Exclusive; sometimes one-of-a-kind; high-quality; expensive. These are some the basic ingredients for luxury, an industry that has always existed in Perú, but is waking up with the arrival of some new players who are making it easier for Peruvian …
Starwood Hotels and Resorts is responding to growing brand affinity in China with additional properties catering to the country's many affluent consumers. Four properties in its luxury sector will open by the end of 2014, in addition to 16 other …
"Foreign luxury brands seem to appeal to young buyers as they perceive them as safer, more technologically advanced and better quality," said Wilson Liu, head of PwC's China Automotive team. "On the other hand, a trend toward vehicle downsizing amid …
The world's 75 largest luxury goods companies generated luxury goods sales of $171.8bn through the end of last fiscal year (fiscal years ended through June 2013) despite a slowdown in the global economy. The average size of the Top 75 companies was …
With elegant interiors epitomizing luxury, the new Damas boutique offers a bespoke shopping experience. The new outlet includes well known high-end brands such as Garrard, Mikimoto, Roberto Coin, Pasquale Bruni, Magerit, Baraka, Parmigiani Fleurier, …
"Perhaps the most interesting segment, however, is that of lifestyle brands. This part of the market comprises products which sit just below higher end luxury but which are more premium than everyday items. In essence they are accessible products with …
What luxury brand would you guess earned this year's top ranking in the "Premium Brand" segment of automotive research firm AutoPacific's 18th-annual Vehicle Satisfaction Awards? Perhaps Audi? BMW or Mercedes would be a solid guess. How about …
Starwood Hotels & Resorts revealed that its luxury portfolio, comprised of the St. Regis, The Luxury Collection and W Hotels brands, will open four new hotels in China by the end of 2014, including The St. Regis Chengdu; The Azure Qiantang, a Luxury …
“The luxury market here is going through an important shift,” says Song Ji-hye, a partner at Bain & Company. “Some of the famous luxury brands are struggling to keep up with trends, with demand for them replaced by more accessible contemporary brands, …