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 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 of a global pandemic, the global economic headwinds, geopolitical strife, rising inflation and rising costs of…