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 …

And, although Mr Damelin may hate that phrase, the biggest, most sophisticated of them all by a very long chalk is Wonga, the company which provides small, short-term loans at unpalatably high interest rates. According to the … While being highly …

… full potential of its acquisitions by now but as we can see, they have bought a lot of them this year and something big is cooking in their oven. Google bought Motorola a year ago and finally this year they are set to release its high–end device …

The company said this week that there are now half a million developers in China working on apps for Apple gadgets, about 70 percent more developers there than last year. Siri with a Boston accent? Apple has an office in Boston where a … Its …

Samsung Electronics announced a US$1 billion increase in investment yesterday, hoping a strong recovery in semiconductors will make up for weakening smartphone growth as it faces mounting pressure to produce eye-catching new gadgets. … "It is clear …