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  • Prada Lacks Strong Brand Loyalty in China: Analyst Thursday, 23 Jun 2011 | 11:38 PM ET
    Prada Lacks Strong Brand Loyalty in China: Analyst

    Italian fashion house Prada posted small gains on its trading debut in Hong Kong on Friday, and one analyst says he wouldn’t buy its shares right now because the retailer simply doesn’t have the same level of recognition in China as other luxury brands. 

  • CEO Dads and Their Executive Kids Thursday, 16 Jun 2011 | 4:43 PM ET
    For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. It offers the same satisfaction as helping a child get a leg up in life, bit it also offers the tempting possibility of the family business surviving after dad retires. This holds true whether the business is a feed store, a bait and tackle shop, or a multinational conglomerate.Click ahead and see the CEO dads whose kids hold executive positions in their companies

    For many dads, the greatest Father's Day gift imaginable is the sight of a son or daughter working beside him in the family business. Here are some CEO dads whose kids hold executive positions in their companies.

  • How to Tap China’s Super Spending Women Monday, 6 Jun 2011 | 7:48 PM ET
    Two women look at a jewelry display in a luxury shopping mall in Shanghai. Following in the footsteps of Japan, China has become the world's second-largest consumer of high-end fashion, accessories and luxury goods.

    Overall luxury sales in China have risen 20 percent annually since Lehman’s collapse to reach $13 billion last year and that growth has been driven in large part by women under the age of 35.

  • Gilt Groupe: IPO on the Horizon? Monday, 6 Jun 2011 | 12:22 PM ET
    Gilt Groupe:  IPO on the Horizon?

    Analyzing e-commerce and whether the internet retailer will go public or stay private for now, with Kevin Ryan, CEO, Gilt Groupe CEO.

  • As China’s Workers Get a Raise, Companies Fret Tuesday, 31 May 2011 | 11:52 PM ET

    The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.

  • American Luxury Travelers Return to Europe Thursday, 26 May 2011 | 2:49 AM ET

    European luxury hotels recorded strong growth in 2010 which continued into the first quarter of this year, driven by travelers from outside Europe returning to the region, new research showed.

  • Labelux Buys Jimmy Choo for $812 Million Monday, 23 May 2011 | 1:13 AM ET

    Upscale British shoemaker and retailer Jimmy Choo was bought by luxury goods group Labelux from TowerBrook Capital Partners LP, the companies said on Sunday.

  • china_shoppers_200.jpg

    Continued lofty predictions for luxury growth in China come just in time as Japan most likely wont be a source of growth any time soon and in the US investors can’t help wonder how will high-end retailers pull off an encore of last year?

  • China, Hong Kong, marina and skyline, aerial view

    The booming demand for luxury yachts in Asia’s financial capital Hong Kong, largely fueled by wealthy mainland buyers, is pushing the rental price of marina berths located across the city’s coastline up to record levels.

  • Ukraine's Richest Man Buys UK's Most Expensive Flat Tuesday, 19 Apr 2011 | 2:06 AM ET
    Tower Bridge and City of London financial district

    Rinat Akhmetov, Ukraine’s richest man, has bought the UK’s most expensive flat at the One Hyde Park residential development in London’s Knightsbridge, the FT reports.

  • US Luxury Spending by Rich to Rise: Poll Friday, 15 Apr 2011 | 1:59 AM ET
    The backside of a Patek Philippe watch is pictured in a mirror.

    Spending by rich Americans on luxury goods is set to grow by $26.6 billion in 2011, with the number of affluent families planning to spend more almost doubling in the past three years, a poll found Friday.

  • A Boat for Every Budget Tuesday, 12 Apr 2011 | 10:45 AM ET
    When the downturn struck, the tide turned for the recreational boat industry, with boat sales plunging 55 percent from pre-recession levels a record low in 2010. Buyers grew more price conscious and turned to the pre-owned boat market in search of deals. Sales have been strong in the value end of the market, although recovery has been spotty throughout, industry players say. With the boat industry cautiously steering towards recovery, the distress sales and pre-owned boats that flooded the marke

    With the boating industry forced to trim costs and woo a more value conscious consumer, there’s a boat for every budget.

  • china_shoppers_200.jpg

    China is on the verge of overtaking Japan as the world’s largest consumer of luxury goods, spending $13 billion, or 22 percent of the world total, in 2010.

  • US Consumers Warm Up to Luxury Again Friday, 25 Mar 2011 | 11:52 AM ET

    There is one market, far away from Asia, which may surprise in 2011: the USA, according to Frederic de Narp, CEO and President of diamond giant Harry Winston.

  • Invest in Pharmaceuticals, Luxury: Portfolio Manager Friday, 11 Mar 2011 | 12:34 AM ET

    European pharmaceutical stocks are cheap, offer high dividend yields and current valuations provide a good opportunity for investors to enter the sectors, Ana Armstrong, managing partner and head of portfolio strategy at Armstrong Investment Managers told CNBC.

  • Fashion World Flocks to See Galliano Collection Monday, 7 Mar 2011 | 1:33 AM ET
    ohn Galliano and his lawyer Stephane Zerbib arrive at a police station .

    Likely motivated by equal parts love and admiration and morbid curiosity, fashion insiders descended Sunday on a tony Paris townhouse to see what could very well be the last ever collection by John Galliano.

  • LVMH to Take Controlling Stake in Bulgari Monday, 7 Mar 2011 | 12:04 AM ET
    The grand opening Louis Vuitton shop in Hong Kong.

    LVMH, the French luxury goods conglomerate, is to take a controlling stake in Bulgari, the Italian jewelry house, in an all-share deal, the Financial Times reported.

  • Jason Wu

    Expect to see billowy silhouettes, ethnic prints, '40s and '70s looks, longer hemlines and utilitarian-style outerwear when you shop for clothes this fall. That was the word from merchants ranging from mid-range department store Macy’s to tony Saks Fifth Avenue and online marketplace eBay, summing up the key themes that emerged during Fashion Week earlier this month.

  • Tapping China's Thirst for Luxury via Hong Kong Tuesday, 22 Feb 2011 | 11:30 PM ET
    Woman purse shopping

    Greater China may represent a significant portion of sales for leading luxury brands Louis Vuitton, Gucci and Bulgari, but Aaron Fischer, regional head of consumer research at CLSA Asia Pacific Markets, believes Hong Kong-listed retailers are better positioned to capture the mainland’s demand for high-end merchandise.

  • Fashion Houses Have Designs on Online Luxury Buyers Friday, 18 Feb 2011 | 3:26 PM ET
    A mdoel walks the runway for Luca Luca Fall 2011 at The Stage at Lincoln Center, New York City.s

    Nordstrom's decision to acquire online retailer HauteLook is just the latest example of the shake-up that is going in the designer goods market. Fashion designers are scrambling to play catch up with their online strategies now that more luxury customers are demanding it.