective real estate investment funds, partial title deeds procedures to register units owned by a number of partners, a lease-to-own system and investment portfolio applications. A law is currently being drafted for real estate investment portfolios that is still under accreditation and review by the concerned parties, DLD said in a statement. The launch comes as Dubai witnessed an 8 percent increase in real estate transactions during the first quarter of 2019 to AED119 billion compared to the year-earlier period. DLD added that the number of active investors reached 2,800 during the quarter with...

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Dubai Real Estate Investment Opportunities Initiative

Dubai launches new initiative to open up property investment market Real Estate Investment Opportunities initiative aims to attract 'a larger segment of investors, both inside and outside the UAE. Dubai Land Department (DLD) on Tuesday announced the launch of a new initiative which aims to attract a wider range of real estate investors to the emirate. Under the Real Estate Investment Opportunities (REIOs) initiative, several investment products will be launched including collective real estate investment funds, partial title deeds procedures to register units owned by a number of partners, a lease-to-own system and investment portfolio applications. A law is currently being drafted for real estate investment portfolios that is still under accreditation and review by the concerned parties, DLD said in a statement. The launch comes as Dubai witnessed an 8 percent increase in real estate transactions during the first quarter of 2019 to AED119 billion compared to the year-earlier period. DLD added that the number...

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California’s Luxury Whiskey Brand

 Wolves Whiskey, a unique collision of luxury lifestyle and craft spirits.  Their first release is aptly titled, First Run. Here’s a look at what makes it so special, inside and out. “I wanted to sip something with my people at my house that was truly different, something you couldn’t find anywhere else,” says Jon Buscemi. “[Karakasevic] brought some special Rye to the table and blended a juice that is balanced and rich. He’s an artist.” What’s outside the glass is almost as stunning. Each bottle is wrapped in Italian sheepskin leather. It is hand cut, embossed, printed with UV light and affixed to the exterior by hand. The sturdy decanter is topped in maple wood cork.  “The idea for design was to not stray too far from what we do, since not all of us were proper whiskey drinkers by nature,” says James Bond. “We had to build it to live in something authentic...

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