High-tech and even higher-touch experiences are requisites. Ostentation is eschewed for the understated. “Special-just-for-me,” highly personalized brands beat out publicly displayed badges of luxury. And social gathering places don't need physical spaces.

But he added that wealthy Russians continued to be drawn to British luxury brands. The high-end shops of Bond Street and Kensington are unlikely to feel the pinch: foreign tourists from the Middle East, the largest-spending group, spent 31% more than …

Ellinghaus: A global approach to luxury–brand customers. "I think the future of retail in the automotive industry is without bricks and mortar, at least compared to what we do now, which is invest multimillions in dealerships," Ellinghaus said at the …

Another change Menezes has signalled is accelerating the growth of Diageo's premium core brands (over 60% of the group's business), and to “win in reserve [high-end luxury brands] in every market”. The chief executive is also “driving a mindset change …

A new luxury goods outlet center will open in the autumn of 2015 in Pudong New Area, according to a news report on Shanghai Television Station Monday. The center, a joint venture of Shanghai Shendi (Group) and Value Retail, will cover 50,000 square …

The credit cards of at least 350,000 Neiman Marcus customers were breached from July though October of last year. (It initially said 1.1 million cards might have been compromised.) The luxury retailer estimates legal fees and other costs related to the …

We are keeping this image of ours but want to become more of an affordable jewelry brand as well. People never thought that by walking through our store they could find a 1000 USD piece of jewelry. This is now possible. You are not the first luxury …

I think we needed the credibility of such niche, luxury players to show bigger corporations that this works, people love it and it really creates this emotional bond with your consumers. And what about working so closely with your sibling? DG: Some …

ReviewPro has done the gruntwork, parsing 839,593 online guest reviews of 1,692 properties published during 2013 to determine the top luxury hotels worldwide. This is the first annual report on the State of the Review, dubbed the Top Luxury Hotel …