Signs of economic recovery in the United States and Europe have increased demand for affordable luxury items, helping companies such as Michael Kors, Fifth & Pacific Cos Inc's kate spade, Fossil Group Inc, Estee Lauder Cos Inc and privately owned Tory …
According to the study, which analyzes luxury purchasing trends in China, consumers in mainland China and Hong Kong will stabilize their consumption of luxury goods over the course of 2014. The China Luxury Forecast also illustrates the sophisticated …
“As the products get better, the biggest differentiator in this ultracompetitive market will be the customer experience and the absolute power of the brand,” Cannon said. Every sale counts as Mercedes and BMW duel again this year to be the top-selling …
The new model could be followed by a slightly lower-priced product on a par with the Hyundai Genesis, company officials hint. But why are the Korean carmakers so intent on moving up-market? There are a variety of factors. For one thing, luxury vehicles …
“Ghesquiere, one of the favourite designers of the most sophisticated fashion insiders, could positively contribute to the repositioning of the brand towards more exclusivity,” said Mario Ortelli, luxury goods analyst at brokerage Bernstein. The …
The company's strong visibility in major travel destinations and its strong portfolio of luxury brands is fueling the growth in travel retail sales. Asian countries such as China, Japan and Thailand accounted for a large part of this growth, bolstered …
With the growing demand for luxury in India, however, brands are also focusing on the domestic market, in which the consumers' identification with a local luxury brand and the heritage it leverages is strong. The buoyant local luxury industry is …
The brush-roll cleaning technology is a particular favorite – it pulls jammed items from the brush and into the bin at the press of a lever. The bad: It is the heaviest and least maneuverable of the vacuums tested in this group. Don't take that to mean …
“As the products get better, the biggest differentiator in this ultracompetitive market will be the customer experience and the absolute power of the brand,” Cannon said. Every sale counts as Mercedes and BMW duel again this year to be the top-selling …