Indeed, the rise of China as one of the largest consumers of luxury goods makes exciting business literature. As China moves to buying into the heritage dimension of luxury, a lot more is happening on redefining the perception of what luxury means on …

But while most of the above line-up relies on crowdsourced inventory, either via peer-to-peer sales where consumers sell directly to others, or through a more curated process where the site itself plays middleman, Snobswap's biggest differentiating …

The discount retailer went from zero to more than 120 stores in Canada last year, betting that consumers who'd already crossed the border to shop at its U.S. locations would welcome it with open arms. Yet the expansion resulted in mounting losses after …

Specifically, Joly notes that technology upgrades on older devices like laptops and PCs means that large touch screens are no longer a luxury, but rather come standard, and that consumers no longer have to purchase a tablet to gain access to their …

Information overload: The psychology of being connected 24/7. By a Luxury Daily columnist … Consumers often have a certain time of day when they open their email and read through messages, which means that they choose when to start the interaction.

Consumers just have to remember to prepare the machine the night before, filling it with all the water and ground coffee the machine might need to make that perfect cuppa. The machine also comes with compartments for milk, sugar and extra coffee.

Chinese consumers' anger at foreign firms, including Starbucks and Apple, has flared at various points over the last few years. The anti-trust investigations may also result in lower prices for consumers; Daimler announced a major price-cut on …

China is now the world's biggest luxury consumer as well as the number one country in terms of e-commerce sales. But that doesn't mean luxury brands are making forays online. In fact, few big brands have online shops here in China, and the online shops …

The luxury group's Q1 profit rose 9% from the prior year. That compares with a 7% drop for the discount group and a 4.5% decline for the retail industry, says Ken Perkins, president of Retail Metrics. Luxury retailers typically cater to consumers with …