Have you been watching with envious eyes as some well-heeled co-worker or neighbor stocks up on luxury goods while you make do with whatever is on special at Target? The Wall Street Journal has an article this morning suggesting that the long luxury …
The luxury–goods business has been depending on an established piece of economic theory that goes something like this: The pricier an item is, the more alluring it will be and the more alluring it is, the more it will sell among the wealthy. But …
The largest global luxury brands are seeing growth stall in China. The average spending of Chinese luxury shoppers, identified as consumers with personal wealth of RMB 10 million or more, has reportedly fallen 15% since last year, and malls in the …
The world's biggest luxury brands are slowing their expansion in China as more consumers shop abroad, leaving mall operators holding the bag. Two-thirds of high-end retailers missed their targets for new store openings in China last year, according to …
I'm referring to cosmetic commercials. Not only do they employ women who least need their products, but then they use tens of thousands of dollars of professional lighting and other various trickery to ensure the models “glow” like angels. The sole …
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(Bloomberg) — Corina Su aspires to someday own a handbag or shoes from luxury brands like Louis Vuitton or Gucci. For now, Kate Spade, Michael Kors, or Coach will do. "We call these the American trendy brands," said Ms. Su, a 25-year-old who works in …
This year, Sterling is joined at the bar by a selection of world class spirits from the Diageo Luxury Brands portfolio — in a customized experience created exclusively for the Oscars. The specialty spirits celebrating the Oscars include Johnnie Walker …
For instance, for French luxury cosmetic brand L'Occitane male segment contributes almost 13% of sales in India compared to 5-6% in Japan and around 10% in Europe. For American brand Crabtree & Evelyn, men product sales in India account for 20% of …