Last year, global sales of personal luxury goods rose 10 percent, to an estimated $281.3 billion, the third straight year of double-digit growth, according to a study by Bain & Co. Separate data from the NPD Group show that the intimate apparel is also …
Chinese tourists are being targeted by Paris pickpockets and muggers — and luxury brands that benefit from tourist dollars are worried the crimes may put people off visiting the city. As long as there has been tourism, there have been tourists who …
NEW YORK, Aug. 6, 2013 /PRNewswire/ — TAB NYC, a premier Luxury Fashion & Beauty Collective is set to introduce a unique and exquisite showcase of selections of luxury global fashion & beauty brands during the esteemed New York Fashion Week …
There's a new hotel brand coming to the Caribbean and you can bet the shops inside will be top-notch. LVMH Moët Hennessy Louis Vuitton has bought a five-star hotel on the island of St. Barths and is planning to open others in Egypt, Oman, and the …
Airport Authority Hong Kong (AAHK) has reported strong interest from retailers and brands for the 35 luxury goods boutique spaces it is offering at Hong Kong International Airport (HKIA). AAHK published a request for Registrations of Interest in 35 …
Boston, MA — (SBWIRE) — 08/06/2013 — PPR Group owns a number of leading luxury brands, the largest of which by value sales is Gucci. Gucci's growth has over the past several years been driven by Chinese expansion and as a result PPR ranked fourth in …
Potential bidders are eyeing more than 2,000 gold coins that go up for auction in Nevada on Tuesday after a recluse who died last summer left them in his Carson City garage along with precious metals worth millions of dollars. A part of the fortune …
The Boeing Co. (BA:US) 737-700 landed on its nose gear instead of the larger main landing wheels located beneath the wings, the NTSB said. The forward gear broke, snapping rearward and damaging an electronics bay. “A preliminary examination of the …
The C919 jet, under development by state-owned Commercial Aircraft Corp. of China Ltd., or Comac, is the nation's multibillion-dollar gamble against Airbus and Boeing Co.'s aviation duopoly. But early-stage design difficulties have forced Comac to …