G-Shock is venturing into the luxury watch market, partnering with Tourneau for a limited-edition series of the brand's best-selling MT-G model. On the heels of the brand's 30th anniversary, the Casio-owned line has decided to enter the luxury …
Sales of luxury items have reached $30 million this year so far, according to the Chilean Asociación de Marcas de Lujo (Luxury brands association, or AML), 14 percent increase from last year. Financial stability, favorable tariffs and a population with …
Chrysler said today that two of its top executives are getting new titles and will be heading Maserati as the Italian brand tries to dramatically increase sales and become global luxury brand. Both Maserati and Chrysle are owned by Fiat. Saad Chehab …
“Our three luxury brands – W, Luxury Collection and St. Regis – have essentially doubled their footprint in the last six years, even with the financial crisis.” Most of that growth is overseas. Starwood, based in Stamford, Conn., opened 67 new hotels …
One can understand the hold that Bond Street has over London's luxury watch market not only by the brands that have boutiques there, but also by those that do not. It is not as if absent notables such as Audemars Piguet or IWC have their own stores …
The Americas, Southeast Asia and Africa are overtaking China's position in the world's luxury goods market. A report from Boston-based management consulting firm Bain & Company shows that growth in these markets exceeded that of China, according to …
General Motors, which is the number one automobile seller in China and the United States, posted a 12 percent rise in October, to 282,466 units, based in part on impressive sales of luxury brands such as Cadillac. Last Tuesday, Ford said that it and …
There was a time, not too long ago, when all a luxury goods maker had to do to make a sale in China was to make sure their label was prominent enough. Customers wanted quality, of course, but what they wanted as much or more was the caché that such a …
We're seeing a trend in China as consumers are beginning to “trade up” to luxury goods, contributing to the growth of the luxury market in this region. Luxury purchases by Chinese consumers, both at home and abroad, account for over one-quarter of …