Want to get rich? Invest in things that rich people buy—including $3,000 ski jackets. Moncler, the Milan-based maker of stylish puffy jackets is about to go public.» Read More
Following an unconfirmed report that upscale retailer Coach is exploring a sale of itself, the company's shares rose in early trade.
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.
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.
Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
Designer Karl Lagerfeld says he doesn't pay too much attention to the impact of the crisis on fashion.
Ramon Vega, founder of Vega Swiss Asset Management, tells CNBC that the luxury market has to come back to fundamentals of quality over quantity.
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.
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.
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.
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.
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.
Coach's longtime Chief Executive Lew Frankfort will step down in January 2014 and be replaced by the executive who oversaw the upscale leather-goods maker's successful expansion in Asia.
Angus Thirlwell, CEO of Hotel Chocalat and Reed McIlvane, owner of Renny and Reed Florists, discuss Valentine's Day and how the luxury market continues to perform well despite a struggling economy.
In London, surprisingly robust sales of Lamborghinis and Ferraris depend on mass-market techniques as the super-rich spend less freely.
As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.
Perry Oosting, CEO of Vertu, tells CNBC about their new android handset which costs almost eight thousand euros and comes with a sapphire glass screen.
Behind the scenes and on the Lincoln Center runway at New York's Mercedes-Benz Fashion Show for the Fall 2013 season.
Fashion, an industry known for being cutting edge in design has also decided to warm up to technology both to broaden its customer base and to boost apparel sales.
Erwan Rambourg, Head of Consumer and Retail at HSBC tells CNBC's Cash Flow which luxury brands he likes in China.
Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.