The site offers a wide selection of pre-owned luxury products from designers such as Hermès, Chanel, Louis Vuitton, and has quickly established itself as the go-to brand for vintage luxury. LXR & Co launched LXRCo.com in early 2013 with the backing of …

No company has taken the luxury goods market by storm like Michael Kors has over the last three years. Its products have become the most desired for the consumer and the demand is only growing. The company went public just 21 short months ago and …

This is among the findings in PM Digital's Trend Report: Luxury Brands Online, which analyzes the state of luxury e-tail and predicts how emerging digital platforms and social media trends will impact the industry. "One of the aspects that makes this …

Though U.S. tax rates for federal taxes are not dependent upon where you live in the country, there are some drastic differences between how states collect taxes from their citizens – considering the different rates they tax for income, property …

BANGKOK, Sept 25 (Bernama) — Thailand's Ministry of Finance will seek the Cabinet to cut tax on luxury goods late next month, aimed to boost people's spending in the upcoming high season, Thai News Agency (TNA) reported. Permanent Secretary for …

… but with significant concerns about its stability. One executive found Japan to be a far stronger market than China, noting that Japanese wine consumers "have been buying Napa Valley wines for a long time and have a preference for those luxury …

A great product that never reaches a large audience is usually a failure except in the case of niche or luxury products like Ferraris. By dramatically increasing market share, you fend off competitors, and the associated economies of scale should …

Similar to luxury watches, brands such as Louis Vuitton, Chanel and Gucci are given top billing by the new rich in China, and have become favourite "presents" for officials. According to a 2012 study by Bain and Company, a leading global business …

As the government pushes for a cut in the luxury–goods import tariff in October, a Finance Ministry unit is suggesting Thailand put the plan on hold and use the tariff as a bargaining tool in the Asean-EU free-trade agreement negotiations. Areepong …