BASEL, Switzerland, April 6- A recent advert from luxury watchmaker Omega shows a large, technologically-advanced timepiece. These customers' interest has waned little despite economic fluctuations- though the recent financial crisis hurt sales, it was followed by a stronger rebound that was driven by demand in China.» Read More
Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.
Feb 11- Fashion accessory maker and retailer Fossil Group Inc reported better-than-expected quarterly results as it sold more watches and jewelry in North America, its largest market. Fossil sells watches ranging from $7 to upwards of $2000, under brands such as Armani Exchange, Marc by Marc Jacobs and Michael Kors.
PARIS, Jan 30- LVMH, the world's biggest luxury group, posted an 8 percent rise in like-for-like full-year sales on Thursday as buoyant duty-free and cosmetics revenue helped offset lower demand for cognac in China and Louis Vuitton handbags.
LONDON, Jan 10- European equities bounced back on Friday, with personal and household goods advancing following a positive update from watchmaker Swatch and peripheral euro zone stocks adding to brisk gains made so far this year.
SHANGHAI, Jan 8- French cosmetics giant L'Oreal SA has halted sales of Garnier beauty products in China to focus on other brands, a week after U.S. rival Revlon Inc pulled out completely from the slowing China market.
Chanel has acquired its long-time lamb hide provider in the latest purchase by a luxury brand of a partner that supplies top quality materials.
CNBC's Hadley Gamble takes a tour through Abu Dhabi's luxury goods market as high end brands open stores in the emirate.
PARIS, Nov 21- French cosmetics giant L'Oreal has created a new travel retail division to make the most of a 17- billion-euro market that is booming as a new, moneyed middle class emerges from China to Brazil.
Andrew Keith, President of Lane Crawford describes how the luxury firm is enjoying strong demand from Chinese customers.
*Marc Jacobs, Michael Kors not planning on going into skin care. PARIS, Nov 18- Burberry is the latest luxury brand to eye the 28- billion-euro global skin care market but despite potentially rich pickings in Asia it faces an uphill struggle to win customer trust in a crowded market.
Sara Blakely, Spanx founder & inventor, shares her story of how she founded her multi-billion dollar business.
Spanx founder and inventor Sara Blakely shares that she started her multibillion-dollar business by cutting the feet out of control-top pantyhose. She was selling fax machines when she came up with the idea for Spanx. Blakely is the reason you have to be bullish on America, says Warren Buffett.
It's not your imagination. That shirt you recently bought is wearing out faster than others you purchased years ago. It's all part of cost cutting.
Pastels, cutouts and florals ruled the runway as Fashion Week kicked off in New York, showcasing the latest looks for the spring 2014 season.
Toby Iles, Economist at The Economist Intelligence Unit says a boost in household income will drive growth in Asia's luxury market. Richard Martin, Managing Director at IMA Asia joins in the discussion.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.
Jake Bronstein says he's discovered a largely untapped vein of demand for premium, American-made men's underwear.
Jake Bronstein, CEO of Flint & Tinder, explains how his dismay with low-quality underwear led him to produce a high-end brand, which is made in America and becoming a multimillion-dollar business.
Allegra Perry, managing director at Cantor Fitzgerald, tells CNBC that Burberry are experiencing high quality growth and they could experience some small upgrades in the market.
Kevin Plank, Under Armour chairman, president and CEO, and New England Patriots quarterback Tom Brady discuss the company's newest endorsement deal and its strategy to expand its brand.