Brokers say auctions are becoming more prevalent methods to unload luxury properties. On Friday, a 56-acre property at 1621 Lower River Road, and known as Meanwhile Ranch, is scheduled to be sold at auction. The estate is listed for $27.5 million and …

Customizing treatment for specific consumer segments continues to be a major trend in the luxury industry. The Dorchester Collection previously toasted women and its female sommeliers from three properties with the first “Women in Wine Road Trip” event …

British consumers are one of the fastest-growing luxury hospitality groups, a new luxury hotel index has found. Digital Luxury Group's World Luxury Index into the hotel market found Brits to be the second biggest growing sector for luxury travel, up 8 …

China has about 600 secondhand luxury stores catering to consumers who share similar tastes to the nouveau riche yet balk at the country's high import taxes. "Market demand has skyrocketed over the past two years nationwide. Secondhand luxury goods …

China's mainlanders have always shopped for luxury goods in Hong Kong, owing to the special administrative region's lower taxes, but lately, discouraged by news of rampant counterfeit productions from rice and meat to condoms, mainlanders are now …

The first World Luxury Index Hotels examined luxury hotel brands by three categories – Luxury Major, or luxury brands of a major integrated hotel chain; Luxury Exclusive, or luxury brands of a small- or medium-sized luxury chain; and Upper Upscale …

This year's report reveals that Chinese consumer interest in the luxury market is dominated by heavyweights: Cars (53.50%), Beauty (22.70%) and Fashion (14.90%). New brands to enter the Top 50 are: Elizabeth Arden (#43) and Rado (#50), whilst Salvatore …

A chart of high spirits: Russia tops vodka consumption; India, rum: France, whiskey; Philippines, gin; and United States, tequila. $21 apples, $212 square watermelons and other expensive fruit in Japan, where they're considered luxury gifts. Are …

The emphasis on luxury in the latest announcements also underlines the role of high-end consumption in the world's second largest economy, with the country's burgeoning middle class playing a vital role in boosting sales of upmarket British brands such …