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Yoga Clothing Market is estimated to surge at a CAGR of 7.8% to reach US$ 70,291.0 Million by the end of 2030

Yoga Clothing Market is estimated to surge at a CAGR of 7.8% to reach US$ 70,291.0 Million by the end of 2030

PORTLAND, OREGON, UNITED STATES, February 14, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Yoga Clothing Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global yoga clothing market size is expected to reach $70,291.0 million by 2030 at a CAGR of 7.8% from 2021 to 2030.

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Yoga is a combination of spiritual, physical, and mental discipline originated in India. It is a holistic discipline based on an extremely subtle science, majorly focusing on bringing harmony between body and mind. Yoga is well-known for promotion of health, management, disease prevention, of many lifestyle-related disorders. In addition, practicing yoga improves strength, flexibility, breathing & lung capacity, and posture. It thus aids in managing anxiety, stress, depression, and other chronic diseases. The rising awareness regarding the mental and physical health benefits of practicing yoga is compelling the population to increasingly join yoga classes, thereby increasing the number of yoga participants. The rising number of yoga participants is a significant driver of the global yoga clothing market.

The yoga clothing market growth is propelled by alarming surge in incidence of obesity and health-related diseases. In addition, consumers are increasingly following fitness practices such as yoga and are engaged in purchasing accessories for the same such as yoga clothing, blocks, and yoga mats, which boost the growth of the global yoga clothing market. Furthermore, governments of various countries and yoga & fitness clubs have been actively engaged in promoting yoga worldwide, which has resulted in increased awareness of benefits of yoga globally. For instance, the Indian Prime Minister Narendra Modi proposed the idea of International Yoga Day at United Nations General Assembly (UNGA) in 2014. This encouraged people worldwide to practice and get involved in yoga and Pilates. Moreover, in 2016, the Indian Prime Minister asked his ministers to make Yoga a mass movement. All these factors collectively are anticipated to increase the number of yoga practitioners, which, in turn, will propel the demand for yoga clothing, thereby driving the growth of the global yoga clothing market.

According to the global yoga clothing market analysis, the market is segmented on the basis of product type, end user, and distribution channel. On the basis of product type, the market is segregated into top wear and bottom wear. On the basis of end user, it is classified into men and women. On the basis of distribution channel, the yoga clothing market is segmented into supermarkets/hypermarkets, specialty stores, e-commerce, and others.

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On the basis of region, the yoga clothing market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, Netherlands, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

According to the yoga clothing market forecast, on the basis of product type, the top wear segment is expected to be the fastest-growing segment owing to the growing number of yoga practitioners owing to the rising prevalence of obesity among the global population. Upsurge in investment in R&D to enhance characteristics, usability, effectiveness, and comfort of yoga clothing is anticipated to propel the market growth.

On the basis of the end user, the women segment accounted for 60.9% of the overall market share. The increased awareness among the women regarding the body aesthetics is propelling the women participation in yoga. Further, female celebrities such as Kim Kardashian, Demi Moore, Madonna, Shilpa Shetty, Kareena Kapoor, and Bipasha Basu encourages the female population to indulge in yoga activities.

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Players operating in the yoga clothing market have used a variety of developmental strategies to expand their market share, exploit the yoga clothing market opportunities, and boost market profitability. The key players profiled in this report include Nike, Puma, Asics, Under Armour, Inc., Adidas, Lululemon Athletica, Manduka, Prana, Hugger Mugger, and Aurorae Yoga, LLC.

Key findings of the study

The yoga clothing market was valued at $33,680.0 million in 2020, and is estimated to reach $70,291.0 million by 2030, growing at a CAGR of 7.8% during the forecast period.

By product type, the bottom wear segment is estimated to witness the fastest growth, registering a CAGR of 8.1% during the forecast period.

In 2020, depending on end user, the women segment was valued at $20,520.7 million, accounting for 60.9% of the global yoga clothing market share.

In 2020, the U.S. was the most prominent market in North America, and is projected to reach $5,855.5 million by 2030, growing at a CAGR of 6.4% during the forecast period.

Related Reports:

Yoga Market https://www.alliedmarketresearch.com/yoga-market-A06967

Sports Apparel Market https://www.alliedmarketresearch.com/sports-apparel-market

Sports Equipment and Apparel Market https://www.alliedmarketresearch.com/sports-equipment-and-apparel-market

Swimwear Market https://www.alliedmarketresearch.com/swimwear-market

Tracksuit Market https://alliedmarketresearch.com/tracksuit-market-A13056

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Shabir Hussain Ceo , SHAM LUXURY PROPERTIES London, England, United Kingdom

Shabir Hussain CEO & FOUNDER, SHAM LUXURY PROPERTIES London, England, United Kingdom

Shabir has years of experience in Banking, Corporate Purchasing and Real-Estate, having held positions at BNP Paribas, Fam Properties and Birmingham City Council.

