Luxury Brands
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Erwan Rambourg, Head of Consumer and Retail at HSBC Global Research, talks luxury stock picks in the growing Chinese consumer market.
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CNBC's Robert Frank gets behind the wheel of Rolls-Royce's new Phantom. (2:52)
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SAN FRANCISCO, March 8- Luxury department store operator Neiman Marcus is shutting its eBay Inc store, a setback for the e-commerce company, which has been trying to lure large retailers to its online marketplace.
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The "Ferrari Index" is an index of the 25 most sought after collectible or vintage Ferraris. CNBC's Robert Frank reports the index is up 70 percent.
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The "Ferrari Index" is up 70 percent over the past three years. CNBC's Robert Frank reports the average price for collectible Ferraris is now topping $2.6 million.
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CNBC's Robert Frank reports there could be a bubble forming in the Ferrari market with prices already hitting $10 million for just one car. (1:41)
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*Hyundai growing market share in Europe. GENEVA, March 6- South Korean carmaker Hyundai plans to double its advertising spending in Europe in a bid to build on market share gains at a time when struggling rivals are becoming more aggressive in cutting prices.
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Auto sales in the U.S. are at the highest levels since 2007 and it's the ultra-luxury brands likes Rolls Royce, Ferrari, Bentley, and Lamborghini that are seeing the biggest demand, reports CNBC's Phil LeBeau, live outside CNBC headquarters. (4:31)
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The city of Malibu plans to license their brand of apparel, beauty products and other goods, to raise money, reports CNBC's Jane Wells.
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Kwon Ping Ho, Chairman at luxury hotel company Banyan Tree Holdings, says demand for its big-ticket projects is helped by the "wealth effect" in Asia.
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Following an unconfirmed report that upscale retailer Coach is exploring a sale of itself, the company's shares rose in early trade.
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Sales of high-end jewelry, watches and handbags have been slowing lately, some five years after the world's luxury goods makers embraced wealthy Chinese. CaiXin Online reports.
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Greg Furman, founder and chairman of The Luxury Marketing Council, tells CNBC why companies in the luxury sector continue to see double digit growth despite the economic climate.
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Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
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Designer Karl Lagerfeld says he doesn't pay too much attention to the impact of the crisis on fashion.
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Ramon Vega, founder of Vega Swiss Asset Management, tells CNBC that the luxury market has to come back to fundamentals of quality over quantity.
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Analysts discuss where consumers are spending their money, as delayed tax returns and a rising payroll tax have some shoppers pulling back on their spending.
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Angela Ahrendts, CEO of Burberry, tells CNBC at London Fashion Week that growth in south-east Asia is 'absolutely terrific', adding we'll be talking about the Asian region for years to come.
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Tiffany has filed a lawsuit in the U.S. District Court against Costco, reports CNBC's Courtney Reagan. The luxury retailer is claiming trademark infringement.
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Tiffany sued Costco Wholesale to stop the largest U.S. warehouse club chain from selling what it called counterfeit diamond engagement rings bearing the luxury retailer's name.
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Ray Clacher, managing and creative director at Gieves and Hawkes, tells CNBC why the market for men's luxury clothing has experienced such a boom over the past five years.