Commenting on the decision, Leela founder and chairman emeritus Capt CP Krishnan Nair said "the strong cooperation enjoyed by the two luxury brands over more than two decades has immensely benefited both The Leela and Kempinski, and helped …

The company is close to completing a joint venture agreement to make Houston-based JetSet Car Service the first luxury transportation company to offer services on its forthcoming online booking portal. Under the terms of potential definitive agreements …

Made from a variety of forms in terracotta, treated with resin on the inside, to painstakingly decorated works of art, each had its own story — of merchants and trade, high-sea travels and the exchange of luxury goods across the world. Slender …

CEO Angela Ahrendts said China's slowdown and lower sales of luxury items could be the “new normal.“ World Bank slashed its Asia forecasts. The development bank expects growth in China and developing countries in East Asia to increase 7.1% this year …

The first partial government shutdown in 17 years and the prospect of a lengthy budget fight could jeopardize the economic recovery and cool consumer sentiment, the auto market and sales of luxury goods. The economy has shown positive signs as …

"This is the moment that the stones are under risk because they can be passed hand-by-hand, they can be exchanged," said Melchionni, chief operating officer for Asia-Pacific at the Ferrari Group, an Italian logistics company for luxury goods. "Every …

PARIS (Reuters) – China's slowdown could be more than just a passing phase for the luxury goods sector, the head of British fashion house Burberry (BRBY.L) told French newspaper Les Echos in an interview published on Monday. The Chinese economy's …

Luxury marketers called for greater participation and enacted educational endeavors to transform ordinary fans into loyalists and increase global awareness via mobile. In the third quarter, luxury automakers leveraged Instagram's community-building …

Generous rules for business "luxury" autos . To maximize first-year deductions, a business that plans to buy a new automobile, light truck, or van for trade or business use should buy the vehicle and place it in service this year. The first-year dollar …