Whether Its Wine or Private Jets, the Luxury Business is Thriving

The luxury business is thriving across most categories, according to Stephen Colvin, the CEO of Robb Report. Colvin says luxury is about craftsmanship and quality, and is found in products that range from wines to private jets. He added that luxury isn't about lots of money, but it is about the appreciation of quality. Robb Report is benefiting from the boom in the finer things in life. The company recently announced it will publish in Australia, which is one of three international launches planned this year. Colvin says the luxury segment is one of the stronger ones in the publishing business, and Robb Report has seen a surge in digital growth as well.