08/15/2014

Mercedes, Audi gain on BMW in global luxury sales race

Results for the first seven months show that sales of BMW brand vehicles rose by 10 percent to 1.03 million units compared to the same period last year -- the first time BMW has passed the million mark this early in the year.

08/13/2014

Luxury leaps the Great Wall again

Gift giving (what some might describe as bribery) was a huge part of Chinese corporate culture, with business executives offering drinks and dinners, cars and watches, to curry favour with officials.

08/11/2014

Creating an effective loyalty strategy for luxury brands

Compounding this slowing growth, the luxury landscape has become increasingly crowded as retailers seek new ways to differentiate themselves from entry-level competitors that are rapidly capturing market share.

08/08/2014

Luxury Brand Humiliation

Consumers in Asia Including Koreans Turning Their Backs on Luxury Brands - See more at: http://www.businesskorea.co.kr/article/5797/luxury-brand-humiliation-consumers-asia-including-koreans-turning-their-backs-luxury#sthash.Cy5py7Bc.dpuf

08/07/2014

S’pore Luxury Car Sales Losing Steam

Supercar dealers in wealthy Singapore are fretting over their future as higher taxes, new auto loan restrictions and a shift in tastes towards less ostentatious vehicles send sales plummeting.