Danziger said, "While marketers often talk about these young consumers as 'aspirational,' the challenge for luxury brands is to become 'inspirational' to the next generation who bring a unique functional and practical approach to their shopping behavior.

Labelux, the Swiss owner of luxury brands like Jimmy Choo and Bally, has begun talking with bankers about a possible 2014 IPO, according to The Sunday Times. www.labeluxgroup.com. Trinseo SA, a Berwyn, Penn.-based specialty polymers and plastics …

“It's a slaughter for a luxury product that people no longer require,” Fink said on Sunday from Geneva, where she will attend the hearing as an observer. “Two hundred years ago, we had a reason to kill seals. It was for their blubber that was used to …

Like other heritage brands, Smythson has undergone a 21st-century transformation as luxury morphs into artistry. The bags that had pride of place in the windows of the concept store Colette in Paris last week were not the London house's usual fine …

In addition to more than 900 boutiques of world-famous luxury fashion and home decoration brands featuring in the collection of Chic Outlet Shopping's nine luxury outlet villages, a number of top quality hospitality services will also be available to …

"It's a slaughter for a luxury product that people no longer require," Fink said on Sunday from Geneva, where she will attend the hearing as an observer. "Two hundred years ago, we had a reason to kill seals. It was for their blubber that was used to …

… 3.45 percent to 149.65 euros in morning trading. Such a profits fall is particularly unusual in the French luxury products sector which comprises many top global brands and has been boosted by broad expansion into emerging markets over several years.

Here's the irony of luxury products: The higher the price, the greater the attraction. What good is a $19,000 watch unless you can boast about being able to spend $19,000 on it? Such goods have their own economic descriptor: “Veblen Goods,” named after …

Cadillac's vehicles have a long tradition of luxury excellence. This year, Cadillac makes history with their new products. “Our first electric car just came in—the Cadillac ELR. This is a fully-electric vehicle that runs off of battery and you can …