And, in a telling sign, Chinese luxury consumers buy a large percentage of their luxury goods while traveling abroad. With heavy luxury taxes at home, price plays a major role in this calculation, as does the storytelling power of a product purchased …
“We have been able to inform not only that Maserati is now more accessible, but that made in Italy,as it applies to cars, means a century of crafting world class, pedigreed luxury performance cars, in the form of Maserati,” said Jeffrey Ehoodin, public …
NEW YORK, Feb. 19, 2014 /PRNewswire/ — RAND Luxury announces their sold-out brand lineup for The Luxury Technology Show with the addition of the Consumer Electronics Association (CEA)® and top brands including LG Electronics, Panasonic and …
Feb. 19 (Bloomberg) — Antonio Achille, Partner and Managing Director at Boston Consulting Group, discusses using digital technology to enhance luxury brands and sales. He speaks on Bloomberg Television's “The Pulse.” (Source: Bloomberg).
That's because both Kay and Zale primarily compete in the so-called midmarket end of the business while Tiffany's luxury positioning keeps it in a league of its own, analysts said. The $2 billion Kay chain's target customer has a household income of …
Coach (NYSE:COH) is a brand associated with classic handbags and accessories, but the rapidly changing conditions in the luxury goods market mean that the company is having to strike a fine balance between keeping up with the present and planning for …
As Milan fashion week gets under way, Greenpeace International revealed that the same hazardous chemicals used in the manufacturing of fast fashion are used by 'exclusive' luxury brands. In addition, the concentration of one hazardous chemical …
Sanjay Kapoor: L Capital had certain issues with one of our franchisee brands — Sephora. Now that we have sold the Sephora business to DLF Brands at the end of last year, the conflict between L Capital and Genesis Luxury is over. L Capital remains …
[USPRwire, Tue Feb 18 2014] In 2013 luxury goods observed dynamic growth; this was driven mostly by the economic stability brought about by the peaceful transition of political parties during the presidential elections of 2012. In addition the market …