Despite China's recent crackdown on luxury spending, wealthy Chinese buyers are becoming increasingly sophisticated when it comes to buying high-end goods, a new report from Digital Luxury Group shows. They increasingly see luxury purchases as …

LVMH, the world's largest luxury–goods maker, this week agreed to buy 80 percent of Loro Piana, valuing the company at 2.7 billion euros ($3.5 billion), including net debt. The acquisition, which would be LVMH's biggest since its 2011 purchase of …

[USPRwire, Thu Jul 11 2013] Luxury goods in Malaysia witnessed robust growth in 2012. The strong local economy is the primary driver for growth in the consumption of luxury goods in the country. While major developed countries in the world, such as …

The two sporting stars will be the first brand spokesperson for the entire range of Rodeo Drive Luxury brands retail line in India. For Rodeo Luxury Products this Tennis and Cricketing icons is an ideal match as it share a common passion for perfection …

Several top luxury brands including Hermes, Montblanc, Bottega Veneta and Salvatore Ferragamo have already entered the country where consulting firm Technopak expects the luxury market to grow two-and-ahalf times its current size to $6.8 billion, …

Loro Piana is the group's biggest aquisition since they bought Bulgari. Andrew Roberts – 10 July 2013. LUXURY brands group LVMH Moet Hennessy Louis Vuitton has agreed a €2bn deal for a majority stake in an Italian maker of €1,000 cashmere sweaters.

The earlier 2013 hit Chinese film Finding Mr. Right (北京遇上西雅图) was chock full of expensive luxury brand names. But that film concluded with its protagonist throwing off the shackles of expensive name brands—at one point it had her holding a sad, …

Chow Tai Fook's results added to the gloom in the consumer industry, coming a day after UK luxury fashion brand Burberry reported quarterly results revealing same-store sales growth in China halved in the three months to June 30. Prada's Hong Kong …

This week, the world's biggest luxury group LVMH unveiled a 2-billion-euro takeover of Loro Piana which valued the Italian cashmere brand at 19.2 times its estimated Ebitda. Moncler's debut would follow the successful listing by sunglasses retailer …