When he saw there was a Demand, he didn’t wait for the opportunity he created it and became that bridging gap between the UK and UAE to serve investors.

The GLOBAL strategist

The market today

SHAM | EDITION VISION & VALUES

Our team has a great interest in focusing on key developing regions, that have a low supply and a high demand for property. Secondly, our focus is on London, Birmingham and Manchester as these are the top three cities with outstanding universities for the international clients to generate a lucrative return. We also provide Bespoke Residential Apartments in Dubai, built to impress with the unique designs and architecture overlooking the breath-taking views. These signature developments add value to our investor’s portfolios.

Moreover, we are that bridging gap between the buyer’s and the sellers worldwide, we make the possible happen, and facilitate the most important transaction with integrity.

Our team are highly driven and do things that other people are afraid to do, to win in the market. We have partnered up with several recognized developers in the United Kingdom and United Arab Emirates, serving clients to buy and sell the most luxurious properties with peace of mind.

FREQUENTLY ASKED QUESTIONS BY INVESTORS

Subsequently, with all the issues the world has been facing since the Global Pandemic, Investors are keen to ask questions about the condition of the market before making any decisions. The most common question I get asked is “when to invest”, well, my answer is, “there is not a Golden time to invest.

The best time to buy is in a low market, which enables you to minimize your risks, while maximising your upside potentials and most importantly to factor your exit strategy in place, this allows you to maximise your returns.

This can only be done right, if the investment advisor has made an educated decision in sourcing, reviewing and structuring the deal, in a way that will benefit your investment.

HOW RESILIENT WAS THE UK REAL ESTATE MARKET BEFORE COVID 19

As you all know the UK market is one of the strongest markets in the world, attracting thousands to invest in prime areas. In 2019 the national housing price growth come to a standstill due the lack of supply, this was a positive for landlords as the rental growth saw a slight increase during 2019 due to declining availability of homes to let. So, this just shows there was a Supply vs Demand issue that we were facing.

The private rents in London on average rose by 0.9% in nominal terms in the year to June 2019 (ONS). This is up from -0.2% in June 2018 and marks seven consecutive months of positive nominal rental growth.

DID THE PANDEMIC IMPACT THE REAL ESTATE MARKET

 

The whole world was on a standstill and the property prices fell sharply after the onset of COVID-19 when the ockdown measures restricted the completion of property transactions.However, they quickly recovered, reaching a new record peak by November 2020.

These increases were mainly driven by the policies introduced early on to support businesses, household incomes and the housing market. These boosts to demand interacted with the decades- long under supply of housing – exacerbated by even worse than usual construction levels in Q2 2020.

Movement restrictions introduced in the second quarter of the year followed by the gradual easing of restrictions and the subsequent introduction of a property transaction tax holiday in July 2020 (which was due to run until March 2021) have made 2020 an unusual year in the housing market.

HMRC estimates pointed towards a 14.9% yearon-year increase in UK residential property transactions over 2021-22 (1,374,050), with annual volumes reaching their highest level since 2007- 08 (1,473,950) and year-on-year growth in the post-financial crisis era surpassed only by that in 2013-14 (22.8%).

Despite transaction volumes contracting for three consecutive quarters through Q4 2021, from the record high of Q2 2021 and as a combination of temporary stimulus support being wound down and exponential growth in house prices pressured affordability for many, quarterly transaction volumes remained both above or in line with the long-term average, and above levels recorded during the lockdown nadir through near-term post-lockdown recovery period.

shabir-hussain ceo sham luxury properties

Shabir-hussain Ceo Sham Luxury Properties

WHAT’S HAPPENING IN THE MARKET NOW

As a result of the fall and the subsequent recovery of London rents during the pandemic, annual increases in average asking rents were at a high of 15.8% in the second quarter of 2022, with Rightmove recording the highest annual growth ever in any region.

Demand for private rental homes remains above supply in London and there are signs that both supply and demand are continuing to increase slowly, despite reports of many landlords considering leaving the market.

According to the House Price Index from the ONS, London house prices rose by 7.9% over the year to April, up from 4.9% annual growth in March. The average house price was highest in
Kensington & Chelsea at £1.5 million, and lowest in Barking & Dagenham at £336,000.

