PARIS (Reuters) – China's slowdown could be more than just a passing phase for the luxury goods sector, the head of British fashion house Burberry (BRBY.L) told French newspaper Les Echos in an interview published on Monday. The Chinese economy's …
Luxury items like flowers were non-existent. The meeting room, literally, made me feel nauseous, and to this day the horrid mix of colours makes me feel queasy. It was made clear to me that employees routinely stayed at the office until 8pm or 9pm …
Traditionally the 'twos' have made money competing with each other for our dollar whilst supplying our shopping needs in their categories; food and luxury clothing and high-end hard goods. However, the 'threes' have only rarely ALL made good returns …
Take a look at this video from Middle East Business Report: Super rich 'looking for bling bling'. It's Howard Johnson at the luxury goods expo in Abu Dhabi, with everyday essentials such as a gold-plated car or the "human regenerator" – apparently it's …
The government in September imposed a 10 percent cut in a range of administrative costs, describing the limits on travel, car purchases and the use of luxury hotels as austerity steps. Mayaram may be saving at least $3,000 … Finance Minister …
Wine, art, gems, jewelry, and watches are a few examples of luxury items rapidly growing in popularity as investment items for China's wealthy as hard assets continue to be seen as more stable than an unpredictable stock market at home and global …
While Abe's policies have lifted the stock market and spurred spending on luxury goods, overall retail sales have grown only tepidly since he was elected last year. A sales tax increase could also dent consumer spending once it takes effect in April …
Cash registers, parking machines and safes were reportedly pried and in some cases shot open, while various electronics were pilfered including laptops, cameras, stereo equipment and smart phones as well as luxury goods like Swiss watches and perfume.
“Cars are also considered luxury items in these countries and consumers were willing to pay a 'brand premium'.” Hezeri gave an example of a Toyota 86, which was considered an entry level sports car in those markets but was considered a premium sports …