After decades of acquiring luxury goods that consumers can drink and wear, the chairman of LVMH Moet Hennessy Louis Vuitton SA (MC) last week bought a five-star hotel in St. Barths and in June added a storied Milanese cafe, accelerating his push to …

Although, the sector felt the impact of government limits on official gift giving and slowing economic growth in China, purchases by Chinese and other Asian tourists to Europe “buoyed luxury sales in the economically troubled markets of western Europe …

The Thai-British executive recently spoke to The Wall Street Journal about trying to bridge cultural gaps between the East and West, running a family business, and his $330 million property development project that will bring luxury brands such as …

A distinctive identity and a winning offering for Chinese customers are more important than luck for the luxury companies owned by the French group. Chinese nationals bought a quarter of the world's luxury goods by value in 2012, at home and abroad, …

Sydney, August 1 (ANI): A brand study has named Louis Vuitton, Hermes and Gucci as the top three global luxury brands of 2013, while Fendi and Coach have entered the top 10 for the first time. BrandZ Top 100, a ranking of the most valuable global …

In the survey titled 2013 BrandZ Top 100, by research firm MillwardBrown, Louis Vuitton, Hermes and Gucci featured as the leading three global luxury brands for the year. Also, in this list two brands Fendi and Coach featured in the top 10 for the …

Hong Kong's luxury goods market got a shock when rumors started earlier this year that LVMH – the ne plus ultra of European luxury brands – was backing away from taking up a big space formerly occupied by an entire movie theatre in the city's upscale …

Though recent government austerity measures have dampened the expansion plans of several foreign luxury brands in China, it has not led to a decline in the demand for such products. Lower prices for the recognized brands are proving to be an …

The survey further said luxury brands had become more “handy, collaborative and experimental”. Certain brands ensure that post a modest purchase, the client would receive 'a thank you' note on twitter while a couture fashion customer might receive an …