"These groups of consumers will be more rational in luxury purchases. They are looking for things that are worthwhile and are willing to spend money on items with better quality, rather than sheer displays of wealth," she said. Many Chinese people got …

“To the art of working well, a civilized race would add the art of playing well,” philosopher George Santayana said. For those with means, pursuing leisure can involve the finest components. Beautiful materials and craftwork can take these items into …

"These groups of consumers will be more rational in luxury purchases. They are looking for things that are worthwhile and are willing to spend money on items with better quality, rather than sheer displays of wealth," she said. Many Chinese people got …

Luxury items and electronics were flat and apparel saw modest growth. E-commerce sales posted a double-digit gain as Amazon.com (AMZN) reported what it called its "best ever" holiday season. IHS Global Insight economist Chris Christopher, whose …

Spirits are some of the most accessible items of luxury your money can buy. A few months ago, I visited the home of Moët & Chandon in France's Champagne region. The sheer panoply of experience, heritage, science, engineering and hard labour that goes …

Sales were strongest in jewelry and children's apparel, while sales of electronics and luxury items excluding jewelry were about the same as last year, SpendingPulse said. Sales of women's and men's apparel fell from last year, the researcher said …

Sales of holiday-related categories, such as clothing, electronics and luxury goods, rose 2.3 percent from Nov. 1 through Dec. 24 compared with a year earlier, the Purchase, New York-based research firm said today. Photographer: Craig Warga/Bloomberg.

Consumers spent more on jewelry and on children's clothing, while they held back spending on electronics and luxury items, SpendingPulse data showed. According to comScore, online sales in the period between November 2 and December 23 grew 10 …

According to Jing, the number of Chinese consumers purchasing luxury goods abroad is set to increase. Chinese tourists have been credited with helping to keep the flagging European and US luxury goods markets afloat. Chinese shoppers allegedly …