Growth in luxury spending on the Chinese mainland is expected to cool to 2% in 2013, down from 7% last year, according to the China Luxury Goods Market Study for 2013 published by the international consulting firm Bain & Company, Xinhua ...
Tags: Luxury Market, Luxury Products, Economy
The Indian ‘Closet Consumer’ of luxury has emerged as a major phenomenon in a report titled “The Changing Face of Luxury in India” jointly published by CII and IMRB International. ‘The Changing Face of ...
Tags: Luxury Market, Closet Consumer
Reversing the trend of recent years, the Americas region is the king of the luxury goods spending hill, estimated to grow at four percent in 2013 versus 2012, surpassing the estimated 2.5 percent growth rate for China, as luxury spending in ...
Tags: Luxury Goods, luxury market
Rolls-Royce Motor Cars has pointed to China’s high taxes on luxury goods for the elevated price tags on its cars in what is now the world’s largest automotive market. The luxury British car maker claims that despite the added ...
Tags: Rolls-Royce, Luxury Cars, Taxes
The statistics show that, the average price of luxury goods in China is 51% higher than US market, 72% higher than French market. There is a huge price difference between domestic and overseas, not only in luxury, consumer goods, but also ...
Tags: luxury, consumer goods, Consumer Electronics, Daily Use
1888 Press Release - The first India International Bullion Summit launched by Bombay Bullion Association awarded BVC Logistics with the Best Logistics company 2013 award. BVC is a front-runner in providing logistics services in Gem and ...
In the first 9 months of 2013 TXT e-solutions, global software vendor focusing on large Customers in Retail, Luxury Goods and Fashion, has recorded revenues in excess of € 39 million, with about 14% growth versus 2012. International ...
Tags: TXT e-solutions, software vendor
Renault will launch a luxury ‘Initiale Paris‘ sub-brand in China and Europe as part of a bid to push the French manufacturer further upmarket. The Renault Initiale Paris line will rival Citroen’s DS models, and was ...
Tags: Renault, Citroen DS
Eurostop, a leading supplier of retail management and EPOS solutions for the Fashion, Footwear and General Merchandise sectors, has opened a new office in Xiamen, a major city on the southeast coast of the People’s Republic of China. ...
Customers in Retail, Luxury Goods and Fashion, has recorded revenues in excess of € 26 million, with about 12% growth versus 2012. International revenues account for more than 50% of the total. Revenues from planning software for ...
Perry Oosting, COO of Vertu (British luxury mobile phone manufacturer), expressed in the interview with Tages Anzeiger when the previous partnership between Vertu and Apple was mentioned that although Apple has hoped to use sapphire glass ...
Tags: iPhone 5S, Sapphire Glass
A delegation of company owners from Spanish community of Valencia will participate in a trade mission to the United Arab Emirates (UAE), from June 11-14, 2013. The trade mission is organized by the Internationalization and Textile ...
Tags: Textile
Driven by the various online channels, the way consumers obtain information has changed considerably in recent years. The number of communications channels ranging from websites to social media, plus the increasing shift of purchasing away ...
Tags: Luxury Industry
Macy’s, Inc. announced that Bloomingdale’s plans to enter the Hawaii market for the first time in fall 2015 with a 167,000-square-foot, three-level store to be built in Ala Moana Center in Honolulu on the Island of Oahu. The ...
Tags: Bloomingdale, Apparel
The textile and apparel companies in Scotland are eyeing on new and emerging markets, including China, Russia, the UAE, Brazil and India, for expanding their business worldwide, since the country aims to increase its exports by 50 percent ...