Since a government campaign, which aims to limit the consumption of luxury goods via bans on certain products, was launched at the end of 2012, luxury banquets have dwindled and so too have the restaurants who supply them. "These bans are disastrous, …

Foreign companies have great advantages in China, he says, because they are often supported by brand reputation and heritage, especially in areas where quality is important to the Chinese, such as luxury products and food. Such advantages are …

German luxury carmaker Mercedes-Benz last week launched its premium sedan E63 AMG, priced at Rs 1.29 crore (ex-showroom Delhi) at the Buddh International Circuit in Greater Noida. The launch is part of Mercedes' plans to enhance its product portfolio …

Infiniti's future product strategy already was a story of big changes. But in recent weeks, the luxury marque has signaled that it will shuffle that plan. Johan de Nysschen, Infiniti's global boss now a year on the job, says he wants the brand to …

… says David Sadigh, founder and CEO of Digital Luxury Group, the firm that conducted the report. "(Its mother company) LVMH understood this very well, reacting immediately, announcing price increases and the production of higher-end leather products.".

110- the number of luxury products that two Chinese tourists were caught trying to bring into China without paying taxes at Shanghai Pudong International Airport recently. 187,000 square meters- the total area of old property that was demolished during …

Robert McDonnell, are under intense scrutiny for accepting luxury items and $120,000 in loans from wealthy Virginia businessman Jonnie Williams Sr. Federal and state investigators are probing the Star Scientific executive's ties to the McDonnells, who …

Studies show that luxury products, such as cosmetics, are among the first items families are forced to do without when times are tough. However, this new lip gloss line—including “Jellie,” “Shimmer” and “Sparkle”—is priced to be affordable for everyone.

High-end audio is sold as luxury products, and is priced accordingly. A TAD speaker can't be judged on the same value basis as a disposable product like a tablet, phone or computer. Those things are sold in the millions and get tossed out every few …