The Global Luxury Goods Worldwide Market Study: Spring 2014 Update also states that Q1 2014 sales revenue growth of the global luxury goods market is in line with last year's overall figures, between four per cent and six per cent. “With luxury goods …

NEW DELHI: Sometime ago, a team from Italian luxury brand Prada's Hong Kong office made a recce trip to India to get a hang of the developments in the retail space and identify malls and high street locations to open shops when it finally enters the …

In Pretty Woman, Vivian Ward gloats and rebuffs the rude salesclerks who had initially rejected her. In real life, she would've gone back and bought the entire store. New research reveals that rejection actually boosts desire for brand affiliation …

It's been said that sport is the great social equalizer. Billionaire tech tycoons like Steve Ballmer share the same frenzied fandom over teams like the L.A. Clippers that an everyman from Van Nuys also enjoys. And while dropping $10,000+ on a …

“The rapid growth of Starwood's luxury brands in China reflects a robust demand for high-end hospitality from an increasingly affluent market, where domestic travel continues to thrive,” said Paul James, Global Brand Leader, St. Regis, The Luxury …

And they are pricey — at $60 to $80 — but in keeping with other luxury brands like James Perse and Rag & Bone. Road 22 is also planning on creating limited-edition styles and eventually putting pop-up stores in trendy boutiques. Ghobadian is …

Luxury brands are having a hard time in Greater China. President Xi Jinping's campaign against corruption has had an immediate impact in dampening mainlanders' enthusiasm for the visible trappings of wealth. Hong Kong's luxury retailers are recording …

S. Korea's prudent consumer trend in luxury goods is adding pressure for global designer brands. This implies that Korean consumers purchase designer brands online or in outlets at a discounted rate, rather than at the original price in department …

In 2013, Toyota Motor Corp's (NYSE:TM) premium car brand, Lexus, sold nearly 274,00 vehicles, a 12% jump over 2012 sales figures. Lexus has been gaining ground on market leaders in the U.S. premium car space, Mercedes and BMW, in the last year, …