… said the prices have increased considerably as the holy month progresses due to the sharp shortage of supply in local production. "The prices have reached such levels that only affluent families can afford to buy these products," he says. Rate this …

Over the years, we've heard plenty of rumors about specific head coaches, assistant coaches, scouts, and other executives who follow the work hard/play hard lifestyle by playing with too much hard liquor and other intoxicating beverages after a long …

Cachet Hotel Group, Hong Kong, said its Cachet hotel and residences are designed to attract affluent connoisseurs by offering an “all-inclusive” luxury proposition including fine dining and spas. Cachet hotel and residences will be primarily new build …

As part of his plan, which essentially aims to marry the ubiquity of mobile phones with burgeoning concerns over lifestyle diseases, primary school-educated health workers will collect weight, temperature, blood pressure and electrocardiogram readings …

For decades, angel investors, who have an ultra–high net worth, have placed huge sums of money in the hands of start-up entrepreneurs, getting in on the ground floor of what they hope will be successful investments. The fact that they are extremely …

Vianel came on the scene after the gap in the American market for men's luxury leather goods. Promising the best quality with a modern and minimal design, the luxury products recognize and underscore the role small leather goods play in personal style.

That infusion is helping to boost Mexico's luxury goods market, which is projected to expand 12 percent this year, on par with growth over the last four years, according to Bain & Company, a consulting firm. By contrast, total retail sales grew 3.7 …

According to the spring edition of Bain & Company's Worldwide Luxury Markets Monitor, Dubai makes up the impressive 30% of Middle East's luxury goods market. In addition, the study has found that the luxury market continues to register growth.

Last week, I wrote about what traders consider to be the No. 1 rule of technical analysis, and that is to buy what's making new highs. On Friday, we saw those new highs in many of the major market averages, including the Dow, the S&P 500 and the …