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AUDI AG
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Markus Duesmann, CEO of AUDI AG

Markus Duesmann, CEO of AUDI AG

Chairman of the Board of Management and Board of Management Member for Product Lines at AUDI AG
  • Markus Duesmann was born on June 23, 1969 in Heek, North Rhine-Westphalia. In 1991, he completed his studies of mechanical engineering at Muenster University of Applied Sciences with a degree in engineering.
  • He began his career in 1992 as a design engineer for a V12 series-production engine at Mercedes-Benz in Stuttgart. In 1995, he moved to the development service provider FEV GmbH in Aachen, where he held various positions, the last of which was head of the engine mechanics division.
  • In 2004, he took over the position of main department manager for new diesel engines at DaimlerChrysler AG in Stuttgart, and in 2005 became head of Formula 1 development at Mercedes-Benz in Brixworth in the United Kingdom.
  • In 2007, Markus Duesmann moved to BMW AG as head of Formula 1 powertrain. After holding several responsible positions at that company, he was Board of Management Member for Purchasing and Supplier Network at BMW AG from October 2016 until July 2018.
  • The Supervisory Board of AUDI AG appointed Markus Duesmann as Chairman of the Board of Management of AUDI AG effective April 1, 2020. Moreover, he is entrusted with responsibility for the China business and with Board of Management responsibility for Product Lines at AUDI AG. Markus Duesmann has also been a member of the Board of Management of the Volkswagen Group since April 2020 and in this function heads the Premium Brand Group with Audi, Bentley, Ducati and Lamborghini.
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financial assets swatch group
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SWATCH GROUP: KEY FIGURES 2022

SWATCH GROUP: KEY FIGURES 2022

Ad hoc announcement pursuant to Art. 53 of the Listing Rules
  • Net sales of CHF 7 499 million, +4.6% to the previous year at constant exchange rates, or +2.5% at current rates.
  • Sales growth of 25% in local currencies in all regions, with the exception of China, where Covid lockdowns resulted in sales shortfalls of over CHF 700 million.
  • The MoonSwatch is a best seller, with over 1 000 000 watches sold. Ongoing high demand, including in January, in the approximately 180 stores which exclusively offer the MoonSwatch.
  • Operating profit of CHF 1 158 million (previous year: CHF 1 021 million).
    Operating margin of 15.4% (previous year: 14.0%).
  • Net income of CHF 823 million (previous year: CHF 774 million).
    Net margin of 11.0% (previous year: 10.6%).
  • Operating cash flow of CHF 724 million (previous year: CHF 1 298 million); lower versus previous year, mainly due to precautionary increase in safety stock.
    Free cash flow1)  of CHF 342 million (previous year: CHF 1 033 million).
  • High net liquidity2) of CHF 2 540 million (previous year: CHF 2 558 million).
  • At its next meeting, the Board of Directors will decide on the dividend proposal to the Annual General Meeting.
  • In view of the strong position of the Group brands in all segments worldwide and the robust numbers in January for Mainland China, the Group aims to achieve a record year in 2023.
financial assets swatch group
financial assets swatch group

OUTLOOK 2023

Group Management anticipates strong sales growth in 2023 in all regions and segments. After the end of Covid measures, consumption quickly recovered, not only in China, but also in the surrounding markets of Hong Kong SAR and Macau. In addition, lifting of travel restrictions in China will revitalize sales in tourist destinations. The sales growth in January in China reinforces the Group’s expectation to aim for a record year in 2023.

1) Cash flow from operating activities minus cash flow from investing activities (without financial assets and securities)
2) Cash and cash equivalents as well as financial assets, securities and derivative financial instruments minus current financial debts and derivative financial liabilities

 

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Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A
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Automobili Lamborghini 2022: a record year

Automobili Lamborghini 2022: a record year

  • The Sant’Agata Bolognese-based company continues on its growth path, achieving yet another sales record delivering more than 9,000 cars

In terms of numbers, Automobili Lamborghini continues to break records and also for 2022 saw the best sales figures ever. In fact, the company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, remarked: “Our trend of growth and development continues, and this shows that our direction is sound and our choices are on the mark. This is the product of well-defined collective assessments that can produce consistent and concrete results. We have been able to carefully and meticulously manage an extraordinary order intake, pursuing a clear strategy with the primary objective of maintaining controlled growth to protect the exclusivity of our brand. 2023 is going to be a year of challenges and changes that we are ready to confront by always pushing ourselves beyond. We now have the opportunity to focus on our next objectives also thanks to an 18-month waiting list, which enables us to look to the future and the upcoming goals with confidence.”

A further acceleration of this trajectory will take place in 2023, when the first hybrid cars will be produced and Lamborghini enters the second phase of our Direzione Cor Tauri program: a strategic roadmap unveiled in 2021 that involves the highest-ever investment in the company’s history (1.8 billion euros over five years) delivering the hybrid transition and subsequently the transition to fully-electric vehicles.

