LVMH Moët Hennessy Louis Vuitton, the French luxury goods giant, agreed on Monday to pay 2 billion euros, or about $2.6 billion, for an 80 percent stake in Loro Piana, adding a famous name to its portfolio of brands. The deal values the company, which …

The two sporting stars will be the first brand spokesperson for the entire range of Rodeo Drive Luxury brands retail line in India, Managing Director of Rodeo Luxury Products, Prithviraj Bagrecha said in a statement. Both stars will represent Rodeo …

So a number of ventures are creating homemade brands for goods such as made-to-measure men's apparel, hand-finished footwear and customised home furnishing, drawing on skills honed by years of selling bespoke products to luxury brands in overseas …

Sales of luxury goods in Russia expanded 6 percent to $8.8 billion last year, versus 4.6 percent in 2011, helping reverse a 20 percent decline between 2007 and 2009, according to Euromonitor International Plc. While that's slower than China's 18 …

Luxury goods are perceived by the consumer as having aspirational, exclusive value. Location is everything in retail. Brands have to position themselves alongside similar valued brands. It adds to their value. It supports their business growing and …

In addition, not all segments of luxury have been equally hit. This announcement mainly marks a long road ahead for certain luxury goods heavily associated with official gifting, such as baijiu and Swiss watch brands. However, this drawn-out campaign …

In an exclusive interview, Michael Henssler, President of Kempinski Hotels in China, has spoken about NUO, the first luxury hotel brand created in China for Chinese consumers. When most international luxury hotel chains are expanding, especially in …

"For many years I have admired English luxury beds, particularly Vi-Spring, that I believe really has no peers when it comes to their excellent quality and craftsmanship. I see this as an opportunity for both of us to grow our brands worldwide and …

Encouraged by the current anticorruption drive in Europe and the United States and indeed in other countries around the world, which in the West is predominantly due to new laws and/or increased enforcement of the laws, China's new prime minister is …