"We've gotten the strongest forward order book that we've ever had. It's the best outlook we've ever had since we've started the company," said Toby Allies, Sales and Marketing Director for Pendennis, a leading British manufacturer and re-fitter of superyachts.
Amid the global recession, the worldwide market for luxury goods has plummeted over the last year, expected to shrink 10 percent for 2009 according to global business consultants Bain & Company.
A few sectors, though, have shown surprising strength and even growth amid the downturn, including British-made superyachts.
The British market for superyachts grew more than 15 percent during the fiscal year ending June 1, 2009, according to a new survey. Overall revenue increased to a record $663 million (£410 million) and jobs across the industry increased five percent, according to Superyacht UK, the trade group
http://edition.cnn.com/2009/WORLD/eu...aco/index.html
wonder how many of these bad boys will vanish in the next couple years.
Amid the global recession, the worldwide market for luxury goods has plummeted over the last year, expected to shrink 10 percent for 2009 according to global business consultants Bain & Company.
A few sectors, though, have shown surprising strength and even growth amid the downturn, including British-made superyachts.
The British market for superyachts grew more than 15 percent during the fiscal year ending June 1, 2009, according to a new survey. Overall revenue increased to a record $663 million (£410 million) and jobs across the industry increased five percent, according to Superyacht UK, the trade group
http://edition.cnn.com/2009/WORLD/eu...aco/index.html
wonder how many of these bad boys will vanish in the next couple years.
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