Jimmy Choo, the luxury shoemaker, has raised 140p per share in an IPO on the London Stock Exchange valuing it at £545.6 million ($877 million).» Read More
Michele Norsa, CEO of Salvatore Ferragamo, says there has been less traffic from Russians in European stores.
CNBC's Robert Frank reveals where participants of the CNBC Millionaire Survey are from and how they made their money.
The iPhone may lose its luster a few decades from now, LVMH baron Bernard Arnault tells CNBC, but people will still drink Dom Pérignon.
Luxury baron Bernard Arnault, LVMH chairman & CEO, combined a host of luxury brands to build the LVMH conglomerate. Arnault explains how he uses design, production and innovation to build his global empire.
CNBC's Robert Frank reveals where American millionaires are spending their money and what areas they are avoiding.
A start-up company called Eleven James has launched a timepiece timeshare that allows customers to get a new luxury watch every couple of months for an annual fee.
CNBC's Robert Frank speaks to Randy Brandoff, Eleven James founder, about his business of renting luxury watches.
More members of the Chinese elite are eschewing flashy logos for bespoke goods. CNBC's Julia Wood reports.
Steve Cannon, Mercedes-Benz USA president & CEO, breaks down Mercedes growth plan and sales expectations for the year.
CNBC's Phil LeBeau and Steve Cannon, Mercedes-Benz USA president & CEO, premiere the new high performance Mercedes-Benz S63 AMG 4MATIC Coupe.
Former Saks chairman & CEO Steve Sadove, discusses the pressure on the retail sector and the confidence of the consumer.
As Instagram tries to make money, it finds itself in some ways competing with its own users for ad dollars.
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.
It's the guys turn in the trillion dollar luxury industry. CNBC's Robert Frank explains the rise of the "YUMMY.'
A new report suggests that future growth for luxury will come from a new consumer. They're called YUMMY's—Young Urban Males.
Tiffany reported a loss in the fourth quarter, due primarily to losing an arbitration ruling involving The Swatch Group.
France's Hermes - maker of the iconic Kelly and Birkin leather handbags - posted a solid set of numbers Thursday, while across the Channel the CEO of Mulberry quit in the latest bout of turbulence for the group.
Rahul Sharma, founder and managing director at Neev Capital, says Morrisons is losing out to discount grocers and is late to come to the online market.
Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.
CNBC Retail Analyst Stacey Widlitz, says retailers will see a slowdown in mainland China as more Chinese are traveling overseas and purchasing abroad.