Tuesday, January 15, 2008

Slow down at the boat show?

Ok, it hasn't got a sail, but it's relevant for this story from the FT about the London Boat Shows thats currently on at Excel.

The credit-crunch, exchange rate yo-yos, and general slow down are affecting so many corners of the economy will the boating industry be immune?

Maybe they are in the wrong place. There was also this story in today's FT about the art market, and how its worth many tens of billions a year. But interestingly though increasingly unsurprisingly the main growth is in China where there has been a 100-fold increase!

I'm guessing the top-end art and top-end boat markets have some similarities. In which case thats the sort of market expansion that must make boat builders drool into their vintage champagne.

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