Will cheaper fuel cause consumers to spend more in the U.S. retail sector? Oliver Chen, senior analyst at Cowen and Company, says he thinks that luxury brands like Tiffany, rather than lower-end retail, will benefit from the fall in the price of oil.» Read More
Basketball footwear sales increased 21 percent in the 12 months ending April.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Payments startup Stripe and China's Alipay struck a deal to allow Chinese buyers to pay for purchases on the U.S. service.
CNBC's Courtney Reagan reports Lululemon founder and 28 percent stakeholder Chip Wilson is evaluating his strategic options and talking to bankers, and American Apparel founder Dov Charney was ousted and owns 27 percent of the company. CNBC contributor Jan Kniffen, shares his opinions on both stories.
Coach executives failed to impress Wedbush analyst Corinna Freedman with their turnaround strategy.
Lululemon's CEO said a dispute among board members is like "our parents are fighting," adding to the company's challenges.
Patrizio di Marco, Gucci CEO, discusses the performance of the luxury retail market during a China slowdown and an uncertain U.S. economy. He also weighs in on the European consumer.
Justin Lahart, WSJ Heard on the Street reporter, weighs in on the sentiment of the luxury retailer and consumers.
More wealthy people in Asia, Africa and the Middle East are choosing 'authentic experiences' over material possessions, a Mastercard survey shows.
Just when you thought the pampered pet craze had gone too far, a luxury company has just come up with a new badge of excess: The pawbag.
Burberry reported a hike in sales and pre-tax profit for the year ending March, in the first set of results since new CEO Christopher Bailey took the helm.
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.