Mr. Lahrs said sales have been softening in China since last year, when Beijing, in an anticorruption effort, banned civil servants from using government funds to purchase luxury goods. He declined to break out sales by country, saying only that sales …

Cheaper luxury cars – typically, they are priced between Rs 20 lakh and Rs 30 lakh – will occupy a fourth of the luxury car market in India in the days to come. … With the launch of volume products this year, we expect a double-digit growth in our …

Deerfield, Ill. — Bang & Olufsen is expanding distribution of its B&O Play sub-brand with the launch of select Play products through MrPorter.com, the U.S.-based luxury shopping site for men. The company launched the sub-brand in January 2012 to …

If you've been longing to try some luxury beauty products but were put off by the price tag, now might be the time to fill your makeup bag. Nordstrom's 2013 beauty anniversary event got underway on Wednesday, offering more than 100 fragrance, cosmetic, …

LVMH, the world's largest luxury–goods maker, this week agreed to buy 80 per cent of Loro Piana, valuing the company at 2.7 billion euros (S$4.45 billion), including net debt. The acquisition, which would be LVMH's biggest since its 2011 purchase of …

Leading online discount luxury retailer SmartBargains.com announces the addition of hundreds of new products to its growing Pet Corner today. Over 700 items from the two leading names in pet supplies: Go Pet Club and Majestic Pet Products are currently …

But the authors say that may simply be attributable to the ever-rising cost of day-to-day expenses, from groceries to electric and gas bills. In comparison, they note that the Great Recession group also showed a bit less interest in luxury items than …

Abe's policies have boosted Japan's benchmark Nikkei average by two-thirds since mid-November, cheering stock market investors who used their new-found wealth to splurge on luxury goods such as handbags from LVMH-owned Louis Vuitton and jewelry …

(NASDAQ: COST) is being sued by a luxury goods maker for selling or promoting luxury items that the warehouse store doesn't sell. Today, Michael Kors Holdings Ltd. (NYSE: KORS) filed suit; last February it was Tiffany & Co. (NYSE: TIF) that was peeved.