The continent of Asia is expected to take over 50 to 60 percent of the luxury market, including luxury apparel brands in the next ten years, as Asian household incomes grow and local economies expand, according to Economist Intelligence Unit (EIU).

In the month of May, La Grange residents opted to purchase Mercedes-Benz vehicles more often than any other luxury car brand. Mercedes-Benz sales accounted for 13 of the 55 total luxury vehicle sales to La Grange residents. The breakdown of the 13 …

Western Springs residents chose Lexus more often than any other luxury auto brand when purchasing cars in May. Lexus topped the luxury sales chart with seven sales of the 27 total sales of luxury cars to Western Springs residents. A total of three new …

CHICAGO — How to sell a Lincoln in 2013: Make the dealership smell like luxury. And lay out some wine and cheese. After decades of selling hulking Town Cars to retirees, Ford Motor Co. wants the Lincoln brand to appeal to younger, more discerning …

How to sell a Lincoln in 2013: Make the dealership smell like luxury. And lay out some wine and cheese. After decades of selling hulking Town Cars to retirees, Ford Motor Co. wants the Lincoln brand to appeal to younger, more discerning buyers. Lincoln …

The Chinese government may have cracked down on luxury goods at home, but Chinese tourists rampage through designer stores when shopping in cities like London, New York and Paris. According to the Economist Intelligence Unit (EIU) report Rich …

The company has stated that it definitely plans on entering this year, but very few details have been forthcoming—except for one: another company has latched onto the Tesla trademark, putting the automaker in a predicament that many other foreign …

This year has been slow going for for some of the biggest brands on Facebook, with top retailers experiencing a drop in engagement and volume despite ramping up the number of posts and luxury brands emerging as marketing leaders on the site.

There's a growing hyper-competitiveness in the airline industry when it comes to luring customers for ultra-expensive business and first-class seats on international routes, industry experts say, and it's leading airlines to offer increasingly more …