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 …
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 …