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Luxury firms pamper the ultrarich
A Paris apartment hosts an elite liquor store for the ultrarich. Pic: iStock An elegant stone facade just off the Champs Élysées in Paris hides what may be the world’s most elite liquor store. Spirits...
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Canada Goose Ends Drought of Luxury Goods IPOs
NEW YORK, United States — New York couldn’t have provided a better backdrop for Canada Goose Holdings Inc.’s initial public offering this week: A snowstorm and the below-freezing conditions for which...
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Tiffany’s strong sales in Asia offset US weakness as the brand aims to lure...
Getty Images Tiffany & Co. reported fourth-quarter earnings Friday that beat expectations, fueled mostly by strong international sales and product price increases. Same-store sales — a metric...
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Bankers & Brokers Bet On Booming Luxury Yachts & Swimwear Business
There is a poolside revolution going on and something might be up when a luxury swimwear brand makes it into the London Stock Exchange’s ‘1,000 Companies To Inspire Britain’ annual of fastest-growing...
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Top EU court to weigh in on luxury brands’ attempts to ban online sales
Online purchasing on Collector Square. BRUSSELS, March 29 (Reuters) – Europe’s top court will begin a landmark case on Thursday which could determine whether luxury goods companies can stop retailers...
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Young, Rich and Responsibility Free: How Luxury Brands Are Persuading Wealthy...
China’s wealthy millennial consumers are not all the same, so luxury marketers are advised to apply different strategies when it comes to engaging them. (Shutterstock) Young, wealthy Chinese consumers...
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Insights from ‘The Prince of Luxury’ Noel Shu
Courtesy Noel Shu With a moniker like “The Prince of Luxury,” it’s clear that Noel Shu is no ordinary entrepreneur. This 27-year-old self-made millionaire has accomplished more in business than many do...
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Report: China to Overtake U.S. as Digital Market Leader for Luxury Watch Brands
The latest research by Digital Luxury Group shows that the web traffic from China to luxury watch websites is set to overtake the United States in 2017. (Shutterstock) Luxury watch brands like Tag...
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Taj Luxury Symposium aims to make Indian brands global
Taj Hotels Palaces Resorts Safaris, in partnership with The Luxury League, hosted the inaugural Luxury Symposium at the Taj Palace, New Delhi on 7 April. At the Taj Luxury Symposium in Delhi. Taj...
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The Rise of the Luxury Car Market in 2017
many people know enough about them to speak authoritatively. If you want to become an expert, you have to follow trends and read the news, and one of the things you might notice is a constant rise of...
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LVMH first quarter sales increase 15 percent
Luxury goods group LVMH posted a surge in first quarter sales on Monday that beat analysts’ consensus forecast, although the French company cautioned its business environment remained uncertain Sales...
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LVMH shares hit record high after Q1 sales beat, other luxury stocks rise
Tomohiro Ohsumi Bloomberg | Getty Images Shares in LVMH, the world’s biggest luxury goods group, hit a record high on Tuesday after the French company reported a surge in first-quarter sales that beat...
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China Remains the World’s Most Expensive Luxury Market
Prada is listed as the number two luxury brand China’s millionaires aspire to buy in the next year, according to a recent report by Agility Research and Strategy. (Shutterstock) Average luxury goods...
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Luxury sales skyrocket in China, despite austerity measures
In two years, China is expected to be the biggest luxury-car market Super-luxury and supercar sales haven’t slowed in China, despite President Xi Jinping’s attack on conspicuous consumption a few...
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Russian and American shoppers drive luxury shopping in London
Hermes new store, Sloane Street London Russian and American shoppers in particular are also key to the spending bonanza, new data from London Luxury Quarter showed. International tax free shopping data...
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First time buyers have luxury opportunity with cheapest property in Prime...
If modern luxury, characterful history, and a diverse and safe environment is everything one looks for when purchasing a first home, Mayfair may have the perfect property. Recently entering the market...
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Gucci reports stellar 34% growth in sales in the first quarter of 2017
Gucci alien interview (Fall 2017 Collection) Kering Group reports first quarter revenues increase by 31.2% to €3.57bn, lifted by a 34% jump in sales. The growth was driven by double-digit increases...
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Ultra-Luxury Brands Breaking Into Emerging Markets
In the past few months, the House of Fabergé, infamous makers of the world’s most luxurious eggs, which range from $5,000 to $3 million, launched an initiative to break into the Indian market....
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Hermes first quarter revenue boosted by China sales
Photographer | Collection | Getty Images It looks like luxury sales are bouncing back in China, with yet another big brand seeing a boost in the world’s second-largest economy. Hermes said its first...
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Luxury spenders defy Japan’s tight-fisted reputation
In this photo taken on April 19, 2017, the exterior of French fashion brand Christian Dior’s new shop is seen at the Ginza shopping district in Tokyo on April 20, 2017. (TORU YAMANAKA / AFP)...
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