China may become the world's biggest luxury market in some years but cultural challenges to win customers' hearts for certain types of products remain, industry executives said this week.
Champagne house Taittinger said it could...
Luxury groups are turning to films, the Internet and private dinners to attract customers as they search for more cost-effective ways to advertise to fight falling sales, executives told the Reuters Global Luxury Summit.
Hermes...
French luxury goods group Hermes has resorted to breeding its own crocodiles on farms in Australia to try to meet demand for its leather bags, its chief executive told Reuters on Monday.
Customers sometimes have...
Hermes believes turbulence could hit the global luxury goods industry for the next two years and has put some expansion plans on hold, the French fashion and leather goods group said on Monday.
Watches and...
Victoria Beckham is well known for her extravagant taste in fashion, but news that she owns 100 Hermès Birkin bags is likely to be seen as nothing less than excessive.
A US financial website worked...
Sunny days are a good reason to ride a bike that can get you through streets more quickly and flexibly than any other means of transport.
What’s more, you’ll be relaxed, you won’t harm the...
While the Western markets are faltering, luxury retailers are searching for the next location to sell their high-end goods, and it looks like India might just be the place.
While India makes up just 0.4...
