In a city driven by consumers' voracious appetite for the newest and latest luxury products, handbag-driven loans are a lucrative business. Yes Lady takes a purse and lends clients 80% of the bag's value. Customers get the bag back by repaying the same …

The study, which will be published on the February 2014 issue of the Journal of Consumer Research, suggests some women also seek these luxury items to prevent other women from stealing their man. The researchers found that “women's luxury products …

Milton Pedraza, the CEO of The Luxury Institute, believes as many as one billion consumers worldwide purchase some type of luxury good or service, be it staying in a five star hotel or buying a luxury brand fragrance or key chain. If you want another …

'The landscape of luxury – and what is considered luxury – are constantly changing. Never has the need to inspire and woo luxury consumers been so important. My objective is simple: to find the new and next in packaging for the luxury goods market and …

The Adventure Travel Trade Association pegs the total market at about US$90 billion with an average spent of about US$3,000 per person and an audience of 30 million consumers, meaning that even though the very rich account for less than a half of one …

Kia's rear-wheel-drive counterpart to Hyundai's Equus flagship is expected to cost more than $50,000 and have loads of high-tech features and luxury amenities. If consumers embrace it, the car will help diversify the brand beyond the design-oriented, …

As incomes rise, well-heeled consumers are developing an appetite for imported luxury goods. According to the management consulting firm McKinsey, by 2015 "one-third of the money spent around the world on high-end bags, shoes, watches, jewelry, and …

“It really is luxury items. So every negative news report, every negative event, is damaging to the brand." But recently, state news reports here have been questioning the ideal of a pure New Zealand. Almost every day, editorials have slammed Fonterra.

I firmly believe that the time has come for a change, as consumers here – like their counterparts in other parts of the UK – still crave luxury of the type provided by M&S, but to a much greater extent. Unfortunately, not everyone agrees and will point …