When it comes to alcohol, baijiu makers such as Moutai and Wu Liang Ye and wineries such as Great Wall and ChangYu struggled in a continued year of China's crackdown on official banquets and luxury gifting. Moutai, which came in at 12th, declined in …

“Our goal is to offer consumers the world-class luxury choice of accommodation in Hanoi. In doing so, we want to be part of a growing contingent of hotel options helping to leverage hospitality standards in the city." Marriott International has more …

The company sells directly to consumers, much like how Apple sells its iPads straight from an Apple store. But the Massachusetts Auto Dealers Association … It's called a Model S, and it's an electric, luxury sports car. Motor Trend named it the 2013 …

No doubt the biggest factor in Mercedes' ability to take the crown from BMW after the latter's two-year reign will prove to be great reception by American consumers and fantastic timing for the September launch of CLA-Class, an entry-level luxury sedan …

Mr Train warned that providing 'the luxury of electricity that we desire' would mean customers paying billions more to upgrade the power network. His comments – described as 'hugely misjudged' by critics – came as the Big Six energy firms made a …

The German auto makers' battle for supremacy in the global luxury car market is paying off for customers with earlier holiday promotions that are lifting demand at U.S. retailers like Steve Shaheen. "We feel the competitiveness of both manufacturers …

There was, the report suggested, a 'middle class' mindset in India among those who had become newly rich and this was creating an inner conflict that shaped the closet consumer, a cost-conscious shopper seeking value even when buying luxury products.

Why do you think you can succeed in turning the possession into a rental item? Randy Brandoff: At NetJets and Marquis Jet, I experienced firsthand how many consumers of luxury products are increasingly interested in access rather than ownership …

Between higher unit sales and higher transaction prices per unit, consumers were expected to spend about $30 billion on new vehicles in November, 10 percent more than they did in November 2012 — and nearly double the level of November 2008 as the …