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Shoppers accidentally buy counterfeit products online

January 16, 2015

Online counterfeiting haunts luxury brands as consumers mistakenly purchase knock-off goods and dealers make money off the naivety of the buyer.

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Net-A-Porter, currency rates aid Richemont trading for Q3

January 15, 2015

Swiss luxury conglomerate Richemont benefited from constant exchange rates for the third quarter ending Dec. 31, 2014.

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Ecommerce provides a testing ground for bricks-and-mortar expansion

January 13, 2015

NEW YORK – Global expansion requires a balance of physical and digital, said a Belstaff executive at the NRF Retail’s Big Show 2015 on Jan. 12.

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Think outside the BRICs and MINTs

January 13, 2015

NEW YORK – When strategizing for international retail expansion, sometimes the best plan is to find the right local partner who can tackle the policies and logistical hurdles, according to panelists at NRF Retail’s Big Show 2015 on Jan. 12.

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Canadian real estate sees rise in $1M sales

January 8, 2015

In 2014, the major metropolitan markets in Canada all saw double-digit sales growth for properties priced at more than $1 million, according to a report by Sotheby’s Realty Canada.

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Rolls-Royce breaks sales record in 2014

January 7, 2015

British automaker Rolls-Royce is celebrating its fifth consecutive record-breaking year and the highest ever sales in its 111-year history.

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Coach purchases Stuart Weitzman to aid in own transformation

January 6, 2015

Footwear label Stuart Weitzman has been purchased by leather goods maker Coach in a transaction valued at up to $574 million.

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Aston Martin looks to Asia with new executive

January 5, 2015

British automaker Aston Martin is reinforcing its Asian Pacific activities with the hire of a new regional director.

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Manhattan sees $22B in residential sales this year

December 29, 2014

The average sales price for condominiums and co-ops in New York in 2014 is $1.8 million, according to CityRealty’s year-end report.

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Mercedes considers leaving New Jersey headquarters

December 24, 2014

German automaker Mercedes-Benz is considering a move from its United States home base in Bergen County, New Jersey.

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