It was however a great reminder at the total volume that the leading German luxury brands including BMW are doing worldwide putting them ahead of many mainstream brands. The brands all claim that sales aren't what they are chasing but sales are linked …

According to research by consultancy Bain & Co, presented Tuesday at a conference in Milan on the luxury goods industry organized by Italian association Altagamma, overall luxury sales will grow 2% this year to EUR223 billion, or $282.6, down from much …

I wanted to know their opinion about this ubiquitous and now fuzzy term "luxury”: Why do big luxury brands throw money-losing parties to just to attract downtown cool kids, obscure musicians and struggling artists? And what makes carmakers so enamored …

Two of the world's leading luxury goods makers have reported toughening market conditions in China, which they blamed on the government's ongoing austerity measures and changing consumer habits. The world's largest luxury group LVMH Moet …

NEW DELHI: Online marketplace may seem to be the new prime location for marketers in India, but makers of high-end luxury products are keeping away from the virtual retail world, for reasons ranging from brand exclusivity and fear of fakes to rule of …

Another reason luxury brands are reluctant to sell online is a fear that it may impact their credibility, say experts. That is because the online marketplace is primarily associated with discounts and is often seen as a dumping ground for unsold goods.

Industry concerns have been compounded by conflicts in the Middle East, the Ukraine crisis hitting demand in Russia — the No.2 luxury goods buyer after the China — and pro-democracy protests in Hong Kong, where many luxury brands made more than 10 …

PARIS (Reuters) – Growth in the global luxury goods market will be steady next year at 2014 levels, or around 5 percent at constant exchange rates, with the whole of America and Japan the biggest drivers, consultancy Bain & Co said in a report …

In its respected annual study, Bain said that luxury sales will grow by 2pc this year to €223bn (£140bn), compared to 3pc growth in 2013 and 10pc in 2012. Bain said the market was being affected by political uncertainties, but also cold weather in …