Dr. Rick C. Ernst
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Luxury Items

First 'Flash Sales' Site To Go Public Is Zulily
www.cio-today.com

Flash sales sites typically offer a limited supply of luxury products at big discounts through online sales events that last for a short time. Zulily filed for an initial public offering Tuesday, putting the company on course to be the first so-called …

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North Korean leader splurges on luxury goods
www.itv.com

North Korean leader Kim Jong-un has been splurging on a number of luxury items, a new report submitted to the South Korean parliament has revealed. North Korean leader Kim Jong-un with officials pictured in September this year. Credit: Reuters/KCNA.

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Access to financial products is every citizen's fundamental right: Uttam Nayak
www.exchange4media.com

Consumers are much more cautious while buying luxury goods, big ticket items, and are slowing down on taking holidays. What kind of growth are you are seeing in Tier II and III markets? We are definitely seeing more growth in Tier II and III cities …

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US Retailers Recognize Golden Week's Heavy Influence
www.jingdaily.com

The most popular items purchased by travelers include watches, accessories, cosmetics, clothing, and shoes. Luxury goods in the United States can cost up to 30-40 percent less than on the mainland because of high taxes in China. According to the hotel …

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Alibaba to transform China's 'e-conomy' with $500 billion marketplace
uk.reuters.com

"Brands, especially for luxury and high-profit margin products, would prefer to have customers transact with them on their own websites." Businesses bypassing Alibaba's services would take more of the profits on transactions, own customer data and …

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Nissan Pulsar SSS is a rocket with refinement
www.stuff.co.nz

Door pockets, cup and bottle holders, the glovebox and seat back pockets take care of stowage, and all-up the car is a sensible choice for someone who wants a bit of performance but like some luxury items and refinement to go with it. If you don't …

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GOP genius: Budgeting one item at a time
www.dailyprogress.com

The country cannot afford many controversial and luxury items. Our current trajectory has already moved us toward financial default. Americans look at Greece and wonder how it got so far into debt. Many of those same people blame conservatives for …

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Buying Luxury is buying another person's Lifestyle: Darshan Mehta
forbesindia.com

By the 'twilight zone' I mean that luxury items are still seeing a jump. Bespoke shoes have seen huge growth. Q. When do you see a true luxury brand coming out of India? When people buy luxury, they are symbolically buying another person's lifestyle.

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This Luxury Retailer Should Get Better in the Long Run
www.fool.com

This is apparent from its near-flat comps and a mere 2% growth in revenue from the Americas. This doesn't mean that people are not spending on luxury items, however. A look at the performance of Michael Kors, which reported a 55% jump in revenue, a 27% …

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