In an interview with fibre2fashion, Ms. Perrine Ardourin, event director of Cashmere World, said, “Cashmere has always been a luxury product and it accounts for only one percent of wool produced worldwide with a market of 15,000 tonnes.” Cashmere World …

It's an interesting turn for LVMH, given that its forte is in developing and selling luxury products, and this new foray into hospitality is hard for some marketing experts to grasp. Nonetheless, LVMH will have a place to tote its fragrances, spirits …

FIRST CLASS No need to skimp on opulence with travel minis. Oskia has it covered with its Luxury Travel Set. A luxury purple croc leather travel roll contains three of Oskia's hero products to get your skin glowing post-plane, €138.78, www …

Spa Ceylon, the local luxury lifestyle brand with a truly Ceylonese identity is set to take the international market by storm as they expand their product and service offering to 7 countries this year, with over 16 outlets planned to be opened in the …

"All white goods can be classified as luxury items but these are not a significant portion of total imports," said a finance ministry official, who did not wish to be identified. At $31 billion, electronic goods comprised 6.3 per cent of the total …

With over 1.3 billion people and much of the world's manufacturing and economic power, China holds incredible buying power and a nigh-insatiable lust for luxury goods. For high-end car makers like Tesla Motors though, selling products in China is both …

Clothing, shoes and electronics were the top three categories for foreign brand purchases, although there was a distinct shift towards subtle luxury and a disdain for fake products. Fifty-two per cent of those polled in the survey agreed that "I prefer …

According to most luxury brands exhibiting at this year's event, 'Whilst domestic demand for luxury products is still relatively weak in Spain, luxury brands are still highly sought-after by visiting tourists.' Now in it's the third year, Marbella once …

Over the years, however, the company has been the subject of lawsuits claiming that founders spent millions of dollars in company money for luxury items, including exotic vacations, country club memberships and chartered jets. Most recently, XanGo …