Despite the stringent Indian laws that govern the tobacco industry, Patel is confident that the way ahead is through tie-ups with luxury and lifestyle brands such as five-star hotels. "I have extended the brand and launched a cigar lounge — Burn by …

Thomas Cook Group has confirmed the sale of luxury brand Elegant Resorts to Saudi Arabia-based Al Tayyar Travel Group, for GBP 14.3 million, as per a TravelMole report. Harrriet Green, CEO, Thomas Cook said the sale was part of the Group's strategy to …

Western luxury stores and brands have conjured up a range of activities to cater to high-spending Chinese shoppers during the Lunar New Year holiday. For the first time in its 306-year history, one of London's most famous and traditional stores …

NEW YORK — Luxury fashion can sometimes look like a fast-food business, Josep Font says, with items that are mass-produced and mediocre quality despite high prices. The creative director of the Spanish fashion brand DelPozo works hard to avoid that: …

He argues the retailer's previous positioning in the “accessible luxury” market is a sensible place to trade because other big brands are also moving more upmarket. “The accessible luxury space is quite big and you have Burberry, Prada and Gucci all …

This 'supersized' increase in wealth accompanied by extravagant lifestyles has subsequently had a direct impact on luxury brands in Africa with Bain & Company forecasting an 11% growth in luxury goods sold on the continent. Expanding footprint. In the …

Growth in luxury spending on the Chinese mainland is expected to have cooled to just 2 percent in 2013, down from 7 percent the year before and a staggering 30 percent in 2011, according to Bain and Co's annual China's Luxury Goods Market Study …

Thomas Cook Group has confirmed the sale of luxury brand Elegant Resorts to a Saudi Arabian travel group, Al Tayyar, for £14.3 million. Thomas Cook CEO Harrriet Green said the sale was part of the Group's strategy to rationalise the UK business. "The …

In this case, how does a 73-year old brand inextricably linked to its leather-bound past, mired in what some might consider stodginess, become a relevant luxury fashion brand again? The latest gambit for Coach in its image makeover is to make a splash …