02/27/2015

Luxury Swiss pen uses tsunami 'miracle' wood

Swiss-owned luxury brand Montblanc is to sell fountain pens made from a "miracle pine" tree that survived the 2011 tsunami, for a hefty $4,400, an official said, with 20 percent of takings donated to local people.

02/25/2015

Luxury: Worth every penny?

Asked to define luxury, the head of one of the world's best-known luxury goods makers simply looked baffled

02/22/2015

Russian Luxury Spending Abroad Continues Nosedive

The ruble, which lost 40 percent against the euro last year, has crippled demand from Russians for luxury goods, and many labels are growing concerned the trend could last, with no end in sight for the conflict in Ukraine.

02/09/2015

Why makers of luxury goods are shifting focus to US

Purveyors of high-end luxury goods are chasing millionaires in the United States, as upper-income spending falters in Europe and in the emerging markets once considered luxury's promised land. And the wealth, they say, is not just confined to the Ame