In all macro-regions the sign was clearly positive, maintaining a homogeneous and consistent distribution, with Asia registering +14%, followed by America with +10% and finally EMEA with +7% compared to 2021. Sales, in almost all key markets, broke all records. This was also thanks to the high reputation the brand enjoys internationally, with the number of dealers increasing from 173 to 180 in just one year and with a presence in 53 different countries.

The United States remains in the top spot (2,721 cars delivered, up 10% over the previous year), followed by Chinese Mainland, Hong Kong & Macau (1,018 cars delivered, up 9% over the previous year), Germany (808 cars delivered, up 14% over the previous year), United Kingdom (650 cars delivered, up 15% over the previous year) and Japan (546 cars delivered, up 22% over the previous year).

In terms of models, the Urus1 Super SUV’s success is confirmed (5,367 units delivered, up 7% over 2021), followed by an impressive increase of the Huracán2 (3,113 units delivered, up 20% over 2021) and the Aventador3 with 753 units delivered, reaching the end of its production in September 2022.

In terms of product, 2022 was a year full of news, starting with the launch of the Huracán Tecnica in April, which consolidates the level of expertise Lamborghini has achieved in the field of design and engineering. The V10-powered rear-wheel drive car condenses the fun and driving dynamics of a Huracán STO into a new, sleeker look suitable for everyday use with the addition of aerodynamic enhancements aimed at boosting performance, stability and ease of use on both road and track. November saw another V10 unveiling of the Huracán Sterrato, the first super sports car designed to offer the ultimate driving pleasure away from conventional roads on loose surfaces, in a totally unique combination.

Last year was also a very important one for the Urus Super SUV, with the entry of two brand new models. At The Quail, A Motorsports Gathering event held in California in August, Automobili Lamborghini unveiled the all-new Urus Performante, which highlights sportiness and performance by focusing on a design that showcases its incredible capabilities on the road, on the track, and on loose surfaces. The new Super SUV boasts a power of 666 hp and a weight reduction of 47 kg, earning it a best-in-class weight-to-power ratio of 3.2. The Urus Performante also broke the record for a production SUV on the Pikes Peak International Hill Climb track, setting the best time ever with 0 to 100 km/h acceleration in just 3.3 seconds and a 100 to 0 km/h braking distance of 32.9 m. In September 2022, Automobili Lamborghini introduced to the market the Urus S, the latest successor to the Urus. The Urus S offers more power combined with unprecedented versatility and design, consolidating the Super SUV concept in the luxury car segment. Its twin-turbo V8 engine delivers a power of 666 hp4, equaling that of the Performante but introducing specific sophisticated refinements in the design, with a significant increase in options in terms of colors and finishes for wheels, style packages, and interior and exterior details.

The past year was also a time of great success in terms of the awards received by the House of Sant’Agata. Some of the most significant recognitions concern employees and HR activity, such as the Italy Top Employer, received for the ninth year in a row and attesting to the best corporate welfare practices that have been promoted for years by putting people at the center of the business. In the sphere of human resources, another recognition came from IDEM certification, as the first company certified in the automotive sector in Italy for its commitment to gender equality. In November 2022, the company also renewed its DESI project (Dual Education System Italy), now in its fifth year, designed to train young students with the goal of developing them into qualified technicians for the Motor Valley technology district and Lamborghini itself.

Participating students have the opportunity to acquire highly qualified and innovative technical and professional skills, as well as earning a five-year vocational education diploma thanks to the combined approach of theoretical classroom lessons and in-company learning experiences.

Automobili Lamborghini also had the great satisfaction of having received, for the second year in a row, the “Green Star Award”, which recognizes the company’s commitment to sustainability.

In light of the many initiatives, investments and efforts the company puts into practice daily to improve the quality of the planet, this award recognizes it as among the most sustainable companies in Italy.

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BRAND FINANCE Sustainability Perceptions Index 2023
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BRAND FINANCE Sustainability Perceptions Index 2023

BRAND FINANCE Sustainability Perceptions Index 2023

World’s Biggest Brands Could Stand to Lose Billions from Poor Management of ESG Perceptions

·       First of its kind study places value on brands’ reputation for sustainability

·       Amazon tops the table with a sustainability perceptions value of $19.9bn

·       Tesla is seen as one of the most sustainable brands, with sustainability driving 26.9% of value for the EV manufacturer

A first of its kind study has revealed the financial value of sustainability perceptions of the world’s biggest brands. The Brand Finance Sustainability Perceptions Index, released today in association with the International Advertising Association at the World Economic Forum in Davos, reveals that major global brands such as Amazon, Tesla, Apple and Alphabet each have billions of dollars contingent on carefully managing a reputation for commitment to sustainability.

