Malca-Amit is boosting its Asian storage facilities and has nearly completed a vault in Shanghai for precious metals, diamonds and other luxury items. Its gold vaults in Hong Kong and Singapore can hold 1,000 tonnes each. "Gold demand is on the rise.
Wegner says the survey also revealed consumers are projecting a more conservative "appearance" when it comes to spending, unlike the ostentatious shopping of the 1980s. This is backed by results that show less spending on luxury and fashion goods, …
Brian Buchwald, chief executive officer of Bomoda, a Web site providing information for Chinese luxury goods consumers, said tapping into the wants and desires of Chinese shoppers was now the “overriding opportunity for western companies.” “The rising …
Moemise Motsepe, fund spokesman, said the retail sector was primarily white and foreign-owned even though most consumers were black. "With the Ndalo Luxury Ventures transaction the NEF is laying the building-blocks of black participation in this sector.
“We're seeing a more affluent segment of our Nashville consumers that are looking for cutting-edge, upscale luxury in hospitality, retail, residential and fashion,” Mark Bloom said. Besides Warhol's paintings, the gallery will feature works by artist …
In this hour-long free webinar on Wednesday, Sept. 25 at 2 p.m. ET, panelists will also discuss how luxury brands and retailers must craft effective omnichannel strategies and tactics to generate new business from younger, more digitally savvy …
Auto sales in overseas markets increased 11.4 percent on-year in the first half, but domestic sales slid 0.8 percent due to persistent weakness of consumer sentiment and solid demand for foreign luxury cars caused by lower import tariffs following free …
Lexus vehicles and customer-service focused sales teams can be found at this dealership, which features new and pre-owned vehicles—including luxury and sport sedans, SUVs and convertibles. Financing, vehicle services and parts and accessories are …
"Visitors also glimpsed cutting-edge automotive artistry from Maserati North America, which showcased their latest high-caliber automobiles, the Ghibli sports sedan and the all-new full-sized Quattroporte. Guests enjoyed Perrier-Jouët champagne and …