In the battle for luxury shoppers, top retailers in 2013 outspent top luxury brands on Google AdWords paid search ads in four of five categories: apparel, beauty and cosmetics, shoes, and watches, according to a new AdGooroo report. Handbags was the …
Launch of the Mercedes A and B Class and the BMW 1 Series had shaken the traditional market of luxury sedans owned by Japanese car makers as customers increasingly veered towards stylish, compact and sporty cars made by established luxury brands.
The Breguet Madison Avenue boutique was busy June 26 with press and VIP clientele as the luxury watch brand used this date to celebrate “Tourbillon Day.” The event included a cake decorated as a tourbillon movement; champagne toasts; a display of the …
Its leather goods business was hit by slower sales from Chinese shoppers, particularly in Hong Kong, as well as a decline in Japan in the second quarter due to a VAT hike that has also hit other luxury brands. The group has been changing its flagship …
China is the fastest growing big market for multinational automakers, who are winning market share at the expense of the country's few domestic, mostly privately owned, brands. Most foreign companies manufacture in China in partnership with state-owned …
The Toyota-owned brand, which sells sedans, coupes, convertibles and sports utility vehicles, has a loyal following in the country, centered mostly in the urban market. The Japanese company had been wary of launching Lexus in India, but is now clearing …
Five of the top luxury brands that typically keep a tight rein on their image spent nearly $22 million on paid-search Google AdWords campaigns in the U.S. last year, excluding mobile search and product listing ads, MediaPost's SearchBlog hears. Louis …
"Negative exchange rate effects weighed strongly on the first half," the maker of luxury brands such as Fendi, Moet et Chandon and Bulgari said in a statement. Luxury brands have been hit hard by the strength of European currencies this year …
PARIS (Reuters) – The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major factors curbing spending by Chinese and Russian …