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Textiles Apparel and Luxury Goods

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  • China’s Rich May Be Loving Luxury Goods Too Much Tuesday, 9 Oct 2012 | 3:29 PM ET
    A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Luxury sales in China may slow, as the handbag bingers cut back and China's millionaires become over-extended.

  • Texas Postal Worker Is Artist Behind Hermes Scarves Friday, 5 Oct 2012 | 3:28 PM ET
    Hermes scarf designed by Kermit Oliver.

    The only American designer of Hermes scarves is a postal worker in Waco, Tex.

  • People walk in front of an Estee Lauder advertisement at a metro station in Shanghai, China.

    Many multinational companies simply create a new product or two specifically for the Chinese market. But the Estée Lauder Companies, which already sells 12 of its 28 cosmetics brands in China, is taking that concept further: adding an entirely new brand. The NYT reports.

  • London's Luxury Firms Look East as City Bonuses Shrink Thursday, 20 Sep 2012 | 1:50 PM ET
    Traders work on the floor of the London Metal Exchange in London, U.K., on Friday, Aug. 5, 2011. Stocks dropped for an eighth day, the longest losing streak since January 2010, and commodities declined on concern the U.S. recovery is faltering. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

    "In a normal year before 2008 you’d find 20 percent of the £2 million-plus market was  ‘City money’," says a London real-estate agent.

  • Kate Middleton Fashion Favorite Bets on China Wednesday, 19 Sep 2012 | 7:24 AM ET
    Model backstage at Alice Temperley at London Fashion Week

    British designer and Middleton sister favorite Alice Temperley sees no signs of a slowdown in Chinese demand for her products. This is a special report from CNBC.com.

  • Attacks on Bling in China Add to Luxury's Woes Tuesday, 11 Sep 2012 | 12:22 PM ET

    Burberry's profit warning signals a broader problem for the luxury market: China's slowdown.

  • At Auctions for Rare Handbags, Bargains Get Rarer Thursday, 23 Aug 2012 | 12:24 PM ET
    Hermes Red Alligator Birkin Bag

    Increasingly frequent auctions for high-end handbags have begun to set records. A Hermes Birkin sold last year for $203,150; blue crocodile version at the same auction sold for $113,525.

  • Designers Target Toddlers Who Have $10,000 to Spare Monday, 13 Aug 2012 | 3:20 PM ET

    Abstract goes here

  • What the Wealthy Are Driving Friday, 10 Aug 2012 | 4:02 PM ET
    Some wealthy people flaunt their status with shows of conspicuous consumption, while others prefer to stay low-key. These preferences extend to their major purchases, from the type of houses they buy, the type of clothes that they wear and type of cars that they drive. an automotive information website headquartered in Santa Monica, Calif., conducted a study of the most popular vehicles in the  as determined by the I.R.S. These included some of the usual places that one might expect, such as Low

    TrueCar.com, an automotive information website, conducted a study of the most popular vehicles in the most affluent zip codes. Check out what they found.

  • Global Slowdown Hasn’t Dented Our Growth: Tumi CEO Tuesday, 7 Aug 2012 | 11:25 AM ET

    The economic slowdown in China and the European debt crisis haven’t dented premium luggage and briefcase maker Tumi’s growth, CEO Jerome Griffith told CNBC’s “Squawk on the Street” after its better-than-expected second-quarter earnings announcement on Tuesday.

  • Most Stolen Luxury Cars Friday, 3 Aug 2012 | 8:20 AM ET
    Approximately  motor vehicles were stolen in the United States in 2009, the most recent year for which the Federal Bureau of Investigation provides statistics. That represents a loss of $5.2 billion nationwide.The Toyota Camry was stolen  possibly because there were so many to be stolen. Approximately 448,000 Camrys were manufactured in 2009, and of those, 781 were stolen, or 1.74 percent. But even though luxury cars are produced in much smaller numbers than standard models, they’re attractive t

    Using data from the National Highway Traffic Safety Administration, CNBC.com assembled a list of the most frequently stolen luxury cars in the U.S.

  • New Styles Sizzle as US Swimwear Grows Thursday, 26 Jul 2012 | 10:55 AM ET
    A model walks the runway during Mara Hoffman- Mercedes-Benz Fashion Week Swim 2013 show at Raleigh Hotel on July 21, 2012 in Miami Beach, Florida.

    Some like it hot — especially women’s swimwear designers. For the eighth year, thousands of fashion industry pros and onlookers migrated to Miami Beach to check out the latest in "barely there" attire during Mercedes-Benz Fashion Week Swim.

  • French Earnings Deluge: Surprising Winners? Thursday, 26 Jul 2012 | 4:59 AM ET

    Almost half of France's biggest companies report quarterly earnings between Thursday morning and Friday evening, the first set of numbers since socialist President Francois Hollande took office in May in the midst of en economic crisis.

  • Luxury Retail Boom in China Friday, 20 Jul 2012 | 4:28 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.

    As the Chinese boom slows Hermes, Remy and other posh names are still going full throttle in Asia.

  • DFS Sees Robust Sales Despite China Concerns     Tuesday, 3 Jul 2012 | 8:20 PM ET

    Michael Schriver, Group President for Stores & Business Development at DFS, is banking on hopes that Chinese consumers will continue to loosen their purse strings for luxury goods.

  • Fashion Houses Get in on 'Hard' Luxury Boom Tuesday, 3 Jul 2012 | 11:55 AM ET
    Louis Vuitton Store

    The hottest trend in fashion of the moment is branded jewelry, as companies that specialize in ‘soft’ luxury goods debut ‘hard’ luxury lines.

  • Wealthy Shoppers Don't Buy into 'Lux-Anthropy' Wednesday, 27 Jun 2012 | 2:23 PM ET
    Upcycled Leather Handbag from Beryll

    A new study shows that 39 percent of luxury shoppers won't pay for premium brands with high ethical standards.

  • Signals From China Keep Luxury Investors Guessing Thursday, 21 Jun 2012 | 10:54 AM ET
    The backside of a Patek Philippe watch is pictured in a mirror.

    Conflicting reports out of China continue to keep luxury investors wondering if the "immune" part of retail is about to crack.

  • Aquascutum is the latest British company to find new foreign owners. William Fu, Managing Director, YGM Trading talks about what having a new owner means for the brand, and the changes in production trends worldwide.

  • 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.

    Economic growth in China has created a voracious appetite for luxury goods. Now wealthy shoppers there are shunning labels they see as tainted by the common touch.

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