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  • 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.

  • 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
    chinese_factory_workers_2_200.jpg

    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
    luxury_hotel_200.jpg

    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.