Web users soon posted a series of photos of Yang Dacai, formerly the work safety boss in northern Shaanxi province, sporting a series of luxury watches. China's leadership has vowed to crack down on official corruption, warning it could threaten the …

GENEVA, Sept 12 (Reuters) – Luxury goods group Richemont's five-month sales rose 9 percent, while the company reported weak demand for its high-end watches in mainland China. "Asia-Pacific was led by good growth in Hong Kong and Macau, offset by …

Web users soon posted a series of photos of Yang Dacai, formerly the work safety boss in northern Shaanxi province, sporting a series of luxury watches. China's leadership has vowed to crack down on official corruption, warning it could threaten the …

Panama City, Panama — (SBWIRE) — 09/10/2013 — The number of luxury watch makers continues to grow, as do the number of models each offers. Different watches are being made to fill unique market niches, while others are created to be more generic so …

luxury-mooncakes.jpg China's anti-extravagance campaign, which has targeted government official spending on luxury cars, watches, beverages and more, is now clamping down on lavish moon cake gift sets, leading to a major drop in sales. [via China View] …

THAILAND. Thailand's government is to abolish import duties on luxury watches, clothes and cosmetics as it seeks to compete more strongly with Hong Kong and Singapore for wealthy travellers, according to a report from business news service Bloomberg.

VICENZIA, Italy — Italian jewelry and watch maker Morellato Group is not for sale and hopes to add other domestic brands to its portfolio, chief executive Massimo Carraro said. The global financial crisis, which sapped consumer demand for luxury goods …

Neiman Marcus Inc., the luxury retailer that filed for an initial public offering in June, has reached an agreement to sell itself to Ares Management LLC and the Canada Pension Plan Investment Board for US$6-billion. Check out Neiman Marcus' over-the …

As Fashion Week kicked off, the luxury department store threatened to pull advertising from The New York Times after the paper ran a profile of an ex-employee alongside a Barneys ad, Confidenti@l can exclusively reveal. The Gray Lady's Styles section …