Newly Formed Partnerships Extend Luxury Lifestyle Monthly’s Brand Into World’s Most Affluent Homes and Fastest-Growing Economies
NEW YORK (August 21, 2008) – CurtCo Media, publisher of international luxury lifestyle authority Robb Report and a family of magazines targeting the world’s most affluent readers, today announced plans to extend the brand’s global reach with the launches of editions based in India, Spain and Singapore.
The agreements mark the latest in a series of international expansions that includes previous launches in Russia, China and Turkey. These deals advance the company’s strategy to continue to develop an exclusive readership consisting of the wealthiest consumers in the world’s fastest growing economies, positioning the 32 year-old brand at the forefront of the well-documented rise in global wealth.
This international trend was detailed earlier this year by the Merrill Lynch/Capgemini 2008 World Wealth Report, which found that 10.1 million individuals worldwide held at least US$1 million in financial assets last year, a 6 percent increase over 2006.
Contributing to this increase were nations already addressed by the Robb Report international portfolio, including China, whose $1-million-plus demographic increased 20 percent during the 12-month period to 415,000 individuals, and Russia, whose figure jumped over 14 percent to 136,000 individuals. The newest editions of the Robb Report will reach the fastest-growing nation in the study, India, whose high net-worth segment rose 22 percent to 136,000 individuals; Indonesia, whose number increased 16 percent to 23,000; and Singapore, which boasts 77,000 individuals with $1 million or more, a 15 percent upsurge.
Scheduled to debut in the fall, Robb Report India unites CurtCo Media with India Today Group. Robb Report India will target the country’s most affluent readers, with a focus on luxury goods and services offered both internationally and in India. The publication will include existing Robb Report content, as well as information specifically for the Indian market.
“It is with great pleasure we announce this long-term partnership, at the perfect time in India’s rapidly growing luxury market,” said India Today Group Chairman Aroon Purie. “We look forward to adding this publication to our stable of market-leading brands, and to furthering our relationships with the wealthiest homes in India.”
Established in partnership with SpainMedia Magazines, Robb Report Spain will be the first edition of the magazine ever to be published in Spanish. Robb Report Spain will address the country’s most affluent readers with highly targeted distribution in high net-worth regions, including Madrid, Barcelona, Marbella and Valencia. The publication, which will be unveiled in the fall, will include existing Robb Report content, as well as content specifically crafted for the discerning Spanish marketplace.
“We look forward targeting the wealthiest readers in Spain with the number one brand in the global luxury marketplace” said SpainMedia Magazines President Andres Rodriguez. “We are excited to join Robb Report’s family of partners and continue its editorial prominence in and dedication to connoisseurship for the Spanish market.”
Through an agreement with Yellow Pages (Singapore) Limited, Robb Report Singapore will target Southeast Asia’s most affluent readers, with distribution in Singapore, as well as separate editions in Indonesia, Malaysia, the Philippines and Brunei. Scheduled to debut in the fall, the titles will feature content from Robb Report as well as locally produced content.
“We are delighted to have CurtCo Robb Media as a partner. Robb Report defines global luxury lifestyle trends, and arrives at an opportune time in this region when growing affluence is becoming increasingly evident,” said Yellow Pages Singapore’s CEO Danny Chow.
This announcement “furthers our ability to deliver the wealthiest readers in the world to our marketing partners,” said CurtCo Media Senior Vice President and Group Publisher David Arnold. “Because luxury goods and services businesses need to reach these high net-worth homes, Robb Report’s efficiency in delivering this otherwise difficult-to-reach audience attests to the unique global position that we maintain. We look forward to extending the global reach of our brand.”
About Robb Report
Now in its 32nd year, Robb Report is the international authority on the luxury lifestyle. Each month, the magazine reports on issues and trends affecting the affluent market, with coverage of exclusive events and features on exceptional automobiles, motorcycles, aircraft, art, jewelry, watches, fashion, travel, homes, wines, spirits and cigars.
About CurtCo Media
CurtCo Media serves the ultra-luxury markets with a powerful network of leading lifestyle publications, including the world’s most acclaimed journal of connoisseurship, Robb Report, as well as Showboats International, The Robb Report Collection, Art & Antiques, Robb Report Vacation Homes, San Diego Magazine, Gulfshore Life and Sarasota Magazines. For more information on CurtCo Media, go to www.curtco.com.
India Today Group
The India Today Group is India’s most diversified media group with interests in magazines, newspapers, television, radio, internet, books and music. Through its subscribers, readers, listeners and viewers, the group reaches out to over 35 million individuals. Underlying all these channels of communication is an ethos of editorial excellence and credibility. The India Today Group delivers India to the World and the World to India. For more information about the India Today Group go to www.india-today.com. For up-to-the-minute news & entertainment coverage visit http://www.itgo.in.
SpainMedia Magazines serves the luxury and lifestyle magazine market niche in Spain with powerful know-how and incredible advertising success. Just one year ago, SpainMedia launched the first Esquire (www.esquire.es) with Hearst in Spanish all over the world with tremendous success. SpainMedia is managed and owned by Andrés Rodríguez, who has more than 20 years of experience in the magazine business and brought Rolling Stone to Spain and Mexico for Grupo Prisa. For more information about SpainMedia Magazines, please write to email@example.com.
Yellow Pages (Singapore) Limited
Established in 1967, Yellow Pages (Singapore) Limited is the largest publisher of telephone directories and provider of classified directory advertising and associated products and services in Singapore. The Group maintains, develops and updates extensive classified databases of information on businesses, the core of which are small and medium sized enterprises in Singapore. The Group was listed on SGXST on Dec 9, 2004. For further information, please visit www.yps.com.sg