Diamond and gemstone miners are expected to benefit from rising demand for luxury goods as the number of high net worth individuals worldwide continues to grow, Sanlam Securities UK said in a review of the sector. “We believe companies with exposure …

A new global research report conducted by HSBC has coined the name "Yummy," short for young urban males who spend frivolously on luxury clothes, grooming products, and other shit that makes them feel more attractive. HSBC recently gathered findings …

Research from KPMG shows wealthy Poles spend 18% of their income on luxury goods, and aspirational Poles spend 13% on luxury goods. The total spend in Poland in 2012 on luxury goods was 36.8bn zloty (around £7.2bn), up by over 10% since 2011.

I recently attended an event where one of the speakers suggested that investors should buy 'happiness stocks', examples of which include luxury goods companies such as LVMH (Moët Hennessy Louis Vuitton), L'Oréal, Prada, and Tiffany (he also extolled …

Instead of only offering basic skincare brands, like Olay or Neutrogena, Target is now featuring several luxury skin care brands — both foreign and domestic — in the department, which is separated into two different categories: dermatological …

But some analysts say the Paris-based group has yet to make the most of the purchase, arguing that the product mix is too thin – and too expensive – while the retail strategy needs a serious overhaul. Luca Solca, a luxury analyst at Exane BNP Paribas …

They held two men, aged 43 and 48, who are thought to be part of an international criminal network importing and selling a range of pirate luxury fashion goods for huge profits. Police believe the suspects were planning to sell the phoney items online …

Moreover, in order to reduce expenses, three out of four consumers have reduced their purchases, mostly avoiding luxury products and opting to buy necessities instead. On the other hand, an increasing amount of consumers (67 percent) chose the most …

View comments. Luxury brands are reporting booming sales of erotic products from a new group of women known as 'Sindies'. Sindies are Single Income Now Divorced – high-earning females, often with children, back on the dating scene and looking for fun.