Inmates buy these "luxury items" with either cash in their possession when they're booked into jail or when someone else — a family member, for instance — loads money on their personal, private accounts. The cost to stock and provide these items at …
Roger Dubuis is one of the smaller watch companies in the portfolio of Richemont, the Swiss luxury goods group. But its leader has big ambitions. “I always say you can favour another brand,” says Jean-Marc Pontroué, a Frenchman who has been chief …
The rapid growth of the Chinese economy and the penchant of its expanding middle class for western luxury goods has helped boost the value of Swiss watch exports to China from SFr45m ($49m) in 2000 to SFr1.45bn in 2013. That makes China the …
Global X has filed a prospectus with the Securities and Exchange Commission for an exchange-traded fund focused on equities of global companies that provide luxury products and services. The ETF would track an index that covers manufacturers and …
Since 2006, the Swedish furniture company has been using 3-D modeling to look products look perfect in the catalog with just the right amount of light and shading. "There was no vision initially to create entire rooms in CGI, like we do now,'' Enthed …
By cutting out the wholesale people and distributing the products directly to our consumers we can cut out the wholesale margin and deliver luxury products on half the price, compared to our competitors. Our manufacturers are producing for the worlds …
Paris: A four-year shareholder war between two titans on the global luxury products battlefield, Hermes and LVMH, has ended with a truce, driving down Hermes shares and leaving LVMH with a big profit. The agreement ends, for five years at least, any …
In these emerging markets, consumers are researching luxury products before making a purchase over the internet more than consumers in mature markets. Luxury shoppers in emerging markets are embracing mobile and social commerce. They are making …
French luxury products group LVMH and Internet search engine Google have agreed to work together to fight the sale of counterfeit goods online, the two firms said today. The agreement ends nearly 10 years of litigation over complaints by LVMH, owner of …