PARIS, France — Stella International Holdings Ltd., the Asian shoemaker that manufactures for companies such as Prada SpA, plans to expand its own brands in Paris, turning into a lower priced competitor to luxury clients there. The contract …
MANILA, Philippines – Two German luxury furniture brands have reached Philippine shores, presenting to Filipinos items said to be patronized by European celebrities, athletes and royalty. Selected members of the media were recently given a first look …
“Luxury retailers are often the first to enter a new market because they are catering to a small, elite group of customers who are very wealthy and want to buy luxury goods to demonstrate their status,” Mr. Allen said. New frontiers. Many fashion …
Despite their popularity with foreign consumers, luxury brands in the UK do not like to talk about their outlet stores, which let them sell off last season's wares at discounts of up to 75 per cent. They are the industry's digestive system: vital, but …
After years of manufacturing for luxury brands, it wants to leverage the experience to design and produce shoes under its own brands, he said. “We are not Prada, Givenchy or Miu Miu,” he said. “We just want to be the best brand possible in terms of …
Dubai commands around 30 per cent of the luxury goods market in the region and an overwhelming 60 per cent of the market share in the UAE, according to a new study. A report by Bain & Company report on the worldwide luxury market, shows the Middle …
Scilla Huang Sun, manager of the JB Luxury Brands fund, explains why emerging market consumption remains a key driver for the luxury goods market in 2013. right. Tweet. Login Option. To access content on Investment Week you need to have registered…
LUCKNOW: Despite the global economic slowdown, size of the High Income Group (HIG) consumers continue to enlarge and spend over 40% of their monthly income on some of the world's largest luxury brands, while the Middle Income Group (MIG) …
New Delhi, July 13 (IBNS) Despite the global economic slowdown, size of the High Income group (HIG) consumers continue to enlarge and spend over 40% of their monthly income on some of the world's largest luxury brands whereas the middle income …