“However, this impressive growth fizzled towards the end of 2013, leading many luxury brands to question their strategy for China and other emerging markets.” Key findings from Euromonitor's luxury goods research: USA remains the largest global luxury …
"It is advisable for luxury brands to create a lower segment while maintaining existing customers at higher prices, just as companies such as Burberry have done," Sharma added. According to sources, Uber spends about Rs 1-5 crore on launch in a new …
While Land Rover's average customer was just under 48 years old last year — the youngest average age among car brands reviewed — buyers of luxury brand Lincoln were the oldest in the nation, with an average age of 61 years. Based on a recent report …
In a survey conducted by the Luxury Institute, high-income travelers from Europe, China and Japan were asked to rate their favorite luxury hotel brand based on factors like quality, exclusivity, social status and overall guest experience. “The luxury …
"Jimmy Choo is a great brand with good growth potential but it has a high capital expenditure ratio and usually we prefer fashion companies with stronger balance sheets," said Andrea Gerst, who helps manage the Julius Baer Luxury Goods Fund. "Also …
NEW YORK—For the first time ever, Madison Avenue is throwing its own Fashion Heritage Week, with 16 participating luxury retailers signing on to delve into the histories of their brands. Window displays with surreal effects and art experiences wrapped …
He is working to bolster exposure of the luxury brand's vehicles such as the CTS as the luxury brand transforms and grows globally. Last month, Cadillac announced it will move its headquarters for the brand early next year to New York City from Detroit …
GCC (Gulf Co-operation Council) has opened up exciting growth possibilities for key industry players, and continues to be a major destination for a wide range of luxury brands, Markaz said. Four GCC countries are present in the list of top 20 countries …
PSA Peugeot-Citroen's DS premium brand will go global in a direct challenge to the likes of Mercedes-Benz, BMW and Audi by only cherry-picking the best cities in which to sell luxury cars — including those in Australia — and by keeping its focus on …