Amazon has the most at stake with a sustainability perceptions value of US$19.9 billion. Other notable brands at the top of the ranking include Tesla (US$17.8 bn), Apple (US$14.65 bn), and Google (US$14.6 bn).

Brand Finance Strategy and Sustainability Director Robert Haigh commented, “For the first time, companies can now see the financial value that is tied to a reputation for acting sustainably. Whether they are seen as sustainability champions or not, the world’s biggest brands have hundreds of millions of dollars’ worth of value contingent on how sustainable they are perceived to be”

Dagmara Szule, Managing Director, IAA Global commented, “We see this as an incredibly potent tool to incentivize action in line with the UN SDGs and wider aims of the UNGC. By highlighting the financial value that is contingent on sustainability perceptions, we hope to harness businesses’ profit motive, moving them past the point where they see sustainability as a ‘hygiene factor’, to a point of rapid, concerted action.”

As part of the analysis, Brand Finance determines the relative importance of sustainability as a driver of value for brands. This relevels that Tesla is particularly financially reliant on sustainability perceptions. 26.9% of Tesla’s brand value is associated with a reputation for sustainability.

In fact, the Luxury Autos sector accounted for a number of brands that performed extremely well in terms of sustainability perception, such as Porsche and Mercedes-Benz. The research has revealed the important role of sustainability perception in driving choice amongst consumers in the sector, reflected through an average driver score of 22.9%.

Mr Haigh continued, “It might seem counterintuitive that brands associated with high fuel consumption are so reliant on a reputation for sustainability. However our research has found that at the premium end of all sectors, sustainability plays a powerful role. In luxury auto, where the purchase is discretionary and the brand is publicly expressed, the role of sustainability is further enhanced.”

As part of the analysis, Brand Finance also evaluated how sustainable each brand is perceived to be, allocating a ‘Sustainability Perceptions Score’. This strips back the impact of revenues to see which brands consumers think are the most committed to sustainability. Tesla, IKEA and Patagonia performed well across a wide range of markets. Lush and The Body Shop scored very highly in the UK. In France, Yves Rocher and tyre brand Michelin stood out, while Brazilian cosmetics giant Natura scored highly in its home market.

Further Brand Finance research revealed consumers are typically fairly trusting of brands’ sustainability related communication, with 62% believing claims about sustainability made by brands. However, 79% of consumers also said that they had reduced their use of a brand having discovered it was acting in an unsustainable way, reinforcing the imperative for brands to communicate clearly, authentically and accurately.  

Robert Haigh concluded, “Failing to communicate clearly about ESG topics puts value at risk. Consumers are relatively trusting of sustainability claims, and clearly value brand’s commitment to sustainability, so under-communicating or ‘green-hushing’ is a missed opportunity. On the other hand, communication must be authentic and supported by action, because over-claiming or ‘greenwashing’ exposes the business to hundreds of millions of dollars of reputational damage.”

View full report

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Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Hamburg, 1st February 2023. Engel & Völkers, the leading platform for real estate agents, reports Group commission revenues of 1.2 billion euros for the 2022 financial year. Real estate worth a total of approx. 39 billion euros was brokered worldwide.

“Despite the onset of a cooling-off period on the real estate market, our turnover performance matched that of the previous year, in excess of 1.2 billion euros. We were also successful in driving international expansion forward in our core markets and increasing the number of agents working under our brand,” says Sven Odia, Global CEO of Engel & Völkers, continuing: “In the current market climate, expertise, experience and professionalism are key differentiators when it comes to strengthening client loyalty and gaining even greater market share. In the second half of 2022, we saw that sellers are particularly drawn to us for our elaborated specialist knowledge, as well as for the intensive personal support we provide when brokering their properties. They also trust in our brand, which has been globally established. In 2023, we intend to invest even more in the training of our real estate agents and the expansion of our digital technology platform – in order to provide our clients with the best possible advice, especially during periods of crisis.”

Real estate as an anchor of stability

“The war in Ukraine and its ramifications in the form of a shortage of raw materials, the energy crisis, and rising inflation and mortgage rates meant that 2022 brought along a special set of circumstances that still continues. This mood of uncertainty led, in turn, to a certain reluctance to buy in some of our markets,” says Sven Odia. He goes on to say: “There is still a high demand for real estate however – as a safe haven and a capital investment that provides dependability in terms of value retention. Properties are seen as an anchor of stability, especially in the premium segment, and used as an attractive method of protecting assets in the long term.” Between January and December 2022, Engel & Völkers closed 10 percent more real estate transactions in the uppermost segment of properties worth in excess of 10 million euros.

