Damas, the leading retailer of stylish watches and jewellery in the Middle East, will be organising Damas Luxury Week from November 5 to 11 at its boutique in The Dubai Mall, which will showcase new collections from top designers.
* Global luxury goods market to shrink 8 pct this year -Bain * Timid growth seen in 2010 - Bain * Sales improvement seen in H2 2010 - Italy's Altagamma (Adds Altagamma forecasts, quotes, Milan...
Shanghai, October 9 (Gasgoo.com) Chery Auto is set to launch the first mid-size sedan model of its luxury sub-brand Riich next month, China Car Times said. The Riich G5 is Chery's first entry model into the premium sedan segment.
Sales of luxury homes in Hong Kong nearly tripled to 1,351 in September from 500 in the previous month, according to figures released on Monday by the Land Registry. The total number of residential units sold rose 9.2% month on month to 12,285, reflecting a 102.2% increase over last September's figure....
Disregarding an industry-wide crisis, auto manufacturers are spreading on the luxury at the Frankfurt Motor Show that began Tuesday, with one example being a new blood-red Mercedes with 571 horses under the hood and gull-wing doors. The SLS AMG roadster, which harks back to the mythical 1950s-era...
* New Bentley Mulsanne to launch mid 2010 * Executive sees signs of revival in super luxury segment SAN FRANCISCO, Sept 11 - British carmaker Bentley, owned by Volkswagen <VOWG.DE>, is seeing some signs of...
Daimler AG's Mercedes-Benz unit Friday launched the ninth generation of its flagship S-Class luxury sedans in Beijing, hoping to maintain its leading position in the luxury car segment in China, the China Daily reported.The auto maker officially kicked off sales of nine S-Class models priced at between RMB...
Shanghai, July 15 (Gasgoo.com) While the world's major auto markets were still in a slump, luxury auto brands were selling well in China from January to June, with Mercedes Benz, BMW and Audi all achieving double-digit growth in the first half this year, xinhuanet.com reported today.
Shanghai has become the most popular city for luxury goods among mainland Chinese and is expected to remain the favorite for a while, according a report recently released by an Asian market research firm, the Shanghai Daily reported on Tuesday.About 12.4% of the 1,000 Chinese luxury goods buyers...
Bain & Company suggests that the luxury consumer will be ready to spend again within the next year.