LUXURY ECONOMY: THE LATEST INSIGHTS FROM PANGAEA MAGAZINE

Phi, also known as the Golden Ratio or the Divine Proportion, is a mathematical concept that has fascinated artists, scientists, and mathematicians for centuries. It is a ratio that is found in nature, architecture, and art, and it is believed to represent a balance and harmony that is pleasing to the eye.

Two young entrepreneurs, Andreas König and Alexander Pecka, started a dropshipping business in 2017 which has grown to generate eight-figure annual revenues. With their dog supplies online store named "Doggykingdom,” they have set up a successful e-commerce company with over 400,000 customers in the USA and are preparing their expansion to Europe. And that’s not all. Currently they are developing a stationary sales network for their products, and at the same time they have launched an e-commerce consulting company to share their know-how with others.

When you think of ‘luxury’, what kind of picture comes to mind? Is it a limited-edition Louis Vuitton purse? A spa day? A Bentley Mulliner Batur? The term ‘luxury’ is continuously evolving and redefining itself, and as it does, so does the luxury market, and with it, the luxury consumer. It’s 2022, and today, many interactions happen through digital devices. So, how does this influence the luxury sector?

The major upheaval in the energy sector due to the war in the Ukraine suddenly offers unexpected and unprecedented opportunities for investors in the energy and related industries, such as manufacturers of equipment and construction and engineering companies specialized in energy infrastructure.