Hermes rejected on Wednesday "an attack" on its capital by luxury goods giant LVMH, sounding the start of what could become a bitter battle for control of one of France's most iconic brands.
The head...
Champagne corks are popping again in the luxury business as "It" bags and expensive watches this year sell like hotcakes from Beijing to New York, signalling the turning of a page after the global...
There are limits to how far a luxury company can diversify its operations without diluting its brand or confusing consumers, experts said this week.
A jeweler might successfully launch a perfume but a handbag maker...
Luxury groups are finally warming to the Internet, lured by surging sales and a wider audience for their brands, though lingering suspicions could limit the level of online penetration compared with the wider retail...
The luxury goods market is rebounding from the slump caused by the global recession, but analysts say upscale sellers will be facing a hard slog due to changing demographics and lingering consumer caution.
Global luxury...
Prospects for Italy's luxury goods sector are looking up thanks to strong sales forecasts in Asia, Latin America and the Middle East.
Sales are expected to grow throughout the world - with the exception of...
Global luxury giant Richemont said on Thursday it was buying up a pioneering 10-year-old web-based women's fashion retailer, Net-a-Porter, founded by a former editor and valued at 350 million pounds.
The Swiss group already owns...
CNN posted an interesting video today about the growing number of mainland Chinese shoppers flocking to Hong Kong to buy luxury goods, much to the enjoyment of Hong Kong retailers and international luxury brands...