Alongside the Group’s stable revenue performance, the number of real estate agents is growing continuously. In 2022, more than 1,000 agents and 53 shops joined the platform worldwide. “We offer them a global and renowned brand, an international network, and a superb platform that harnesses the very latest technologies. This offer will continue to attract many market experts in the future, which in turn will take the Group’s ongoing professionalisation to the next level. We are cautiously optimistic about developments in this coming year,” Sven Odia concludes.

ENGEL & VÖLKERS
Engel & Völkers GmbH
Global Corporate Communication Team
Vancouverstraße 2a
20457 Hamburg
Germany
T: +49 40-36 13 11 20

About Engel & Völkers: Engel & Völkers is one of the world’s leading service companies specialised in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. For over 40 years now, the wishes and needs of private and institutional clients have had top priority, giving rise to the ongoing development of a range of services relating to all aspects of real estate. Sales and leaseholds, as well as consultancy for various investment opportunities in the real estate segment are among the core competencies of more than 16,500 people operating under the Engel & Völkers brand. The company is currently operating in over 30 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the company’s success. Engel & Völkers develops digital tools and IT products on an ongoing basis, in order to keep its service as efficient as possible. In doing so, the company is setting new standards in digital solutions for property brokerage. www.engelvoelkers.com

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Grant Dalton, Emirates Team New Zealand CEO
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Italian brand SLAM becomes Official Apparel Supplier to America’s Cup Defender Emirates Team New Zealand

La marca italiana SLAM se convierte en proveedor oficial de indumentaria de America’s Cup Defender Emirates Team New Zealand

La marca italiana de ropa de navegación de alto rendimiento SLAM ha unido fuerzas con el cuatro veces ganador de la America’s Cup, el Emirates Team New Zealand, en la preparación de la 37.ª edición del icónico evento en Barcelona el próximo año.

Grant Dalton, Emirates Team New Zealand CEO

Grant Dalton, Emirates Team New Zealand CEO

SLAM, una marca global que se fundó en Génova en 1979, se sumará a la campaña de Nueva Zelanda como proveedor oficial de indumentaria mientras el equipo prepara su defensa de la America’s Cup en octubre de 2024.

Emirates Team New Zealand defendió con éxito la America’s Cup en Auckland en 2021 después de haber ganado previamente la competencia deportiva internacional más antigua del mundo en 1995, 2000 y luego nuevamente en 2017.

SLAM cambió de manos en 2021, fue comprada por VAM Investment Group y se embarcó en un nuevo viaje de alto perfil con el regatista campeón del mundo Enrico Chieffi a la cabeza como director ejecutivo y un fuerte enfoque en ropa de navegación de clase mundial técnicamente innovadora y de alto rendimiento.

El Emirates Team New Zealand defenderá la America’s Cup contra los ganadores de la Challenger Series, que será disputada por cinco equipos ultracompetitivos: el INEOS Britannia del Reino Unido dirigido por el multicampeón olímpico Sir Ben Ainslie; los dos veces ganadores de la Copa de Suiza Alinghi Red Bull Racing; el equipo italiano Luna Rossa Prada Pirelli dirigido por Max Sirena como director y patrón del equipo; American Magic dirigido por Terry Hutchinson con los ganadores de la medalla de oro olímpica Tom Slingsby y Paul Goodison; y el K-Challenge francés liderado por Stephan Kandler.

Enrico Chieffi, director ejecutivo de SLAM
El CEO de Emirates Team New Zealand, Grant Dalton, dijo: “SLAM ha demostrado su estrategia clara y positiva al trabajar para convertirse en una de las mejores marcas de ropa de navegación de alto rendimiento del mundo y todos nosotros en Emirates Team New Zealand esperamos trabajar junto a ellos en eso”. misión.

“Somos un equipo de más de 100 personas en una amplia gama de roles vitales, desde ingeniería hasta construcción de barcos y navegación, que deben trabajar juntos para ganar la Copa América. Esta filosofía se extiende a todos nuestros socios y SLAM y su compromiso con su indumentaria de calidad”.

El acuerdo hará que SLAM suministre ropa técnica al Emirates Team New Zealand luego de una colaboración en el desarrollo de materiales y diseño de productos. Se comercializará a nivel mundial una versión réplica de la indumentaria que viste el equipo con las mismas características técnicas.

Enrico Chieffi dijo: “Es un verdadero honor firmar este acuerdo y unirme a la campaña del Emirates Team New Zealand. Haremos todo lo posible para contribuir a su defensa de la America’s Cup. Grant Dalton y yo nos conocemos desde hace muchos años. Siempre ha existido una sintonía y un profundo respeto entre nosotros, incluso cuando a menudo fuimos protagonistas en los eventos más importantes de la vela mundial, primero como atletas y luego como gerentes.

