The crisis in Ukraine, demonstrations in Hong Kong, a military coup in Thailand along with record cold in North America and declining consumer confidence in Europe all have slowed the pace of luxury goods purchases, said senior partner Claudia D'Arpizio.
For now the Fed has the luxury to wait and see. The U.S. is doing better economically than any other developed country. And near-term trends remain favorable despite a sharp decline in U.S. stock markets triggered by fresh concerns about the global …
The bourbon revival is part of a craving for luxury goods, all things American, especially from the South, along with a DIY appreciation for craft businesses, and a desire for richer-tasting liquor — small-batch gin, rye and bourbon. (Contrary to myth …
Slowing economic growth in China, along with a clampdown on lavish spending by government officials, is crippling luxury goods firms that are used to viewing the growing pool of wealthy and brand-conscious consumers in the world's number two economy …
It's meant to empower consumers with more information about the relative environmental impact of the tomatoes, avocados, and other organic goodies available at its stores, according to the company. And it will — shoppers purchasing produce will …
Alipay has already been working in beta mode with retailers such as luxury deal site Gilt.com, The Gap and H&M. "We want to demystify the Chinese consumer for U.S. retailers," said Jingming Li, president and chief architect of Alipay, which has a U.S …
Mr. Biver, chairman of Swiss luxury brand Hublot, said he doesn't know yet which technology company LVMH is considering as a potential partner, and ruled out the possibility of a smartwatch for Hublot. LVMH's other watch brands include Tag Heuer and …
In the future, the company's next project will be directed toward mass consumers versus just luxury ones. In the meantime, Kriss says the OYOBox has a wide-open market. “You can't give a gift in an optical industry, you can't give someone a pair of …
The company, whose shoes were made famous by “Sex and the City” character Carrie Bradshaw, benefits from high brand recognition and limited distribution in Asia, where consumers are tiring of widely available brands, according to Neev Capital.