Swiss watch exports last year ticked in at a historic 22.2 billion Swiss francs ($23.9 billion), the Customs Administration said.
Britain’s whisky trade is worth over £5 billion to the economy each year and provides over 40,000 jobs, according to a recent study.
Sales of luxury goods in mainland China fell`1% to 115 billion yuan ($18.5 billion) in 2014 compared to a year earlier according to Bain & Company.
Gucci has decided to stay in-house and hand the creative director title to its head accessories designer Alessandro Michele.
Switzerland’s luxury watchmakers are considering raising prices on their timepieces in the eurozone by up to 7% due to the ballooning franc.
Gucci creative director Frida Giannini has left the fashion house a month earlier than planned after a new CEO took control of the label.
German automakers BMW and Mercedes said Friday they attained record sales in 2014, their fourth in a row, driven by rising demand in all regions.
Paris department store Galeries Lafayette has listed itself on short-term rental website AirBnB for a one-night-only sleepover on January 6.
Amazon.com on Thursday began offering to have online purchases in some New York buyers’ hands within an hour for a $7.99 delivery charge.
Harvey Nichols will be expanding its presence in the Middle East with a new store in Doha.
Gucci’s chief executive officer and creative director are leaving the global luxury brand, its parent company Kering said in a statement on Friday.
French luxury house Hermès has released its debut collection of scents designed for the home by Céline Ellena.
Shoppers are expected to spend $616.9 billion over the holiday period this year with a huge chunk taking place over the days around Thanksgiving.
Jimmy Choo, co-founded by British designer Tamara Mellon, could be planning to have its initial public offering in London this month.
French luxury products group LVMH and Google have agreed to work together to fight the sale of counterfeit goods online.
A decade ago, French lovers of high-end fashion would not have dreamed of buying a pre-owned luxury fashion accessory.
Just like televisions and computer monitors, handset displays are about to get a huge resolution boost.
Karl Lagerfeld is reportedly planning a major expansion in the Middle East after signing a five-year deal with the Chalhoub Group.
The first Disneyland theme park resort in mainland China is to set to get an adjacent luxury shopping compound.
A new wave of eco-ethical designers are blending high style with sustainability making green fashion utterly desirable.