December has traditionally been one of the strongest months of the year for luxury auto sales. Part of the reason is the heavy marketing of upscale names as they try to end the year as the top-selling luxury brand in the U.S. Through October, Mercedes …
During a presentation on November 21, Raffaele Jerusalmi, chief executive of the Milan Stock Exchange, said the bourse was moving to increase its appeal to fashion and luxury–goods firms looking to raise capital through the stock market. "Over the past …
While HENRYs are a far cry from being wealthy, these emerging affluent consumers are doing well, economically speaking, and could be the most important target customer for luxury brands, according to Unity Marketing. The new trend report, ''Meet the …
It is hoping to replicate the success of luxury brands such as Ferragamo whose shares have more than trebled since their 2011 debut, while Hong Kong-listed Prada shares have nearly doubled since flotation. Bruno Cucinelli shares have more than tripled …
This museum partnership is one of many made by luxury brands recently, as museums can serve as a highly legitimating venue for brands showing off not only artist collaborations, but also their own designs as the artwork itself. Dior was lucky to have …
Results today from two of the Western luxury brands seeking to profit from China's ever-more-affluent shoppers underline the first point. Tiffany & Co, the New York jeweler, attributed the lion's share of its global rise in third-quarter sales to …
Luxury marketers and retailers have held their ground in a global economy still on the mend from the recent slowdown, high unemployment and growing consumer and public debt. Given this environment, what is the outlook for luxury brands in 2014?
Most automakers market mainstream and luxury vehicles under distinct brands in separate showrooms. Attempts to blur that distinction — such as Volkswagen's high-priced Phaeton sedan — have been flops. But Hyundai has reason to believe it can succeed.
MILAN >> Chinese shoppers are cutting back on designer duds, leather handbags and pricey watches, putting a drag on global sales of luxury goods, which a study forecasts to expand just 2 percent this year. The analysis released Monday by Bain …