Luxury

SINGAPORE (Aug 14): Luxury watch retailer The Hour Glass Group announced earnings of $7 million for the 1Q18 ended June, down 15% from $8.2 million posted in 1H17 on higher expenses which were largely attributable to a one-time relocation cost.

French luxury make-up houses are taking on spring 2017 with bright, playful shades and multipurpose innovations that are easy to use and wear

SHANGHAI/BEIJING (Dec 1): China will impose an extra 10 percent tax on super cars and other luxury models costing 1.3 million yuan ($0.27 million) and above, in a bid to rein in lavish spending and to reduce emissions, the ministry of finance has said.