… as these brands make only a few thousands of pieces and also change product lines quite often, it is a herculean task to comply with the local sourcing prerequisite with such small amounts of product. Scrapping this rule will mean easier operation …

“Hermès has no desire to become “masstige” (a mass producer of prestige goods) said the company's CEO Patrick Thomas in 2009, despite two-year waiting lists for its famous Birkin or Kelly handbags at the time. The luxury brand maintained that it did …

While builders recognise the need for this, home owners are yet to dissociate automation with luxury. "People still see this as a luxury product," said Aman Agarwal, 30, cofounder of a boutique architecture firm in Chandigarh, Charged Voids. The two …

Products with high quality but relatively cheap prices are Loréal Revital Lift Day Cream (35,000 won, US$34), Eucerin Hyaluron Filler Day Cream (56,000 won, US$54), Vichy Lift Active Day Cream (58,000 won, US$56), and Missha Time Revolution Immortal …

According to Kapur, it takes nearly a year and a half from design conceptualising to translating the product for retail shelves, all of which is done in-house. "In case of premium or luxury goods, their designs are the only unique selling thing after …

"In the last 10 years we have started to take our expertise from a very custom market to a more affordable product, but the quality of our less expensive product is also exceptional. It is very, very good," Reynolds said. "That's why most of our …

This has resulted in the company's products becoming more and more visible which has affected its appeal as a luxury product. However, the company's products priced above $400 have recorded strong sales, which shows that the company still has a strong …

This time around, though, that growth is being pushed primarily by expensive luxury products, while the bottom 90 percent of the market churns out a slow recovery. Since the average price of a Manhattan apartment hit the cellar floor at $1.3 million in …

Wristwatches, bags & suitcases and men's wear are major luxury apparel consumer products in China, which accounted for 72.9% of total consumption of luxury apparel in China in 2013. Among them, wristwatches made up the highest proportion 35.0%.