Russian tycoon sues Dulux owners for £62 million over 'botched paint job' on his 391ft luxury yacht. Andrey Melnichenko says the paint job on his … But when the blunder takes a multi-billionaire's mega–yacht out of action, the result can be explosive …

Yet while the mood helped drive consumption of higher-priced item such as jewelry, watches and luxury goods, consumers were still budget-conscious in purchases of daily commodities and food, company president Noritoshi Murata said. "We hold the view …

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 …

More recently, sales have slowed as consumers tire of Vuitton's ubiquitous, logoed designs and sought out more exclusive items. LVMH, the world's largest luxury–goods maker, in April posted its weakest fashion and leather-goods sales growth since 2009.

Even whilst in the depths of recession, contrary to expectation it seems that luxury brands were able to maintain their popularity and thrive. Traditionally luxury brands have stood the test of time, but what drives the constant demand? When looking at …

THE black convertible Bentley Continental GT Speed – the fastest car the German-owned, though genetically British, car manufacturer has ever produced for the road – revs warmly at the starting point. But this is no ordinary racetrack, and no ordinary race.

… Dollar price updates on your mobile. NEW DELHI: German luxury car manufacturer Audi today said it expects sales in India to cross the 10,000 units mark this year on the back of sustained growth through new product launches and network expansion.

A recent Business Standard analysis of 19 listed realty firms from the BSE-500 index shows that despite net sales remaining flat at the end of March 2013, top builders are sitting on huge unsold real estate stock worth Rs 58,000 crore which could take …

The East Bay Luxury Housing Market Report is a monthly report by Coldwell Banker Residential Brokerage, which specializes in high–end real estate sales. Are you receiving Express, our free daily e-mail edition? See a sample and sign-up for Express.