NEW DELHI: India's nascent luxury market is set to accelerate next year, crossing the $10 billion mark, boosted by a new breed of wealthy “closet” consumers whose spending power is increasing, a report released Tuesday said. Luxury sales will climb by …

The world's largest Chinese-language film awards show is taking place this Saturday, and luxury brands are hoping that the glamorous event will enhance their image in China. This year marks the 50th anniversary for the Golden Horse Awards (金马奖), …

Now, auto makers, and particularly luxury car brands, are shifting their focus, directing more energy toward exploiting an increasing convergence of consumer tastes among affluent drivers in the U.S. and China. One result of this is the coming wave of …

While Chinese desire for German luxury brands is strong, industry experts say loyalty to a single brand is relatively low, providing an opening for newcomers. Chinese consumers penchant for upgrading also means buyers are frequently considering their …

Prior to entering Executive Search, Rustin spent 15 years in publishing and advertising, where she focused on luxury goods and fashion. In her last publishing role, she was the Fashion and Beauty Manager for Condé Nast's House & Garden Magazine.

“It's much more important to have special consumables for the production chain that to buy luxury automobiles that satisfy only some specific person,” the Cabinet chief said. “In any case, people will have to pay more for that. We want to defend the …

Strength in purchases of bigger-ticket items last month, including furniture and automobiles, was an encouraging sign as rising stock and home prices help some Americans feel wealthier, said Stephen Stanley, chief economist at Pierpont Securities LLC …

In particular, the standardization of luxury–car features is driving the average higher every year, with buyers demanding features such as power roofs, automatic transmissions and power tailgates.“American consumers aren't the only ones wanting more …

"There is no doubt that full-size trucks are still the single largest component" of pre-tax profits at General Motors Co, Ford Motor Co and Chrysler Group LLC, a unit of Italy's Fiat SpA, according to Sterne Agee auto analyst Michael Ward. Even more …