Target (NYSE: TGT ) suffered from weak holiday sales in 2013 because of a series of missteps including a re-designed e-commerce site that confused consumers ahead of Black Friday and a massive security breach between Thanksgiving and Christmas that …

Aside from regular iPhone 6 units, Asian consumers also have a taste for luxury goods too. In Hong Kong's Wan Chai district, vendors offer the gold iPhone 6 Plus for between HK$18,000 and HK$28,000 ($3,600). This opulent device is retailing for more …

Chrysler has just launched the Chrysler 200 Factory Tour, which takes consumers inside the completely overhauled assembly plant to show off not only the state-of-the-art manufacturing processes but, especially, features of the new 200 that are …

Luxury goods group Prada's net profit fell 20 per cent in the first half of this year as the once fashion darling of the stock market admitted the economic downturn and geopolitical uncertainty were “negatively influencing consumer attitudes”. Shares …

Sanjay Kapoor, MD, Genesis Luxury believes that the luxury consumer has definitely become younger and the demographics are becoming wider in all aspects—gender, geography or age. Here are the excerpts of his interview with Anita Khatri of Zee Media.

The popular notion that shelling out more for luxury items guarantees better craftsmanship, better fit or longer use isn't always true. There's a fair amount of disparity between real value and perceived value, despite the fact that the number of …

He added that the company is building an eclectic Main Street shopping experience, where consumers vistually wander around “a luxury shop sitting near a vintage shop [that's] near a collectibles shop.” An example of an 11 Main shop is Northern …

WASHINGTON, September 18, 2014 — Chinese Premier Xi Jinping's anti-corruption campaign is not only attacking graft in the country. It's also stunting the massive spending spree by China's middle class. The anti-graft drive is already hurting luxury …

As Kirsten Grant Meikle, director of the newly created prestige arm of William Grant, explained, “the world's luxury map is shifting”. “Geography doesn't so much define the opportunity, and therefore thinking must shift to focus on consumers, not …