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

Only 60 of the luxury items were ever created in honour of Queen Elizabeth's Diamond Jubilee, meaning Kimye are among a very exclusive group. The bed, the headboard and the canopy are all covered in the same decadent gold silk used to create iconic …

An extensive survey was carried out for the study. "We found that a woman who is wearing luxury items and designer brands is perceived to have a more devoted partner and as a result other women are less likely to flirt with him," said Wang. Share your …

E-Notam's founder, Aline Conus, said, 'The limited edition versions of the Liverpool Encyclopedia are true luxury items. Designed in Great Britain to the highest specifications and produced by companies with generations of experience in craftsmanship …

… along with another prisoner. The Pink Panthers are said to have staged around 340 robberies on luxury stores in Europe, the Middle East, Asia and the United States since 1999. Interpol say the gang has made off with luxury items worth 330 million …

When the galley staff heard that inspectors were on board, they tried to quickly remove all trolleys and any items not in the fridges and place them in cabins out of the way, the company said. “It goes without saying that such practices are against …

A 10 percent tax applies on sales of luxury goods such as yachts and airplanes worth at least NT$3 million ($100,328), and furs and furniture valued at NT$500,000 or more. Taiwan in May lowered its official forecast for gross domestic product growth …

In 2012, the global luxury market valued EUR 212 billion, representing a year-on-year increase of 10%. Chinese consumers became the world's largest consumer group of luxury goods and they spent RMB 306 billion in the world, most of which was done in …

The slowdown of China's economic growth is being cited as the cause of the luxury market deceleration. Some experts said that well-known international brands had actually been hit harder by weak economic conditions and the government's crackdown on …