Clik here to view.
Six months after Brexit vote, London is even more of a bargain
Odd Anderen | AFP | Getty Images In the six months since British citizens voted to exit the European Union, one thing has remained the same: Great deals for tourists. Right after the vote, there was a...
View ArticleClik here to view.
Tourists prefer the UK over France in luxury spending: UBS
China Photos | Getty Images News | Getty Images Tourists looking to buy luxury products are heading to the U.K. to profit from the falling pound, UBS said in a report on Tuesday. France, a popular...
View ArticleClik here to view.
Top 5 brand holiday efforts of 2016
Fendi’s snowman sporting its Hypnoshine sunglasses Market challenges and global turmoil aside, luxury brands and retailers put “the reason for the season” ahead of overt product pushes for the...
View ArticleClik here to view.
Online retailer TrustLuxe sets sights firmly on Chinese luxury consumers
Fashion entrepreneur Carmen Busquets, who co-founded British luxury e-commerce site Net-a-Porter and worked with designers John Galliano and Alexander McQueen, has set her sights firmly on China....
View ArticleClik here to view.
Best-performing companies for fashion, luxury come from US, says BCG
Image courtesy of L Brand’s Henri Bendel The behavior of millennial men is driving the market, leading 7 out of 10 top performing fashion and luxury companies to hail from the United States and has put...
View ArticleClik here to view.
Embracing 2017 with open arms: A year end update from TheTopTier Digital Media
As 2016 is in its final hours, most in the luxury industry are happy to see the end of the year and look forward to a fresh start for 2017. This past year was not good to the luxury industry. Europe’s...
View ArticleClik here to view.
5 China Luxury Market Predictions for 2017
Depending on whom you ask, Chinese shoppers make anywhere from 30 percent to half of the world’s luxury purchases. While Bain & Company estimated that their share of the global luxury market...
View ArticleClik here to view.
Which Luxury Brands Will Have the Luckiest Chinese New Year?
A Fendi store in Chengdu. (Facebook/Fendi) At a time when China’s economy faces turbulence and the country’s anti-corruption campaign continues at full speed, some luxury brands are faring much better...
View ArticleClik here to view.
Mercedes-Benz just dethroned BMW as the king of luxury cars in America
Mercedes-Benz CEO Dr. Dieter Zetsche. The results are in. Mercedes-Benz is now the top selling luxury car brand in the US. Mercedes took the top spot selling 340,237 vehicles in the US in 2016. Lexus...
View ArticleClik here to view.
After a horrible year, luxury fashion brands pin hopes on the return of...
The global fashion industry is hoping for better times ahead after 2016 added up to one of the most difficult years on record The global fashion industry can look forward to better days in 2017 amid...
View ArticleClik here to view.
The luxury goods market to return to growth in 2017
For the first time since the financial crisis of 2008, the global market for personal luxury goods in 2016 failed to grow, stalling at €249 billion (about $258 billion). According to a report on the...
View ArticleClik here to view.
Local demand helped fuel record growth in Toronto luxury real estate
Property listed by Sotheby’s Realty in Toronto The Greater Toronto Area saw the sharpest growth in luxury real estate among the major metropolitan Canadian market in 2016, with sales of homes at $1...
View ArticleClik here to view.
Richemont Group returns to growth
Richemont shares surged on optimism the Swiss watch industry may be bottoming out. Richemont advanced as much as 9.4 percent to a one-year high after a gain in sales of timepieces at the Cartier...
View ArticleClik here to view.
Luxury for millennials is more than a price tag
They want to be directly part of the experience that these labels want to portray The attitudes and habits of the millennial generation continue to grow in economic power and influence. Already the key...
View ArticleClik here to view.
The 10 best cities for the ultra-rich to buy luxury homes
It’s the sort of decision dreams are made of: Where should you buy your luxury home? Global wealth information company Wealth-X collaborated with Warburg Realty and Barnes International Realty to...
View ArticleClik here to view.
Burberry sales soar – from £14 nail varnish to £28,000 alligator coat
Business is booming at the brand’s London stores, as the pound’s Brexit plunge draws shoppers from around the world Burberry’s New Bond Street store is thriving since the pound’s post-Brexit plunge....
View ArticleClik here to view.
Chinese interest in luxury has increased by 20pc: Hurun
Affluent consumer Emigration from China is now the lowest the country has seen in five years and 90 percent of Chinese millionaires are more confident in the nation’s economic development, according to...
View ArticleClik here to view.
Madison Avenue BID celebrates Lunar New Year with own red envelope exchange
Madison Avenue BID Lunar New Year Celebration 2016 – photo by Andrew Werner The Madison Avenue Business Improvement District has banded its stores together to share exclusive red envelope deals in...
View ArticleClik here to view.
Chinese shoppers begin to buy luxury brands again — at home
Despite Xi’s austerity campaign, high-end consumption is ‘reshoring’ Sales of luxury goods in China have rebounded as European companies concentrate on selling inside the country © FT montage High-end...
View ArticleClik here to view.
Luxury rings in Chinese New Year with gifting ideas, festive activities
Madison Avenue BID Lunar New Year Celebration 2016 – photo by Andrew Werner Ahead of Lunar New Year on Jan. 28, luxury retailers are looking to woo Chinese travelers with culturally-inspired campaigns...
View Article