The research is based on the analysis of 839,593 online guest reviews published during 2013 for the hotels that industry tracker STR Global classified as 'luxury'. A total of 1,692 properties and 84 brands in all five continents were analyzed. The …
More Australian car buyers are seemingly ditching mainstream brands in favour of cheaper and more accessible luxury marques, fresh industry figures reveal. Statistics released by the Federal Chamber of Automotive Industries this month showed luxury car …
Luxury auto brands, among the top third of all product or service categories in the rankings, were dominant among the top 10 brands with the highest Emotional Sentiment (even though the luxury car category was off 3% versus 2012.) Ace Metrix chose …
Nonetheless, the format does hold possibilities for China, where many luxury brands have sponsored micro-films in recent years. The main challenge for luxury brands with this new form of marketing would be balancing a high-end aesthetic with the …
Michael Kors (NYSE: KORS ) delivered a stellar quarter and hit $1 billion in quarterly sales for the first time. The luxury goods maker sold $1.01 billion worth of handbags, high-end clothing, and accessories during the last quarter. The flamboyant …
Chevy sits in the number 13 spot with a brand value of $6.4 billion, just behind VW luxury brand Audi. Rounding out the top ten of the Brand Finance study are Porsche, Hyundai and Renault. That means that, among these top ten, three are luxury brands.
It's increasingly becoming difficult for the malls to attract footfall amid the low consumer sentiment. However, some global brands like Zara continue to remain buoyant despite the lull among the brick and mortar retailers. No wonder, malls are going …
BANGALORE: Bangalore-based Unilog Content Solutions has forayed into luxury retail through a new company Fervour, which will sell Italian brands such as Nina Ricci, DSquared2, Iceberg and Frankie Morello through a licensing agreement. Fervour will …
Ready to talk numbers? According to the Wall Street Journal, in the past five years, the price of a Chanel quilted bag has risen 70 percent to $4,900. Ouch. The increase reflects an overall market shift in luxury goods due to a few connected factors …