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Luxury

06/05/2014

Luxury car maker McLaren moves into profit, to step up production

The company is ultimately aiming for annual turnover of 1 billion pounds

06/05/2014

Hermès to Open New China Stores

Hermès have also announced plans to open new stores in Indonesia, Malaysia and South Korea

06/05/2014

Innocence Island, Largest Bahamian Private Isle Auctioned for $17 million

The bids stopped at $17 million but Turunzo tried calling for $18 million

06/05/2014

Flash sales site in China looks for a luxury boost from a rare Maserati

Marco is an advisor for technology funds on China entry strategies. He writes on technology and China in his blog. He’s the author of the forthcoming book “East-Commerce: How to sell in China’s online market.”

06/04/2014

The Sale Status of Burberry London Is Continually Rising

Is it Enough to Make the Brand a New Record Breaker?

06/02/2014

Why You Don't Need Rich Customers to Sell Luxury Goods

Sure, household wealth has diminished, but that doesn't mean you should cater to the super-wealthy.

06/02/2014

French winemakers look beyond China to emerging Asian markets

Winemakers and industry executives say that while the slowdown will not prevent people from drinking, the focus may now shift to mid-range wine and spirits

06/02/2014

The MBA Wears Prada: Luxury MBA Careers Gain Lustre

Luxury retail boom turned to bust and a clamp was put on the car industry

06/02/2014

‘Middle Eastern consumers spend $2,400 per month on shopping’

Nadine Touma Gammage of Chalhoub Group highlights three trends that will govern the regional luxury market

05/28/2014

Potential bidders circle Treasury Wine

Bankers would not discuss the names of clients potentially interested in making a takeover offer for Treasury Wine

05/28/2014

Bulgari to open seahorse-shaped hotel in Dubai

The Bulgari Hotel at Jumeirah Bay island in Dubai will be a six million square foot mixed-use development

05/28/2014

London most popular city for international retailers

UK capital has more retail brands on streets than any other city in the world

05/27/2014

In China, Most Overseas Acquisitions Held By Offshore Units

There have only been a handful of such deals valued at more than $500 million in recent years

05/27/2014

Burberry, Louis Vuitton, Gucci make top 10 in L2 China study

The lackluster digital performance of so many brands belies the state of the country’s ecommerce, which surpassed the United States in sales volume for the first time in 2013.

05/26/2014

Some Wall Streeters Are Skipping The Hamptons For This Luxury Camp Ground In The Adirondacks

Not every Wall Streeter is into spending their summer weekends with sand, surf, and New York City club transplants

05/26/2014

Bahamas properties lure with luxury

The economic downturn prompted massive layoffs of hotel workers, paralyzed work on some projects and wiped out others.

05/26/2014

Gavin Haig named CEO at British brand Belstaff

Luxury products group Labelux has named Gavin Haig as chief executive officer of its iconic British brand Belstaff.

05/26/2014

Burberry aims to quadruple Japan sales

As we enter a new chapter, our teams are united and energised by the opportunities ahead

05/23/2014

Room service has reached new heights

A luxury hotel is offering a Champagne airlift for guests

05/22/2014

Tiffany profits jump 50% to $126m

US jewellery firm Tiffany has reported a 50% jump in profits

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