Besides, competition has been increasing in the luxury space with the entry of several international leather brands such as Coach, Gucci, Hermes and Prada. Hidesign's earlier foray into the luxury segment more than a year ago did not succeed because of …

But in a headlong sales race, second-placed Audi and runner-up Mercedes have both vowed to depose BMW, giving rise to heavy discounting, which sullies luxury brands and creates opportunities for the growing competition, observers say. Now a host of …

DETROIT — Ford is turning to "The Lincoln Lawyer" actor Matthew McConaughey, star of the 2011 movie named for the automaker's luxury line, to sell the brand to younger buyers after a 65 percent drop in sales since 1990. McConaughey, 44, will debut …

City Mayor Jose Enrique Garcia III said he has met with Jack Chang, a top executive of one of the biggest footwear makers in the world and Asian shoemaker for luxury brands. Stella International will build its own building at the FAB in Mariveles that …

"In make-up higher sales for the year reflected double-digit growth for our artist brands and a number of new launches, including Pur Color Envy Sculpting Lipstick. In fragrance double digit growth was recorded from luxury brands such as Tom Ford and …

DETROIT — Ford is turning to The Lincoln Lawyer — Texas actor Matthew McConaughey, star of the 2011 movie named for the automaker's luxury line —to sell the brand to younger buyers after a 65 percent drop in sales since 1990. McConaughey, 44, will …

Luxury brands are masters of inspiring their customers with the heritage, history and loftiness of their products. They do this with an almost unspoken code that only their loyal followers truly understand. People don't just buy handbags; they buy the …

The official age of the It bag is behind us, but that doesn't mean consumers don't want luxury purses. Intrepid journalist Lauren Sherman of Fashionista did some digging to determine the top-selling luxury handbag brands in ten major cities and the …

The outlook for traditional colleges and universities is troubling. Half of the smaller schools in a survey failed to meet their enrollment targets, according to the Chronicle of Higher Education. Even more troubling is a forecast from Harvard Business …