This year, the spending was mainly on luxury property, yachts and jets, as well as education. Last year, however, the most significant categories were luxury travel, accessories and skincare products, and automobiles. Among all categories, luxury …
TIYAN, Guam – Lotte Duty Free, Korea's largest duty free retailer, officially unveiled their new retail space at A.B. Won Pat International Airport in Guam today. Following a 12-month, US$20million refurbishment investment in the transformation of the …
This means that a shift in luxury product marketing strategy is inevitable. For example, a 2012 study conducted by Pulse Opinion Research found that women spend over $300 billion per year on vehicles, a purchase most often associated with the males of …
"If you look at the last five years of Apple product announcements in the fall, the stock does that about 95 percent of the time. It runs up and it often sells off actually after the products are seen. So there's no risk coming right now … very low …
The move should “make clear we are serious about Lincoln as a world-class luxury brand and that product excellence and innovation are what will deliver growth and define our entire company going forward,” Fields said in the statement. Ford also …
There was a time when it was said that luxury brands were recession-proof. You could safely say that because luxury brands possess something regular brands don't – an increased emotional engagement quotient that provides consumers with products that …
“While our industry has historically positioned organic mattresses narrowly and only to the very chemically sensitive, I see a much greater opportunity if we can partner with retailers and position our products to a much more mainstream market of …
… however, was likely to be "less dramatic" than in the first half, it said. Some watchmakers and luxury products companies have experienced a sharp fall in sales in China owing to a clampdown there on corruption and ostentatious entertainment and gifts.
Chinese consumers spend RMB350 billion (US$56 billion) annually on luxury products, of which two thirds are purchased overseas, according to a research report from Bain & Company. Founded in 2008, Secoo.com provides both online and offline services …