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Pressures on our wallets has led to 22% of shoppers knowingly buying fake fashion goods, forcing genuine luxury retailers to lose out. The research...
Singapore-based Melvyn Teillol-Foo, founder of PuristSPro, a reference website for watch lovers in Asia, collects with and for his wife and speaks fondly of the first double purchase they ever made - the Omega Constella-tion 5125.
A growing number of companies are renting out goods and services as a result of consumers seeking short-term solutions - and the trend is set to conti...
North Korea's imports of luxury goods amounted to $584.8million last year. This is a clear jump from previous year's statistics, as the total for 2009 was $322.5million and in 2010 it was $446.2million.
When the recession hit in 2007, the majority of economists and retail commentators predicted that the luxury retail market would not fare well, but five years on it has not only survived, but prospered. Only last month Burberry Group posted a 24 per cent surge in its 2011 profits and Richemont (the third largest luxury group and owner of Cartier) posted a sharp increase in sales of €2.62bn.
