… along with another prisoner. The Pink Panthers are said to have staged around 340 robberies on luxury stores in Europe, the Middle East, Asia and the United States since 1999. Interpol say the gang has made off with luxury items worth 330 million …

When the galley staff heard that inspectors were on board, they tried to quickly remove all trolleys and any items not in the fridges and place them in cabins out of the way, the company said. “It goes without saying that such practices are against …

A 10 percent tax applies on sales of luxury goods such as yachts and airplanes worth at least NT$3 million ($100,328), and furs and furniture valued at NT$500,000 or more. Taiwan in May lowered its official forecast for gross domestic product growth …

Researchers from the University of Minnesota conducted five experiments featuring 649 women and found that some ladies use "conspicuous consumption," or buying luxury items, to protect their relationship. "When a woman is flaunting designer products, …

For a long time it has been a rather one-sided exchange, but could European consumers finally be starting to embrace Chinese luxury? “There's a growing audience for Chinese brands – it's more lifestyle and homeware products at the moment, but that …

The study says a "woman who is wearing luxury items and designer brands is perceived to have a more devoted partner and as a result other women are less likely to flirt with him." Also, that other women assume a man bought those luxury items for her.

Economy Minister Mihaly Varga has been asked to extend family tax benefits and to raise VAT on luxury items when outlining next year's tax regime. Visit www.hungarymatters.hu to receive Hungarian news agency MTI's twice-daily newsletter. Topics.

“It might seem irrational that each year Americans spend over $250 billion on women's luxury products … but conspicuous consumption is actually smart for women who want to protect their relationship,” Carlson School of Management Associate Professor …

Affordable Luxury. Starbucks raised prices for some of its drinks at U.S. company-operated cafes last month. In some areas, it was the first price increase on Starbucks items in as long as two years. “They're positioned like an affordable luxury …