The luxury goods market is almost as strong as it was before the recession, with Russia's wealthy leading the way. According to recent reports from consultancy Bain & Co, the global luxury goods market grew by ten per cent to 191 billion euros between 2010 and 2011. In addition to individuals from China and the [...]

These are uncertain times when it comes to the state of, not just the Russian, but the whole world's economy. Income streams that had previously been considered reliable and solid have been shaken and the majority of people have been forced to reign in their spending. However, there will always be those who still have [...]

The most expensive apartment in New York has been snapped up by the Russian billionaire Dmitry Rybolovlev. Located at 15 Central Park West, the apartment is a dream piece of real estate, with stunning views of the city's skyline and Central Park from its huge terrace. In addition to the impressive exterior and location, Mr [...]

Perhaps it is the glimpse into the opulence of the lives of the oligarchs that is enticing the nation, but all eyes are still firmly on the multi-billion dollar legal battle between Boris Berezovsky and Roman Abramovich, even as the trial enters its second month. The battle is taking place at the UK's High Court, [...]

Russia's economic and cultural development appears to be under threat following the mass exodus of a vast number of its intellectual members of society. Dissatisfaction and frustration with the stagnant economy is thought to be at the root of people's desire to leave as research and development opportunities within Russia are being largely ignored. President [...]

Property is one of the most desirable forms of investment available today, with a number of prime locations around the world maintaining growth levels even in the face of the recession. For Russian investors, property in central London appears to have a particular draw, thanks to its location as an international business centre and the [...]

Five years ago, British architect David Adjaye saw his design for Skolkovo business school come to life in suburban Moscow. The school welcomed affluent young people with dreams of competing at the high end of the business spectrum, keen to attend classes at an institution that rivals such establishments as the London Business School and [...]

Moscow's fashion week has kicked off with a focus on simplicity as the luxury industry battles on through a difficult economic climate. The city's elite gathered together with designers and models to view the latest trends over the weekend, with events wrapping up this week. But despite the opulent surroundings, it appears that fashionistas will [...]

Russia's status as one of the BRIC countries appears well deserved, with its growth levels poised to reach five per cent at the end of the year. Alongside Brazil, India and China, the country is enjoying an economic strength that much of the developed world has yet to rediscover in the wake of the recent [...]

High-end phones are often crammed with apps and gadgets to the extent that their basic functionality can be impeded. Indeed, the range of possible smartphone uses have been expanding exponentially, but often to the detriment of a handset's lifespan and design. But a new player to the Russian market, Aesir, has arrived with a limited [...]