02/07/2014
There can be no doubt that the luxury market in China has been experiencing a tough winter, nor that the government's anti-corruption and frugality campaign has been a major factor in this, nor that it will continue to be a drag on the market's
01/31/2014
Those worries continued to weigh on the group, leading its shares to be among the worst performers in the European luxury goods sector in 2013. Last year, LVMH shares lost 4.5 percent, while this month they are down 7.6 percent.
01/31/2014
Luxury conglomerate Endeavor Global Group provides luxury travel services, which include private jet charters, yacht and luxury car rentals around the world.
01/28/2014
All those luxury goodies retailers previously kept locked behind glass, wired with sensors, or chained to poles, have found their way, untethered, into e-commerce channels as more consumers buy higher-ticket items online.
01/20/2014
Luxury goods group Richemont, whose stable of brands includes jewellers Cartier and Van Cleef & Arpels, has applied to open shops in India, joining other global retailers who entered the market since New Delhi relaxed investment rules.