Most major overseas luxury fashion brands operating in Korea saw a significant drop in sales and operating profit last year due to the sluggish demand of middle-class consumers and the emergence of new retail channels. Although the brands are not …

Good news for GM is that in the J.D. Power 2014 U.S. Customer Service Index (CSI) Cadillac ranks highest in satisfaction with dealer service among luxury brands, and Buick leads among mass market brands. Out of a 1,000 on the CSI scale, Cadillac scored …

The German luxury brands “are willing to risk some exclusivity to bring in new customers”, Kevin Tynan, an analyst at Bloomberg Industries, said. “The idea is to let a customer buy a $30 000 vehicle in his 20s or 30s and move him up once he's paid for …

Cadillac, the leader among luxury brands, scored an 872. Audi (868), Lexus (867) and Infiniti and Lincoln (both 865) rounded out this year's top five. Buick, the leader among mass-market brands, scored an 835. Volkswagen (830), GMC and Mini (both 828) …

Houston developer Giorgio Borlenghi is expanding his company's luxury hotel brand with a new property in Austin's ritzy Westlake area. Construction will begin this week on Hotel Granduca Austin, a 194-room project. The hotel, a joint venture with …

Jenny Andrew, one of South Africa's top magazine stylists, said South African designers need to offer something unique to appeal to the consumer – not to compete with high street fashion brands and luxury brands. ''If David Tlale's bag is beautiful …

The award is divided up into luxury brands and everyone else non-luxury brands, with a number of sub-awards in each group. There's also a single award for truck brands. Taking the crown for the best everyman brand (for the second year in a row) is …

SHANGHAI, China — While China's market for luxury goods slows, impacted by decelerating economic growth, a government anti-corruption drive and increasingly discerning shoppers, Chinese are still the largest consumers of luxury goods on the planet.

Ledbury found that despite 81% of the luxury brands surveyed in the UK only use online sales channels, compared to 51% using only directly operated stores – 50% of revenue is still being generated via shops. The stats prove shops are valuable locations …