At first, this reaction seems appropriate: luxury generates value by creating distance between a brand and its consumers. That distance is necessary to create the dream associated with a brand's core value and is commonly created through the form of …

He added that having consistently outperformed several US rivals in the so-called accessible luxury category, which include Coach and Tory Burch, Michael Kors now saw its primary competition as being from upmarket brands from Europe. “We view …

Automotive, media and luxury brands dominate. Mercedes-Benz, BMW and Audi make up three of the top five most engaging brands. In total, the Top 10 brands received 83 percent of all Instagram engagement, while accounting for 33 percent of all posts.

With an estimated revenue of €2 billion (R27,5 billion) expected to be generated through the sale of luxury goods in Africa this year, luxury brands are turning their focus to the rising middle-class population — the drivers of luxury spending. Africa …

Retail property in Sydney could take off in the coming years with retail floor space grossly undersupplied for a market demanding more big brand stores, according to property firm Colliers International. Sydney's growing population and expanding …

AFRICA's growing middle class has expensive tastes, with research by Bain & Company suggesting that luxury goods sales will increase 11% this year — demonstrating the continent's potential for upmarket goods. The nascent middle class aside, recent …

The first of the big global luxury brands entered India around a decade ago, and 2013 is a good vantage point to survey the country's luxury landscape. Over the years, brands have moved from stores located in five-star hotels to luxury malls and even …

Africa's growing middle class has expensive tastes‚ with research by Bain & Company suggesting that luxury goods sales will increase 11% this year — demonstrating the continent's potential for upmarket goods. The nascent middle class aside‚ recent …

The Luxury Goods Worldwide Market Study from consultants Bain & Co indicated that the global luxury market would grow at 2% in 2013 to reach $299bn. The Americas were expected to increase twice as fast as the global luxury market in 2013, at 4%, while …