British Fashion Council Inks Agreement with eBay, Enters Luxury Market
byThe auction site eBay is generally not associated with high fashion or the luxury market. But all that is going to change as the…
luxury market
Vertu Has Priced its Data Cable at $200
byMobile phones are a volume driven mass business. The companies don’t have fat margins but make money by selling a large number of sets….
Inspirato Generates $17.5 Million In Funding Round For Expansion Of Luxury Vacation Rentals
byLuxury vacation vertical is by far one of the most expansive and lucrative segment of the luxury market, largely because of a significant hike…
Luxury Market Wakes Up To The Importance Of The Affluent Family
byThe affluent family is one of the new trends driving the luxury market. Research groups Ipsos Mendelsohn and Luxury Institute have each conducted an…
Indian Regulations and Environment Stifling the Growth of Luxury Market
byIndia seems to be the perfect market for luxury retail that is looking for new areas for growth. On paper, the figures are just…
Stock Turbulence, Higher Taxes Could Lead To Lower Luxury Spending
byThe last few weeks have been a turbulent time for the stock markets. Volatility in shares has raised fears of another period of economic…
Stock Market Slump Could Discourage Luxury Spending
byThe recent plunge in the stock market has given rise to fears of a second recession. The 13 percent plunge in stock prices since…
Inflation Hits Chinese Luxury Market
byThe Chinese luxury market is reeling under 7.73 percent inflation over the last year as of June. The Hurun Luxury Consumer Price Index (LCPI)…
Chinese Luxury Market May Overtake Japan’s and Become World’s Largest Luxury Consumer
byThe major luxury brands have begun to invest in millions in the Chinese luxury market to construct flag ship stores, in second and third…
Hong Kong Is The New Destination For Luxury Brands Taking The IPO Route
byIt is common knowledge by now that luxury goods company Prada is eyeing a listing on the Hong Kong Stock Exchange. In April, the…
Prada To Soon List Shares On Hong Kong Stock Exchange With A $2 Billion IPO
byOne of the foremost fashion houses in the world and the pride of Italy, Prada, as per reports is now all set to see…
Survey On Wealthiest American Households Throws Up Optimistic Results
byA recent survey has revealed that there is reason to be optimistic about the spending patterns of affluent Americans. Ron Kurtz, President of the…