SEOUL/PARIS: Six out of the seven new cities that will join the list of top cities for luxury goods over the next decade will come from China, although mature markets will still remain highly relevant, a new report from McKinsey has forecast. The …

Fondness for all forms of luxury like fashion products, accessories, bags & cases, cosmetics & fragrances, vehicles, utility gadgets, beverages and interior decoration products, has been seen since many centuries. In economic terms, luxury goods are …

Home to more than 250 million people, Indonesia is a paradise for consumer goods companies around the world, from car manufacturers to producers of luxury goods. Still, the government loses as much as Rp 424 billion in taxes each year from …

Retail analyst Mike Denis suggests that Clarke actually added to the stores' appeal by building cafes and gyms, and also tried to replace cheaper-priced products with profitable luxury goods, including cosmetics and cookware. However, these efforts …

panel-crop Most people think owning a 3D printer is like having your own factory in a box, and it is– 3D printing is extremely useful for mass production on the fly. However, 3D printing is also useful for making one-off, one-of-a-kind items. To prove …

Lotte representatives had promised, as they vied for the fiercely fought retail concession contract, to invest in a makeover that would give the concession areas a Guam-specific ambiance, in addition to new and expanded luxury–goods displays. To …

Ever since making his debut at his first official engagement on the family's tour of Australia and New Zealand in April, the adorable toddler has become a style icon in his own right and having a measurable effect on the children's luxury fashion …

The more subdued growth at Hermès sends a signal that the luxury–goods market is facing curbs on its growth. Hermès, which is seen as the most exclusive of the major luxury brands, often logs the strongest growth in the sector. Rival labels such as …

Based on these figures and the fact that handcraft today spells luxury, we should be the No.1 luxury producers in the world. And yet, we clearly aren't”. The most avid followers of hand-made luxury products are expats and travellers; they don't take …