In the most recent first quarter, luxury retailers such as upscale jeweler Tiffany & Co. (TIF) and department store operator Saks (SKS) showed strong same-store sales growth, Perkins says. Retailers that target the lower-and-moderate income consumer …

SAN DIEGO (MainStreet) — Global consumer interest for luxury hotels has grown 1.5% since the first quarter of 2012, with Russians, the British and Chinese being the fastest-growing luxury hospitality consumers, according to a study from the Digital …

In a survey of more than 500 luxury consumers in Japan, to be published this week, McKinsey found particularly strong appetite for fashion apparel and accessories. In the watch and jewellery segment, for example, 13 per cent of respondents said they …

"The online channel is the only viable way for Western brands to reach luxury consumers in China's inland provinces," says Julia Q. Zhu the founder of Observer Solutions. "This is a new phenomenon — foreign companies need to understand what Chinese …

The study reveals US consumers with the largest interest in luxury hotel brands globally with 66.3% of the total but demand growing from destinations such as Russia, up 12.8%, the UK, up 8.5% and China, up 3.3%. Overall the Upper Upscale brands are the …

The company has been relatively mum about its plans for its purchase of Intermix, a luxury brand, but in a conversation with CNBC, Murphy said, "We are going to turbo-charge online for Intermix." He also expects to expand the physical footprint to 40 …

Six years after the height of private equity's interest in luxury fashion was marked by Permira's acquisition of Valentino Fashion Group, investment firms seek fresh opportunities in the high-end sector's more modestly priced competitors. In the last …

Chinese luxury product consumers are paying more attention about quality instead of quantity, and increasing purchases of lower price luxury items, Bank Julius Baer said Tuesday in its latest report. The biggest private banking group in Switzerland …

Customizing treatment for specific consumer segments continues to be a major trend in the luxury industry. The Dorchester Collection previously toasted women and its female sommeliers from three properties with the first “Women in Wine Road Trip” event …