EXCLUSIVITY, legacy, heritage, and wealth – these are just some of the hallmarks that make up the world of luxury investments. From designer luxury handbags, premium whisky, watches, art, and even sneakers – some may argue the luxury investment market has become an art in and of itself.
What is clear, however, is that it is a market on the rise in South Africa – and is one that can pay off in the long-run. Nevertheless this is not a new concept, as it was accurately predicted as a burgeoning niche investment “class” in a report by multinational company, Deloitte, back in 2015.
What could not have been predicted, however, would be the market’s resilience irrespective off a global pandemic, the current global economic headwinds, geopolitical strife, rising inflation and…