Snow said that China's ongoing urbanization process and fast-growing residential building numbers have created a new generation of increasingly affluent consumers who are keen to fit their homes and offices with quality interior furnishings made from …

In what might be an early indication of a pullback in spending by mainland tourists, retail sales of jewelry, watches, and other luxury items plunged 40 percent in April, according to data released on June 3. … It's not as if affluent Chinese lack …

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Generally speaking we have seen the economy of China begin to stop its forward momentum and we can probably continue to see a reduction in demand for luxury items in that region. Overall the China region is expected to grow by 4%. Greater China's …

Major items among the long list of fuel efficiency tweaks that Ford has provided include the stepped-up EcoBoost engine, which we covered back in December when Ford rolled it out. There is also stop-start technology, and since we got a chance to test …

Not just that, the project's success has prompted affluent residents to cook fresh meals for the needy on a regular basis and/or provide them with basic groceries. “The idea was a spin-off from the leftover food project. We thought it was a good way to …

Traditional luxury companies that sell their products on the idea of exclusivity and status symbol have historically targeted only the affluent, which left an enormous untapped market of un-served and aspirational customers. The established industry …

For more affluent women the figures are far higher. One in five … Only 32 per cent of women have bought their most expensive item of jewellery – for the other two-thirds, it was given to them, most typically by their husband or boyfriend. An …

8, had promised to distribute the grant money, commonly referred to as "member items," based on income levels in the districts of the 51 Council members—a new practice that changes course from the previously arbitrary distribution of the funds. Mark …