Internet retail key to reaching next generations of luxury consumers: report

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Those with the highest spending power in the United States overwhelmingly prefer online shopping, with 72 percent buying via ecommerce in the last three months, according to new research by Unity Marketing. While online retail still only accounts for a … Read More

Houston, the latest major luxury shopping destination in the U.S.

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River Oaks District on Houston’s Westheimer, developed by OliverMcMillan, the California real estate company, has announced eight more luxury tenants that will open later this year. Van Cleef Arpels, Stella McCartney and Vilebrequin will join previously confirmed openings by Dior, Cartier, … Read More

Asia Pacific wealth to overtake North American prosperity by 2016: report

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A healthy global economy has led the number of high-net-worth individuals to increase worldwide, according to Capgemini’s World Wealth Report 2015. The HNWI population is concentrated in North America, Europe and Asia Pacific, and all of these areas showed significant … Read More

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