Chidambaram has told ToI that the government was looking to some more “import compression”, specifically relating to goods which could be produced locally or were in the nature of luxury items. In other words, the FM was now looking at clamping down on …

The study claims women who wear luxury items and designer brands are perceived to "have a more devoted partner and as a result other women are less likely to flirt with him." Carlson School of Management Associate Professor Vladas Griskevicius and …

When women purchase Louis Vuitton handbags, Jimmy Choo shoes, Prada sunglasses and other luxury items, are they subconsciously telling other women that their spouse or boyfriend is especially devoted to them and, therefore, off limits to anyone else?

“Europe, specially France and the UK, China and Japan are large consumers of luxury items. In Europe and Japan, a dedication to quality and craftsmanship is the reason for the level of consumption, while growing incomes in China are allowing consumers …

HBC bought the up-market U.S. chain Lord & Taylor, completing the acquisition in January 2012, and shed most of its Zellers discount stores during the last couple of years to focus its efforts more and more on the luxury consumer. Saks, in the same way …

The numbers suggest that the top of Miami's auto market continues to do well, as more consumers seem to be opting more often for high-end SUVs over luxury cars. In fact, among the 20 top-selling luxury vehicles in Miami-Dade, 14 were SUVs, including 11 …

In China, try $724,000. Wikimedia Commons. As any Chinese will tell you, buying a foreign car in China is a pricey proposition, and some are starting to wonder if China's luxury goods consumers are getting fleeced relative to their Western counterparts.

One of the best – selling luxury brands in Russia, Gucci is to take over the direct management of its operations in the country. Gucci is looking for a prime site in Moscow for a branded shop, as Vedomosti daily referring to real estate agents. The …

The blue-chip's UK sales were flat in the year to June but a 14% rise in luxury brands like Ciroc, Ketel One and Johnnie Walker Gold Label Reserve proved a stark contrast with a 3% fall in sales of the black stuff. The Ciroc “halo” — when a bottle …