“SLAM ha desempeñado un papel central en el mundo de la navegación durante más de 40 años y nuestro objetivo es establecer su lugar entre las mejores marcas de navegación de alto rendimiento del mundo. Esta asociación es un paso importante en ese camino”. The Emirates Team New Zealand la ropa técnica es el resultado de una estrecha colaboración en el desarrollo de materiales y diseño de productos”, agregó Chieffi, quien fue campeón mundial en las clases 470 y Star, doble regatista olímpico y táctico en el retador de la Copa América de Italia Il Moro di Venezia. en 1992.

Acerca de Slam
Slam S.p.A. es una reconocida marca italiana de ropa de navegación de alto rendimiento fundada en Génova en 1979. La empresa es propiedad de VAM Investment Group desde 2021, y Enrico Chieffi, campeón mundial, atleta olímpico, táctico de la Copa América y exitoso hombre de negocios, es el director ejecutivo. Con el apoyo clave del nuevo socio financiero y estratégico de la empresa, Chieffi se encarga de llevar adelante la misión de gestionar la nueva fase de desarrollo de SLAM, con el objetivo de desbloquear todo el potencial de la marca y establecer a SLAM entre las mejores marcas de navegación de alto rendimiento del mundo.

Acerca de VAM Investment Group spa
VAM es una sociedad de cartera de capital privado dirigida por el consejero delegado y accionista Marco Piana, controlada por el presidente Francesco Trapani y participada por Tages, una sociedad internacional de gestión de activos activa en fondos alternativos, infraestructura y, a través de sus accionistas, deuda en dificultades/NPL, con Umberto Quadrino como presidente y Panfilo Tarantelli como director general. VAM realiza inversiones de capital privado junto con empresarios y gerentes, proporcionando una combinación exclusiva en el mercado de conjuntos de habilidades comerciales, administrativas y financieras. A los socios de VAM se une un grupo cercano de oficinas familiares italianas e internacionales de alto perfil que conforman el VAM Investments Club. Recientemente, VAM ha llevado a cabo operaciones de inversión clave, incluida la del Grupo Florence, nombre líder en la cadena de suministro textil de Italia, y la cotización de un SPAC valorado en 210 millones en la bolsa de valores de Ámsterdam.

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BENTLEY MOTORS APPOINTS NEW MULLINER AND MOTORSPORT DIRECTOR IN BESPOKE DIVISION REORGANISATION

BENTLEY MOTORS APPOINTS NEW MULLINER AND MOTORSPORT DIRECTOR IN BESPOKE DIVISION REORGANISATION

  • Ansar Ali joins Bentley as Mulliner and Motorsport Director from McLaren Special Operations
  • Paul Williams becomes Mulliner Chief Technical Officer with Bob Martin appointed Chief Operating Officer
  • Reorganisation follows record levels of demand for bespoke services, increasing fivefold in the past five years 

(Crewe, 13 January 2023) Bentley Motors today announced the appointment of Ansar Ali as the new Mulliner and Motorsport Director, reporting directly to Adrian Hallmark, Chairman and CEO. Ali will lead the reorganised Mulliner division as customer personalisation reaches record levels of demand.

Ali, who has a 30 year career in the automotive industry, joins from McLaren Special Operations where he was Managing Director. Before this, Ali held senior management roles at Ford, Lotus, Caterham and co-founded Zenos Cars.

Ali’s dual responsibilities at Bentley cover Motorsport activities, working closely with the GT3 race teams currently competing, and a focus on Bentley’s personal commissioning division, Mulliner, the oldest coachbuilder in the world and now with three distinct classifications; Classics, Collections and Coachbuilt.  Commenting on Ali’s appointment, Adrian Hallmark said:

“Mulliner represents the very pinnacle of automotive design and expertise and Ansar joins at a time when we are experiencing record levels of demand across our features, collections, coachbuilt and classics possibilities. Ansar’s considerable industry experience, particularly leading low-volume, highly bespoke customer-led divisions will offer valuable insights that will reinforce Mulliner as the leading personal commissioning division and generate significant contributions to the wider Bentley business.”

Ali will lead a reorganised Mulliner bespoke division in which Paul Williams becomes Chief Technical Officer, having held a number of senior positions in a 15 year career at Bentley, and Bob Martin, formerly Head of Final Assembly at Bentley, becomes Chief Operating Officer. All positions are effective immediately.

