Designer hotels are aiming to take a piece of the growing pie with luxury products, spa offerings and a keen attention to detail. A Roberto Cavalli-branded hotel is in the pipeline, while the Palazzo Versace hotel is scheduled to open in the spring of …

The development comes as LVMH, the largest luxury company in the world, announced at the end of last week that it has seen a drop in demand from mainland Chinese shoppers as well as a slowdown in Hong Kong, where pro-democracy protests have …

TOKYO — A senior Lexus executive said that a car priced below $30,000 would not be worthy of the brand, in an indirect dig at German rivals who have been moving downmarket. “We could go down and build a car under $30,000, but it would be decontented, …

The testimony is important because federal prosecutors are trying to show McDonnell and his wife used the prestige of the governor's mansion to push the products of Williams' company, Star Scientific, in exchange for his largesse. The testimony capped …

During 2004-2011, China's total consumption of luxury goods showed a CAGR of 20.9%. However, since 2012, influenced by the policies of anti-corruption, suppression of gifting and consumption with public funds, the growth rate of luxury consumption in …

Three or four years ago there were plenty of web sites in China specializing in luxury products. Most are gone now, having disappointed their customers or frightened off the luxury brands they were dealing with. But there are still some ambitious sites …

Luxury demand is shifting as supply increases. To cater to the wealthiest shoppers who want products few others have, widely available brands such as Louis Vuitton and Kering SA- owned Gucci are curbing expansion and adding more expensive goods.

"LVMH-Moët Hennessy engages in the manufacture and sale of luxury products. The company operates through Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, and Selective Retailing business groups.

JH Partners sold its majority stake in luxury linen maker Frette to Change Capital Partners earlier this month, proving the global allure of Italian luxury goods. Amy King looks back on the deal. After a 10-year holding period, an offer from Change …