
Britain's luxury jewellers are opening outlets in China, where demand for jewellery is set to grow while appetite wanes in western markets.
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Britain's luxury jewellers are opening outlets in China, where demand for jewellery is set to grow while appetite wanes in western markets.
France's richest man and LVMH's Chief Executive, Bernard Arnault, is in talks to buy three trophy stores on London's most expensive shopping street for 300 million pounds ($470 million), a source said.
Luxury Swiss retail giant Richemont, owner of such brands as Cartier, Piaget and Jaeger-LeCoultre, is to open the world's largest shop for luxury watches in Paris, a trade journal said Thursday.
A huge sale of Elizabeth Taylor's designer clothing and jewelry, known as the "Crown Jewels of Hollywood," will be split in two, with nearly 1,000 items selling only online, Christie's auctioneers said Monday.
Luxury goods group Burberry is to stick with ambitious expansion plans, saying demand in top cities like Hong Kong, London and New York would prove resilient in any downturn.
British luxury goods group Burberry met forecasts with a 26 percent rise in first-half profit, helped by buoyant tourist spending around the world, and kept its growth targets despite an uncertain economic backdrop.
The world's biggest jeweller began pre-marketing a planned $3 billion Hong Kong IPO on Monday, as some analysts warned that even with increasing demand for luxury goods among wealthy Chinese, the company's anticipated...
Swiss luxury group Richemont pointed to "significantly higher" operating profits in 2011, as strong demand in China defies the gloomy global economic climate.
India's luxury sales are expected to expand by a scorching 20 percent annually until 2015, according to a new report, as brand-smitten consumers snap up big names to flaunt their wealth.
Luxury brands shine in Interbrand’s 2011 rankings of top international brands.