Robb Report, which covers the the luxury lifestyle, has launched the "Robb Report Global Luxury Index" to track the market performance of a representative group of public luxury goods and
services companies listed on public exchanges worldwide. The equities must trade on a major U.S. or global developed-market exchange, and equities must have a market capitalization at or above $500
million. Among American households, those with a net worth of $5 million or more (excluding principal residences) now exceed 1.1 million households--more than doubling in size since 2002, according to
the 2007 Spectrem Group Affluent Market Insights report.
