(Manama – Bahrain, 14th September 2014): Nearly two-thirds (59%) of luxury spenders in the MENA region are now choosing to spend more of their money on enriching experiences rather than goods, according to the new American Express Middle East …

“We're moving away from conspicuous consumption towards consumption with a consciousness; and as a result the balance of power is shifting away from the luxury houses who previously dictated to us what products defined extravagance year-by-year.”.

"They are essentially transient products rather than items of enduring value," said one anonymous Swiss watch industry expert, as reported by The Financial Express. Of course, not all share such pessimism. Some analysts are expecting the Apple Watch to …

"They'll begin with two prototype products and later there will more options to follow, and the hope is to create something that becomes as successful as the luxury handbag market." The slew of band options is an obvious effort by the company to make …

With participation of Ebates, Rakuten Group aims to create the world's largest product line-up ranging from niche to luxury products, and to allow consumers to enjoy points rewards and cash-back upon purchase of products over various partner sites …

While investors are more prudent now on discretionary demand in emerging markets , “the appetite to own fast-growing companies that could later be acquired is still there,” said Luca Solca, who heads luxury–goods research at Exane BNP Paribas. “I would …

Chris Green of DailyNK, a Seoul-based online English newspaper, wondered whether the visit might be related to luxury goods, such as yachts. These products – believed by some to be instruments with which Kim buys the loyalty of North Korea's elite …

… DKNY as good examples of how designers can make lower-income consumers feel like they're part of a luxury brand, while keeping the elite feel of the label alive among true luxury shoppers—who can differentiate the premium products from the sub …

As per the SEC filing, the proposed passively managed fund seeks to match the performance of the FTSE Luxury Consumer Index. The index tracks the performance of companies which are primarily involved in providing global luxury goods and services.