Senator recommended that the general sales tax (GST) on edible items of daily use such as rice, atta, ghee, pulses and lentils etc be reduced to 5 percent. To afford this shortfall, GST be increased to 25% in case of luxury items such as perfumery …

Japan is a key market for the British luxury brand, generating 12.8 percent of Burberry's pre-tax profit, or around 55 million pounds ($92.5 million), in the year to March 31, 2013. The profits came from licensing arrangements, some of which date back …

“We've created savvy consumers who want their basic needs and want to buy luxury items – quality over quantity consumers,” she said. “We need to find a balance between niche products and commodities, because both are needed to feed the world.

Restoration Hardware Holdings Inc. raised its outlook for the year as it reported strong sales and swung to a profit in its fiscal first quarter. Chief Executive Gary Friedman said the luxury-home-goods retailer continued to outperform the home …

Over time, the retired transition counselor with the event's sponsoring Contra Costa County Office of Education, has seen how the requisite, albeit subjective, weighing of luxury items versus necessities has morphed, given the impact of the cost of …

"It's a very clever strategy for these international brands," said Abraao Ferreira, a Brazilian-born luxury markets consultant. "Brazil's a really important luxury market now, and these World Cup items are a way of saying, 'We know who you are and we …

Bespoke: it's one of the 21st century's luxury buzzwords. From cars, motorcycles, planes and helicopters to fragrances, furniture and items of clothing, whether it's handcrafted scarves, shoes or exquisitely tailored suits, there's nothing quite like …

You also get luxury items such as Bluetooth connectivity to the sound system; keyless entry and electrically heated and folding side mirrors (for the two Fluid derivatives); USB and AUX ports for the sound system; an air conditioner and central locking …

It dawned on us that books tend to be luxury items for a lot of families. We started talking about doing a book drive, and through the good heartedness of our tenants, the idea exploded. Everyone thought it was a great idea!" Organizing the book fair …