Managers of Wealth

The MBA Wears Prada: Luxury MBA Careers Gain Lustre

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

‘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

Potential bidders circle Treasury Wine

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

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

London most popular city for international retailers

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

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

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.

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

Bahamas properties lure with luxury

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

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.

Burberry aims to quadruple Japan sales

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

Room service has reached new heights

A luxury hotel is offering a Champagne airlift for guests

Tiffany profits jump 50% to $126m

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

Less is more as Louis Vuitton stays atop luxury list in brands ranking

The value of the top 10 luxury-goods brands surged 16 per cent to US$111 billion as companies from LVMH Moet Hennessy Louis Vuitton to Burberry Group made exclusivity a priority over ubiquity

Cadillac builds a luxury hybrid coupe

The ELR’s hybrid powertrain makes it attractive to folks who want great gas mileage, but the test car’s sticker price of $82,135 left me wondering how many folks will actually plunk down that kind of money.

Alibaba Is Going After The French Luxury Market

After the recent launch of a Tmall shop by British label Burberry, Chinese e-commerce giant Alibaba is teaming up with the French government to promote French brands in a new deal likely aimed at courting more high-end companies.

Burberry posts record profits as revenues hit £2.33bn due to 'outstanding brand momentum'

Burberry has posted "record sales and profits" in its preliminary annual results, as the luxury brand's revenues grew by 17% to hit £2,330m.

Future May be Bitter for Chocolate Lovers Leading Processor Warns

The future may be bitter for chocolate lovers unless cocoa producers step up their output dramatically to satisfy an expected surge in demand from emerging market countries, an industry executive warns.

Smartphone and Luxury Car Fanatics, Meet Motorola’s Moto G Ferrari Edition

Motorola recently launched a new special edition of their Moto G model, the Moto G Ferrari Edition.

Hennessy encourages social interaction for limited-edition bottle unveiling

LVMH-owned cognac maker Hennessy is continuing the “art of the chase” with a new V.S limited-edition bottle collaboration with American artist Shepard Fairey.