Further challenging the notion of what the brands stand for, the world's top three luxury-car makers build more and more cars outside their homeland, thereby diluting the “Made in Germany” cachet. These shifts ultimately may impact profitability …
He plans to direct savings made from cutting costs and overheads towards marketing for luxury and so-called “masstige” (prestige for the masses) brands. “There's some commercial brands that we need to fix and not get rid of, and that means we need to …
Park Hyatt New York City: Intended to be the new flagship property of Park Hyatt, the luxury label of Hyatt Hotels & Resorts, this should greatly increase the brand's visibility in the US. While it may not yet have the name recognition of competitors …
Chris Liversidge, managing director of QueryClick, said: “Matthew Williamson is a fantastic British luxury designer and we are delighted to be working with the brand to develop its online presence.” The search specialist has worked with other fashion …
A study by Digital Luxury Group showed that online searches for ladies' watches rose 7.5 per cent in 2013, led by China and Swatch Group brands. In the same year, the share of female watches in the luxury watch market rose to 35 per cent from 20 per …
“[We'll] try to keep the character of the town the same [during] the long-term, so not going after Louis Vuitton [or other luxury brands],” Benjamin told the audience at a recent Hawaii Economic Association luncheon in Honolulu. “We're not going to …
The new chief executive of Treasury Wine Estates (TWE), Michael Clarke, has no emotional attachment to any part of the business except for the top luxury brand: Penfolds. Mr Clarke has spent his first week as head of the recently sputtering winemaker …
Peter Brongers, CEO of BMW Cambodia, complained that the memo has given an unfair advantage to Chinese carmakers at a time when a number of Western luxury brands have just started entering the market. “They are targeting the brands. Our cars have …
Oberoi Hotels & Resorts has been voted the World's Highest Rated Luxury Hotel Brand by ReviewPro's 2014 Top Luxury Hotel & Brand Report. The report also ranks Oberoi Hotels & Resorts the best for guest satisfaction in service, value, hotel's location …