The pair, who are renovating their $11 million Los Angeles mansion following the arrival of their baby daughter North, have enlisted the services of the same company which supplies beds for the five-star, luxury hotel The Savoy in London. The Savoir …

“Shangri-La has had years of strong partnership with the industry's leader, Ctrip,” noted Kent Zhu, Chief marketing officer for Shangri-La Hotels and Resorts. “This time, we have teamed up with HHtravel, Ctrip's subsidiary specializing in luxury travel …

According to the study from the University of Minnesota, women's luxury products often function as a signalling system directed at other women who pose a threat to their romantic relationships. Carlson School of Management Associate Professor Vladas …

"It might seem irrational that each year Americans spend over $250 billion on women's luxury products with an average woman acquiring three new handbags a year, but conspicuous consumption is actually smart for women who want to protect their …

Chinese luxury consumers are much younger than their Western counterparts and do a significant amount of online research about brands and products. "If you create a relationship with them, that relationship can be very valuable for many years," said Mr.

LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of €13.7 billion in the first half 2013, an increase of 6%. Organic revenue growth was 8% compared to the same period in 2012, which itself saw strong growth.

"Some of the comments we heard were that the Chinese were getting a little sick of a Louis Vuitton store on every corner," said David Neville, co-founder with Marcus Wainwright of Rag & Bone. "Some of the really affluent people are starting to want …

A rising affluent class in China has boosted demand for high quality cigars, he said. “This lifestyle change has boosted demand for tobacco for making cigars in China,” Cholidi said. PTPN X is expanding its tobacco plantations accordingly. PTPN X's …

Yet some analysts believe the i3 could attract tech-savvy, status-conscious buyers, or become a second car for more affluent households. BMW insists the i3's 160-kilometer range is enough for drivers based in urban or suburban areas. The car recharges …