Inside luxury goods' broken audit system
MILAN (Reuters) -LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working ...
The Luxury Goods Market and Consumer Behavior
We recently published a list of Top 12 Luxury Stocks According to Hedge Funds. In this article, we are going to take a look ...
Indonesia's president says VAT hike to apply only on luxury goods
Indonesia's President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage ...
Dak Prescott's fiancée Sarah Jane Ramos robbed of nearly $50k in luxury goods
Sarah Jane Ramos, the fiancée of Dallas Cowboys star Dak Prescott, had nearly $50,000 worth of luxury goods stolen from her ...
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Indonesia implements 12% VAT on luxury goods
Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 ...
Luxury Western Goods Line Russian Stores, Three Years Into Sanctions
Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow's most well-off shoppers are still spoilt for choice when it comes ...
High GST rate on luxury goods is counter-productive
In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.
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3 Luxury Retail Stocks Cashing In on Global Demand
As the global luxury goods market continues to expand, driven by rising disposable incomes and the increasing influence of ...
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President Prabowo says 12% VAT will only apply to luxury goods
President Prabowo Subianto has clarified that the increased value-added tax (VAT) of 12 percent will only be applicable on ...
Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers
Confronting a broad decline in demand, major marketers of luxury merchandise are broadening their product lines to emphasize ...