… and an additional $4.4 million by eliminating a rebate on amusement taxes charged on luxury skyboxes at city stadiums. And the city expects to bring in $75.4 million more from higher-than-first-predicted collections of utility, property transfer …

Luxury brands have been hiring bloggers to plug their goods for years. But words are so Gen Y. Now marketers from companies like Burberry, Holiday Inn and Nike are trying to leverage the visual Internet to reach a young generation of consumers that …

Although luxury hotels in China are still feeling the effects of the government's anti-corruption campaign, Chinese consumers' interest in luxury hotels is at an all-time high based on internet search results. The new “World Luxury Index Hotels” report …

“Design Your Own” gives consumers the opportunity to design their own interiors using an online tool on the Katzkin website. The majority of customers wind up ordering a Katzkin Design interior. Mayberry believes that the breadth of choice in the …

LVMH, which is viewed as a bellwether for the luxury industry, along with rivals has seen demand slow in former buoyant markets such as China, where an anticorruption campaign has dented the habit of gift-giving, notably hitting sales at the group's …

The industry is feeling the effects of EU and US sanctions against wealthy Russians, another key consumer group for purveyors of luxury goods, and concerns are growing over the possibility that the intensifying conflict in Syria and Iraq could affect …

It even sounds glam. The Shangri La hotel group has become the world's fastest growing luxury hotel as ranked by consumer interest, the Digital Luxury Group said in a report released on Tuesday. Hong Kong based Shangri La is five star luxury resort …

A government campaign against the high pricing of luxury cars on the mainland is hitting the profit margins of dealers, prompting them to supplement income through the online trading of second-hand vehicles. … But with the prices of new cars falling …

But suddenly, luxury products that in the past might have lured consumers and built their brands around exclusivity and lavishness need to prepare for a new generation of consumers who aren't necessarily looking for an elite-only items, and are …