Counterfeiting plagues retailers and flourishes online where it's easy to set up shop, but the publicity generated by fraudsters hurt legitimate business. Case in point, Forbes magazine warned shoppers on Thursday to think twice before buying expensive …

Ven: From the aspect of professional women in the luxury space, the purchase of a car, garment or handbag will be an investment piece; each of these items needs to be beautiful, functional, and long lasting throughout its lifetime of ownership.

A 50-percent shareholder of Modell's Sporting Goods is not happy about CEO Mitchell Modell's alleged $7 million personal spending spree on corporate books, according to a report on nypost.com. After Modell's brother, Michael Modell, died in 2001, half …

No longer the sole domain of avid collectors, luxury collectibles are now considered viable alternative investments. Prices of luxury items, such as classic cars, ancient Chinese ceramic art, and rare coins, have reached record amounts in recent years.

The indictment, in the U.S. District Court for the Southern District of New York, describes a scheme, operated through a network of websites that purported to offer authentic luxury goods – primarily handbags – at prices of up to $3,000. The websites …

"Restaurants do such weird things to these products, but at home, regardless of the expense, the simplest preparation is best," says Mr. Kostow. Home cooks serving haute ingredients for the first time should stick to basic skills and pair exotic luxury …

However he also noted that Burberry could probably raise its prices in foreign currencies without losing customers. "The advantage of luxury products are that they have a lower price-elasticity of demand, meaning a change in price has a relatively …

The German discounters have gained market share with low prices on both everyday and luxury items, holding a combined 8 percent in the 12 weeks ended March 30, up from 6.3 percent a year earlier, according to researcher Kantar Worldpanel. Tesco lost …

For instance, according to Bain & Co, "The European luxury–goods industry, meanwhile, grew just 2 percent last year, slowing from a 5 percent rate in 2012." However, Europe still holds the top spot in marketing and selling luxury goods as this market …