German luxury carmaker Mercedes-Benz last week launched its premium sedan E63 AMG, priced at Rs 1.29 crore (ex-showroom Delhi) at the Buddh International Circuit in Greater Noida. The launch is part of Mercedes' plans to enhance its product portfolio …

As people's income grows, they can afford extra consumer items on top of the basic ones, and sectors such as luxury goods, travel services, communications, cars, skincare products and restaurants would see even faster growth, he says. Also …

Features include hand stitching and metalwork handmade by craftsmen who create jewelry for Europe's leading luxury brands. All Jill Milan products are free of animal-based materials such as leather, fur and wool. Jill Milan handbags have become …

… and gave the governor's family personal gifts worth thousands of dollars. Some of the 'luxury items' were said to include cosmetic dentistry work for the mother-of-five, as well as jewelry and a $15,000 Bergdorf Goodman shopping spree for Maureen.

Malca-Amit is boosting its Asian storage facilities and has nearly completed a vault in Shanghai for precious metals, diamonds and other luxury items. Its gold vaults in Hong Kong and Singapore can hold 1,000 tonnes each. "Gold demand is on the rise.

Wegner says the survey also revealed consumers are projecting a more conservative "appearance" when it comes to spending, unlike the ostentatious shopping of the 1980s. This is backed by results that show less spending on luxury and fashion goods, …

Brian Buchwald, chief executive officer of Bomoda, a Web site providing information for Chinese luxury goods consumers, said tapping into the wants and desires of Chinese shoppers was now the “overriding opportunity for western companies.” “The rising …

Moemise Motsepe, fund spokesman, said the retail sector was primarily white and foreign-owned even though most consumers were black. "With the Ndalo Luxury Ventures transaction the NEF is laying the building-blocks of black participation in this sector.

“We're seeing a more affluent segment of our Nashville consumers that are looking for cutting-edge, upscale luxury in hospitality, retail, residential and fashion,” Mark Bloom said. Besides Warhol's paintings, the gallery will feature works by artist …