Mulliner has been building bespoke bodies and cabins since 1923 and today handcrafts exquisite, personalised cars that epitomise luxury, performance, exclusivity and individuality. Mulliner’s portfolio includes coachbuilt cars such as the Batur, heritage limited editions including the Blower, and a wide variety of stunning and unique customer projects.

The high level of customer demand for bespoke services, reaching record numbers in 2022, helped push Bentley to its third consecutive record sales year, announcing earlier this week a sales success of 15,174 in 2022, a four per cent increase on 2021.

Bentley Motors
Bentley Motors is the most sought after luxury car brand in the world. The company’s headquarters in Crewe is home to all of its operations including design, R&D, engineering and production of the company’s five model lines, Continental GT, Continental GT Convertible, Flying Spur, Bentayga and Bentayga EWB. The combination of fine craftsmanship, using skills that have been handed down through generations, alongside engineering expertise and cutting-edge technology is unique to UK luxury car brands such as Bentley. It is also an example of high-value British manufacturing at its best. Bentley employs around 4,000 people at Crewe.

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2022 deliveries: Porsche posts a slight increase
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2022 deliveries: Porsche posts a slight increase

2022 deliveries: Porsche posts a slight increase

Porsche put in a robust performance in fiscal year 2022, with a slight increase in deliveries. The sports car manufacturer delivered a total of 309,884 cars over the past 12 months, 3 per cent more than in 2021 – despite several global crises.

Porsche fulfills the dreams of its customers, as strong delivery figures and the continued good order situation for fiscal year 2022 demonstrate. Worldwide, the sports car manufacturer delivered 309,884 vehicles to customers last year, an increase of 3 per cent over the previous year.

Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG

“The many challenges caused by the war in Ukraine, interrupted supply chains and the ongoing semiconductor crisis have shaped the past year and put us to the test,” says Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG. “So I am all the prouder of the entire Porsche team. In this difficult environment, we have succeeded in fulfilling the dream of owning a Porsche for more customers than ever before.”

Deliveries in Europe 7 per cent above previous year

In the Europe sales region, Porsche delivered 62,685 cars in 2022. This is 7 per cent more than in the previous year. In its home market of Germany, 29,512 customers took delivery of their cars – an increase of 3 per cent. In North America, Porsche recorded 79,260 deliveries, matching the previous year’s level. This was a particularly strong performance in view of logistical and supply challenges that started the year. In what remains the biggest single market, China, 93,286 cars were delivered to customers     (-2 per cent). The slight dip here is mainly due to the effects of the COVID pandemic. Waves of infection, COVID-related lockdowns and logistical challenges affected the deliveries. The Overseas and Emerging Markets sales region continues to develop positively with an increase in deliveries of 13 per cent. Some 45,141 cars were delivered to customers in this region during 2022.

SUVs remain popular among customers

The models with the highest demand again in 2022 were the brand’s SUVs: the Porsche Cayenne was delivered a total of 95,604 times. The Macan followed in second place with 86,724 units delivered. With 40,410 deliveries (+5 per cent) the Porsche 911 remains very popular as well. The sports saloon Panamera was delivered to 34,142 customers (+13 per cent).

The Taycan remains at a high level of orders. In 2022, Porsche delivered 34,801 cars from the model line worldwide (-16 percent). The decline was due to supply chain bottlenecks and limited component availability. Both issues affected the electric sports car in particular. Customers took delivery of 18,203 units of the 718 Boxster and 718 Cayman models.


Taycan GTS and Taycan GTS Sport Turismo

“On the sales side, results have been positive in 2022,” says von Platen. “Porsche is in a solid position. And we’re building on that basis.”

Porsche AG
Deliveries		 January – December
2021 2022 Difference
Worldwide 301,915 309,884 +3%
Germany 28,565 29,512 +3%
North America 79,166 79,260  0%
China 95,671 93,286 -2%
Europe (excluding Germany) 58,576 62,685 +7%
Overseas and Emerging Markets 39,937 45,141 +13%

Disclaimer

This announcement contains ‘forward-looking statements’ that reflect the Porsche’s current view of the future events.

Words such as ‘will’, ‘presume’, ‘as a goal’, ‘could’, ‘possibly’, ‘should’, ‘believe’, ‘intend’, ‘plan’, ‘in preparation’, and ‘aim’ are used to indicate statements relating to the future. These statements are subject to a variety of risks, uncertainties and assumptions. If any of these risks or uncertainties materialise or if the assumptions underlying Porsche’s forward-looking statements should prove unfounded, the actual results could differ significantly from the ones that Porsche has expressly or implicitly assumed in these statements. Forward-looking statements in this press release are based solely on the circumstances pertaining on the day of publication.

These forward-looking statements will not be updated later. These statements are true on the day of publication and may be overtaken by later events.

www.porsche.com
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