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Luxury Brands

Maserati races ahead of luxury-brand rivals as Middle East sales jump 44%
www.thenational.ae

Maserati, the Italian car maker, outperformed other top luxury brands in the Middle East last year, recording a 44 per cent jump in sales compared with 2012. “In January 2014 we have sold as many cars as we did in the whole of 2007,” said Umberto Maria …

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Buyers' love for discounted luxury products spawns fakes online
www.business-standard.com

"Fashion brands are among the most counterfeited or pirated products because of the high margins they offer," says Devangshu Dutta, chief executive, Third Eyesight. A big chunk of the market for fake luxury goods is constituted by accessories such as …

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Chinese tourist spending will plug luxury demand gap, says specialist
citywireglobal.com

Speaking to Citywire Global, Huang Sun said she confident on European and US luxury brand names as demand by travelling Chinese buyers continues to grow, despite a weaker appetite within China itself. Investors have been selling out of luxury brands, …

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Developers of Crossroads' nearly $400M revival vow luxury brands, one-of-a …
www.omaha.com

ALYSSA SCHUKAR/THE WORLD-HERALD. Betty Sanford of Omaha enters the Crossroads Mall on March 2, 2010. article photo. Developers of Crossroads' nearly $400M revival vow luxury brands, one-of-a-kind retailers. By Janice Podsada / World-Herald …

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Chinese tourist spending will offset domestic luxury lag, says sector specialist
citywire.lt

The increased levels of Chinese tourist spending will compensate for a softening of the appetite for goods in the home market, according to sector specialist Scilla Huang Sun. Speaking to Citywire Global, Huang Sun said she confident on European and US …

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Luxury retailers expanding in Boston
www.boston.com

Stores selling luxury goods — once modest and often isolated outposts of high couture in Boston — are rapidly multiplying, with opulent showrooms to display $9,500 Chanel evening bags and $1,125 Hermès shawls. More than two dozen high-fashion …

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Can a cigar called Rocky Patel tap into India's ultra premium luxury market?
articles.economictimes.indiatimes.com

"Indian consumers have become very discerning about luxury brands and it is time to educate them about premium cigars," said Patel, who was travelling in India to officially launch his brand. Despite the stringent Indian laws that govern the tobacco …

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Luxury hotel brands swap keys as economic slump stings
businesstoday.intoday.in

Less than nine months after opening the first hotel in Mumbai under its brand, Hong Kong luxury chain operator Shangri-La Asia handed the keys back to the owner. Now, US-based Starwood Hotels & Resorts Worldwide Inc is in talks with the same owner to …

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Luxury sales halved in China in 2013
english.peopledaily.com.cn

According to yearly financial statements released by World Luxury Association (WLA), sales of luxury brands which increased around 30 percent in China in 2012 plummeted more than 50 percent in 2013, with businesses in watches and menswear taking the …

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