The Bain & Co report, in collaboration with broker Redburn Partners and research agency Millward Brown, forecast that the luxury consumer base would grow by an average 10 million people a year. The study calculated the number of luxury goods buyers …

Image of Neiman Marcus shopfront courtesy of Wikimedia Commons Dallas-based retail group Neiman Marcus confirmed on Saturday that its customers may be at risk after hackers breached its servers and accessed the payment information of store visitors.

If Samsung and indigenous companies have the functional market covered, Apple's move to luxury might help it land higher-end fashion-conscious electronics consumers — millions of them. Having an iPhone was really neato early on. You had to have one, …

Social entrepreneur Scott Thompson is betting that environmentally conscious consumers in midtown Sacramento will embrace an alternative to Styrofoam takeout containers. “It was about this time last year,” Thompson said. “I remember sitting in a coffee …

Luxury retailer Neiman Marcus announced today that customers' credit card data may have been stolen in a hack similar to the Target security breach that affected millions. Neiman Marcus said in a statement that it started to hear reports of customer's …

For instance, expanding a luxury or a premium brand in a market that mainly holds value conscious customers does not make sense. On the other hand, focusing on an affordable brand in a market where customers hold some affinity for expensive products is …

Strong consumer sentiment for luxury eyewear, coupled with demand for industry products from optometrists, will support revenue growth over the next five years. For these reasons, industry research firm IBISWorld has updated a report on the Eye Glasses …

According to the announcement, the Brand Dependence Intensity score measures consumer dependence on a brand, representing “how much people are dependent on” it or “cannot live without it.” UTA's index found Samsung and Microsoft both outranked Google …

This is the latest sign of the uneven performance of many retailers during the holiday season despite the improving performance of the U.S. consumers. Wealthy consumers appear to be less enthused about buying goods and services than many experts …