The Bayswater and Alexa handbags maker generates over 60 percent of sales in the UK, and is now trying to increase its profile overseas, targeting affluent Asian shoppers in key tourist spots and hiking prices to take its brand more upmarket from a traditional position of "affordable luxury".» Read More
Counterfeiting is a multi-billion dollar business infiltrating the United States borders at an alarming rate. Watches, handbags, footwear and even medicines are among the top products making up more than $261 million worth of counterfeit products seized at US ports in 2009. And it's a growing problem.
Among the most interesting things I've heard here is a talk on whether Facebook and other social media sites are a good place to sell luxury. Maybe not. While it may be a good way to draw in younger consumers who trust their friends' opinions, there is a sense of "connection fatigue." The most provocative statement of the day: "Maybe offline is the new luxury destination."
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Traders away for the long weekend might have forgotten about these "terrific" companies, Cramer said. Take a second look.
With women growing tired of their over-worn wardrobes and the economy slowly ticking higher, sales of fashion accessories rose 17 percent in the first quarter, after ending the year 10 percent lower in 2009, according to an industry study.
CEO Charles Koppelman explains how product licensing is driving growth for this company.
Remember when denim jeans were a working man's wardrobe? Gloria Vanderbilt and Jordache changed all that over 30 years ago ("You've got the look I want to know better...."). But it hasn't been until the last few years that expensive jeans went from $80 to $280. Now the price is nearing $1,000.
During my recent trip to London, I hosted the CNBC European Business Leader Awards ceremony where a lady by the name of Angela Ahrendts was named Business Leader of the Future. What’s so interesting is that she is the CEO of Burberry.
It’s certainly at the top of the list, all thanks to a fabulous CEO.
Phillips-Van Heusen, the clothing conglomerate that owns Calvin Klein, is near a deal to buy Tommy Hilfiger, once a leading purveyor of colorful preppy clothing, for about 2.2 billion euros, or $3 billion, in cash and stock, people briefed on the matter said Sunday night.
"Alice in Wonderland" opens in theaters today, accompanied by Disney's most wide-ranging array of consumer products ever, chasing an unprecedented broad audience.
High-end fashion is one area that's been holding up better than other areas of retail. But one colleague has discovered its dark underbelly—a trend that may actually be a plot by men to make women miserable.
There are many events scattered throughout event spaces, galleries and showrooms in New York City including the Meatpacking District's Milk studios. Catch a glimpse of the action.
When you see the Opening Ceremony tonight, it might be hard to resist saying "I want that" as Team USA strolls by.
Women and jeans are not a match made in heaven. We spend our entire lives trying to find jeans that fit, jeans that don't make us look fat, jeans that might actually be comfortable.
Valentine's Day is just a few days away but you haven't even thought about it, have you? Here's a gift you probably didn't think of—and She. Is. Gonna. LOVE. It. Plus, a little something for the men.
Renowned fashion designer Jean Paul Gaultier won't let a little thing like the recession spoil his catwalk creations. At Paris Fashion Week he gave CNBC his tips for breaking into the fashion industry during tough times.
Another year, another amusing award bestowed upon yours truly by hard-hitting political consultant and fashion aficionado Roger Stone.
As Tiger Woods tries to hold on to his endorsements, his wife Elin was rumored to be scoring one. Early this morning, TMZ reported that Elin, who has done some modeling work, is “very close” to signing a deal with Puma’s Tretorn brand. The brand, which specializes in boots, shoes and tennis balls, was founded and is still headquartered in Elin’s native Sweden.
The alligator skin business has soured as of late. Last year Louisiana farmers, who produce most of the world’s alligator skins, collected over 500,000 eggs from the wild. This year, for the first time, most farmers did not pick up any. The New York Times reports.