Luxury Brands
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Jeweller Harry Winston bought the largest ever diamond to be sold at auction. The gem fetched a record 26.7 million dollars.
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Coming off a year where global IPO performance declined across the board, shares of Tumi Holdings traveled in high style during their debut on the Big Board.
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Recent reports from the worlds of retailing, real estate and education suggest that speaking Mandarin is becoming a prerequisite to making high-end sales.
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Luxury retail reported strong demand in March. Ed Yruma, Keybanc Capital Markets, weighs in on whether the momentum can continue.
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CNBC's Courtney Reagan reports on retail stocks reacting positively to an early spring.
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"One of the biggest challenges [we have faced] has been the fact that [the business] is growing so quickly. So it has taken us aback, our expectations were that we would grow steadily but really right now we are dealing with scaling our business and hiring more people and figuring out what's going to be next for us," Katia Beauchamp, Co-Founder of Birchbox told CNBC.
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Erwan Rambourg, Head of Consumer Brands and Retail Equity Research, HSBC examines the growth of the luxury sector in China.
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Starting this week, sharp-eyed wine consumers might notice the Bulgari name in an unexpected place, a wine label, as the Bulgari family slowly enters the wine business.
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Over the next five years, Brazil's consumption of personal care and beauty products will outpace that of developed markets including the U.S., making the country ripe for industry expansion.
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Insight on why high-end retailers are still holding up well despite surging gas prices, with Steve Sadove, Saks chairman/CEO.
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Luxury retailer Neiman Marcus announced plans to launch an ecommerce website in China by year-end to cash in on the country’s strong interest in high-end brands and growing spending power.
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Jiang Qiong’er, Shang Xia’s founder, is determined to help China cast off the inferiority complex that comes of decades of producing cheap trinkets. If succesful, it could herald the emergence of China as a power to reckon with in the global luxury business and provide a blueprint for other local brands to become globally competitive, the FT reports.
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Insight on why high-end retailer Tiffany says demand for luxury retail remains in tact, with Laura Champine, Collins Stewart senior retail analyst and CNBC's Courtney Reagan.
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London's Big Egg Hunt, sponsored by Faberge, may boost retail sales in the city the same way the Royal Wedding did last year.
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St. Patrick’s Day is the smallest of all consumer holidays in terms of how much people spend, but more Americans than ever — some 54.4 percent, according to BigResearch — are planning to celebrate the traditional Irish holiday this year. The market researcher estimates consumers will spend about $35 on the holiday, or about $4.6 billion.
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Childrenswear is attracting the eye of fashion designers as they launch lines to cater to consumers who want to deck their children out in the latest trends — even if it means paying premium prices.
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As the world’s biggest watch a jewelry fair opens its doors to 100,000 visitors in the Swiss town of Basel on Thursday, chiefs from some of the most exclusive luxury brands told CNBC they were optimistic about 2012.
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Lew Frankfort, chairman & CEO of Coach, discusses the health of the U.S. consumer, its men's line and selection of children's products.
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Consumers are in the driver’s seat as retailers move away from wardrobe staples and shift to fashion-forward pieces while planning their upcoming fall inventories, industry analysts said.
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CNBC's Courtney Reagan reports the men's luxury market is outperforming women's in all categories, and more companies are trying to cash in on this trend, with Eric Beder, Brean Murray, Carret retail analyst, and Stacey Widlitz, SW Retail Advisors president.
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CNBC's Courtney Reagan reports there's a luxury role reversal taking place, and you won't believe who is showing up behind the wheel of Ferraris.