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Apparel Accessories and Luxury Goods

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  • Yachts in Asia Get Million-Dollar Makeovers Tuesday, 15 Nov 2011 | 10:21 PM ET
    MF Global website

    Asia’s image-conscious rich are spending big money on adding frills to their million-dollar yachts.

  • The grand opening Louis Vuitton shop in Hong Kong.

    Too many people are beginning to own a Louis Vuitton in China. which is eroding the luxury brand's exclusivity.

  • Marathon From Greece to New York Wednesday, 9 Nov 2011 | 1:15 PM ET

    Jim Cramer’s researcher, Nicole Urken, discusses how the ebullience at the NYC marathon this past weekend stands in contrast to the eurozone mood and is an analogy of the divergence in market conditions.

  • Luxury Gifts for the Holidays 2011 Friday, 4 Nov 2011 | 11:59 AM ET
    'Tis the time for giving. This holiday season, affluent consumers are becoming more comfortable with their spending. On average, affluent households spend more than four times the average family on holiday gifts, according to the National Retail Federation industry trade group. “After four plus years of reprioritizing and realigning their spending to match their values, affluent consumers are feeling quite good about themselves and their ability to maintain — and even increase — their family’s h

    For those who want to spare no expense, there are plenty of fashionable items that are on trend. Click for some luxurious gift ideas.

  • Luxury Back in Fashion Despite Downturn Monday, 24 Oct 2011 | 9:48 AM ET
    Aligator Purse

    The market for luxury goods has come back with a bang in the past couple of years, despite volatility elsewhere in the market.

  • Why Is Luxury So Resilient? Saturday, 15 Oct 2011 | 7:00 AM ET
    Why Is Luxury So Resilient?

    At a time when consumers are supposed to be tightening their belts, why has the luxury sector remained so resilient? CNBC explores this question in a debate with the CEOs of Rolls-Royce, Burberry, De Beers and Quintessentially.

  • Price of Lake Boats Up, Cigars Down for Rich Swiss Tuesday, 11 Oct 2011 | 9:45 AM ET
    Switzerland

    Living it up in Switzerland has become even more pricey, a new report shows, despite falls in prices for imported goods such as cigars and champagne which have become more affordable thanks to the rise in the Swiss franc.

  • Le Bernardin Restaurant Wins in NYC Friday, 7 Oct 2011 | 10:50 AM ET
    Le Bernardin Restaurant Wins in NYC

    Le Bernardin was just voted New York City's most popular restaurant and received the coveted three Michelin Stars. Eric Ripert, Le Bernardin chef & co-owner, discusses the business and what's behind its rising popularity.

  • Proenza Schouler Runway Spring 2012

    Instant shopping site Moda Operandi offers consumers the chance to preorder next season’s clothes days or even hours after they’ve appeared on runways. That’s long before the spring and summer looks that debuted over the past eight days of Mercedes-Benz Fashion Week in New York hit the stores. That is, if some of the more fantastic or theatrical pieces even make it there at all.

  • Celebrity Million-Dollar Extravagances Thursday, 15 Sep 2011 | 4:31 PM ET
    People love to read about celebrities who spend huge sums of money on luxury items--even in these hard times. After all, who wouldn’t be amused to learn that Paris Hilton owns a $325,000 doghouse that’s an exact replica of her own mansion?The limits of celebrity conspicuous consumption continue to be pushed. Some of the rich and famous have distinguished themselves through the sheer quantities of cash spent on quirky luxury items—up to $1 million or more. Often, the practicality of these purchas

    Who are some of the celebrities who have spent $1 million or more on decadent extravagances? Click to find out!

  • What Happens When Youth No Longer Drives Fashion Thursday, 8 Sep 2011 | 12:58 PM ET
    A model walks the runway at the Rachel Comey Spring 2012 fashion show during Mercedes-Benz Fashion Week at Pier 59 Studios on September 7, 2011 in New York City.

    Youth is no longer driving fashion, and younger lines are wisely "aging," said fashion trend forecaster David Wolfe. And this is having an effect on the clothes designers are creating.

  • From Rubble To Renaissance Thursday, 1 Sep 2011 | 3:17 PM ET
    Freedom Tower, Ground Zero, New York City

    Lower Manhattan was nearly destroyed in the 9/11 attacks, but 10 years later, with the help of major investment, it has seen a dramatic recovery.

  • Diamond Prices Soar on Asian Demand Friday, 26 Aug 2011 | 11:53 PM ET
    Tiffany Diamond Rings

    Diamonds have emerged as a haven investment alongside favorites gold and the Swiss franc, with surging demand from Asian buyers driving prices of the precious stones.  The FT reports.

  • What $1 Million Buys You Tuesday, 23 Aug 2011 | 6:30 PM ET
    Who hasn’t spent at least a few daydreaming moments fantasizing about spending money? Not just a few hundred bucks either, but huge, irresponsible sums of money, all on completely unnecessary luxury items? Most of us probably have, but sadly, reality tends to intervene. Just as we’re settling into a meditation about a chartered plane jetting us off to Aruba, the memory of that unpaid and overdue $250 phone bill intrudes and throws cold water on the fantasy.If one were to make a completely uneduc

    $1 million isn’t what it used to be, in part because a lot of people don’t know how far it can go, and the amount of time and effort that it would take to spend it.

  • Million-Dollar Cars Wednesday, 17 Aug 2011 | 3:37 PM ET
    When vintage car collectors go to auctions, they’re used to seeing price tags exceeding $1 million. They may not necessarily buy any of the immaculately preserved specimens on display, but they’re happy to have to opportunity to note the technical specifications and observe the details that make each car a piece of living history.Then there are cars with million dollar price tags, where that number represents what you have to pay just to drive them off the lot. These are the luxury cars at the h

    So what are some of the cars with prices exceeding $1 million? Click to find out.

  • The Luxury Goods Business: Coach CEO Tuesday, 2 Aug 2011 | 3:40 PM ET
    The Luxury Goods Business: Coach CEO

    Discussing the company's earnings, the country's debt and Chinese consumers, with Lew Frankfort, Coach chairman/CEO.

  • Torsten Müller-Ötvös high res with BUG_opt.jpg

    British luxury carmaker Rolls-Royce Motor Cars expects sales from Asia to account for 40% of its total by year-end. In an interview at his headquarters in Goodwood, England, CEO Torsten Müller-Ötvös discusses his roadmap for the Asian region with Managing Asia.

  • Prada Shares Attractive Despite Post-IPO Rally: Pros Monday, 18 Jul 2011 | 7:54 PM ET
    The Prada store in Milan, Italy.

    Luxury retailer Prada’s shares have rallied 17 percent since the company’s initial public offering (IPO) in Hong Kong just over a month ago, outperforming the Hang Seng Index. The stock now trades at a valuation of about 26.5 times current earnings, a significant premium over the industry average of 20 times earnings.

  • 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.