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Luxury Products

L'Oreal halts sale of Garnier brand in China
economictimes.indiatimes.com

Western companies believe that the beauty and personal health products market in China, which accounted for more than a quarter of luxury goods sales there, still has enormous potential. However the sector has recently felt the chilling effect of a …

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McCartney: Luxury brands brainwash you
www.tv3.ie

Stella McCartney is sick of luxury brands that make a living thanks to fur and leather. Stella McCartney believes fashion houses "brainwash" their clients. The designer has her own eponymous label and is a big believer in not using leather or fur in …

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L'Oreal ends Garnier sales in China amid slowdown
uk.reuters.com

… report last year by Fung Group that cited the National Bureau of Statistics in China. But China is also a complex market with many pitfalls for foreign companies, while a slowing economy and crackdown on extravagance has weighed on luxury brands sales.

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Luxury renos for Tony's place
www.news.com.au

The firm describes itself as "importers and distributors of several luxury brands of interior products for architects, designers and other members of the interior design industry". Labor frontbencher Tony Burke said the splurge was a case of wrong …

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By dissing smart watches, luxury watchmakers are acting really really dumb
qz.com

Almost exactly a year ago, my Kickstarter edition Pebble smart watch arrived. I had ponied up the cash the first week that the founders posted the product on the crowd-funding website. Already the Pebble has become my primary time-keeping device.

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KC auto dealers pour tens of millions of dollars into facilities
www.kansascity.com

The 68,500-square-foot Lexus dealership joined Hendrick's Toyota-Scion and Infiniti dealerships just west of I-35, across from where the new Ikea store is going up, and in an area where other dealers offer luxury brands such as Porsche, Jaguar and BMW.

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CORRECTING and REPLACING Intel CEO Unveils Products, Initiatives and …
www.marketwatch.com

–Krzanich announced strategic collaborations with luxury retailer Barneys New York*, the Council of Fashion Designers of America* and international design house and curator Opening Ceremony* to explore and bring to market smart wearable technology.

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Assocham: Indian luxury market grew 30% in 2013
www.diamondworld.net

The luxury market rose 30 percent to $8.5 billion in 2013 from $6.5 billion in 2012, reports suggest. Consumer spending on high-end products and services included exotic holidays, jewellery, luxury cars, fine dining in five star hotels. The trade body …

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Published on Tuesday, 07 January 2014 Written by TCA
www.timesca.com

Addressing the Congress of ruling Nur Otan Party last October, Kazakhstan President Nursultan Nazarbayev said that taxes should be levied on luxury goods. "As I ordered, it is necessary to impose indirect taxes on luxury goods, expensive cars, and all …

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