Foreign companies have great advantages in China, he says, because they are often supported by brand reputation and heritage, especially in areas where quality is important to the Chinese, such as luxury products and food. Such advantages are …

Infiniti's future product strategy already was a story of big changes. But in recent weeks, the luxury marque has signaled that it will shuffle that plan. Johan de Nysschen, Infiniti's global boss now a year on the job, says he wants the brand to …

German luxury carmaker Mercedes-Benz last week launched its premium sedan E63 AMG, priced at Rs 1.29 crore (ex-showroom Delhi) at the Buddh International Circuit in Greater Noida. The launch is part of Mercedes' plans to enhance its product portfolio …

As people's income grows, they can afford extra consumer items on top of the basic ones, and sectors such as luxury goods, travel services, communications, cars, skincare products and restaurants would see even faster growth, he says. Also …

Features include hand stitching and metalwork handmade by craftsmen who create jewelry for Europe's leading luxury brands. All Jill Milan products are free of animal-based materials such as leather, fur and wool. Jill Milan handbags have become …

… and gave the governor's family personal gifts worth thousands of dollars. Some of the 'luxury items' were said to include cosmetic dentistry work for the mother-of-five, as well as jewelry and a $15,000 Bergdorf Goodman shopping spree for Maureen.

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 …