“The account for flowers for his house and offices was about R28 000 a week and he regularly wrote out cheques of R20 000 to have each of his luxury cars polished. “His motto was that we should do nothing to save him money,” the employee said. “Ferrari …

On June 22, 2012, Tesla Motors (NASDAQ: TSLA ) delivered its first Model S, and since then, the car has received high praise and numerous accolades — Consumer Reports even rated the Model S at a near perfect score of 99 out of 100. … car" and thus …

The wheel arch of a Smart ForFour electric automobile, manufactured by Daimler AG, is seen during the compact vehicle's world premiere in Berlin, Germany. Daimler's Smart brand unveiled a new version of its two-seat city car and revived a four-seat …

Consumer spending has returned to prerecession levels and consumer optimism is up, according to the American Lifestyles Report 2014 from research firm Mintel. Mintel predicts spending will increase 3.6 percent this year. That means Americans will buy …

Wall Street pushed for growth, and Coach responded by opening a lot of outlet stores, which diluted the luxury brand notion. It also didn't … The company is aiming for the higher-end consumer again now that Vevers is executive creative director. He …

… trademark litigation but lost the trademark case because it couldn't provide sufficient evidence to show it had become well-known among Chinese consumers under the name Weige (meaning "mighty brother"). For similar reasons, luxury retailer Hèrmes …

LVMH and eBay have settled their counterfeiting dispute, and have vouched to work together to curb the online sale of luxury fakes. LVMH first began court proceedings in 2008 against the resale marketplace, which has … "Thanks to our joint efforts …

Holt Renfrew's Apartments address Canada's luxury consumers at a time of unparalleled competition. Saks Fifth Avenue will open as many as seven Canadian stores within the next several years, and Nordstrom will open several stores here, as well.

Chinese luxury consumers have been incredibly receptive towards the Tesla brand. On July 14th, news surfaced that one customer in Guandong province decided to crowd-fund his own Supercharger network. He later connected with Tesla, and plans to build …