Fondness for all forms of luxury like fashion products, accessories, bags & cases, cosmetics & fragrances, vehicles, utility gadgets, beverages and interior decoration products, has been seen since many centuries. In economic terms, luxury goods are …

With so much innovation in the field, this year will see a plethora of new and exciting services enter the luxury travel industry. Alongside the emergence of interest in previously unpopular destinations, 2014 will also pave the way for brands to tweak …

The entry could be a boost for the country's luxury retail sector, which represents a tiny fraction of global luxury brands' sales but has a fast-rising number of wealthy people. The sector has been hampered by high tariffs, complex legislation and …

The number of luxury goods buyers reached 330 million last year and is set to rise to 400 million in 2020 and 500 million by 2030 as more people become wealthy in Asia, Latin America and Eastern Europe, a study has found. The Bain & Co. report, …

A 24-karat gold statement necklace, a sleek ceramic iPhone amplifier that's more objet d'art than tech gadget and rich, creamy anti-aging serums are the sorts of luxury goods that would seem to have very little to do with giving back. But businesswomen …

Suman Mehta bought a Chanel perfume for Rs 1,500 per 100 ml from a neighbourhood departmental store in suburban Mumbai. It was a steal for her as that particular product would have cost her nothing less than Rs 7,000 at a Chanel store. However, only …

Luxury goods retailer Burberry was the biggest blue chip riser in London after it said third quarter retail revenues jumped 14 per cent to £528million in the three months to December 31. The like-for-like growth figure was 12 per cent, which was in …

The market for fake luxury goods with faked labelling is likely to double to Rs5,600 crore by 2015, with Indian consumers lining up for cheap 'duplicates' of luxury labels that are sold by small retailers across the country and now also by online …

Economic growth worldwide, rising income and wealth levels, consumption of luxury goods by middle class population and continuous global urbanization are fueling the development of the global luxury goods market. The growth of the luxury market had …