It said that the "Middle East is growing at a steady pace, with Dubai continuing as the centre of gravity and the only city attracting foreign luxury consumers, such as Russians, Indians and Africans." Explained Cyrille Fabre, the Bain & Company …

This multi-brand luxury fashion retailer is the exclusive agent for Escada, Kenzo and Betty Barclay. At the outlet there were French, Italian and German designer names all at prices up to 80 per cent off, brands such as the ones mentioned earlier …

Affected by the slowdown in growth rate of Chinese mainland luxury market in 2012, major global luxury brands have adjusted their strategic layout in China in 2013, and most of them would rather enhance the performance of the existing stores than open …

CDNetworks is helping Swiss luxury leather goods brand Bally optimise its website and improve web performance for its customers in China. Since bally.cn adopted CDNetworks' solution, page download time has improved by 20%, resulting in faster …

Not many consumers would consider Chinese brands when they are buying a semi-luxury or luxury car, unless a certain model happens to really fascinate them. On the other hand, the main difficulty home-grown car companies encounter in their development …

The state government is buying luxury cars @ Rs 14 lac per car and for each minister, which would cost a total of Rs 5 crore. Toyota Fortuner 4WD has been bought at a cost of Rs 22 lac for CM Siddaramaiah. One wonders, whether there is a need to buy …

MUMBAI, India (AFP) – India, the world's biggest gold-buying nation, has slapped fresh curbs on imports of the precious metal in a bid to curb a record current account deficit. The Reserve Bank of India (RBI) announced late Monday at least one-fifth of …

Gold eases from one-month high on profit taking * Dollar strong, China PMI data weak * Hong Kong premiums stable (Adds comments, updates prices) By A. Ananthalakshmi SINGAPORE, July 24 (Reuters) – Gold slipped on Wednesday as investors took …

The recent rebound in gold prices has injected bullishness back in the market, as gold bugs call for further gains in the months ahead, with one analyst expecting bullion to hit $1,600 per ounce by year end. David Lennox, resources analyst at equity …