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  • Top French winemakers eye China vintage Thursday, 1 Aug 2013 | 9:27 PM ET
    Flight of wine at California Pizza Kitchen

    In a few remote corners of China, two of France's top winemakers have more on their minds than a trade row with their most promising export market.

  • Thrift trumps as Japan shoppers stick to bargains Sunday, 14 Jul 2013 | 9:45 PM ET

    "Abenomics" hinges on a pick-up in consumer spending, but eight months after its launch, it has yet to convince many Japanese to part with their thrifty ways.

  • Luxe Sponsorships Set Sail at America's Cup Thursday, 4 Jul 2013 | 2:08 PM ET
    Oracle Team USA Slingsby, Luna Rossa Swordfish and Artemis White teams compete in Qualifier & Quarter Finals during America's cup World Series Naples on April 18, 2013 in Naples, Italy.

    Most of the contenders that could afford to compete are funded by a single source—a billionaire. Staging the event itself is estimated to cost as much as $100 million.

  • In Luxury Aisle Brawl, LVMH Faces Maximum Fine Friday, 31 May 2013 | 5:02 PM ET
    Bernard Arnault, CEO of the luxury goods maker LVMH.

    A battle between French luxury-handbag makers went public with regulators seeking the maximum fine for the Louis Vuitton owner for failing to disclose moves to build a stake in Hermes.

  • How a Gelato Upstart Racked Up $49 Million in Sales Saturday, 27 Apr 2013 | 11:50 AM ET

    How one ex-pat returned to the U.S. with a new-found appreciation for Argentine gelato, a passion that propelled the entrepreneur on a quest to conquer the ice cream market.

  • Hermes Profit Beats on Ready-to-Wear Fashion Monday, 22 Apr 2013 | 4:01 AM ET
    Views of the Hermes luxury goods shop on New Bond Street.

    French luxury goods maker Hermes posted first-quarter sales ahead of forecasts, driven by strong demand for its silks, accessories and ready-to-wear.

  • Soros to Trump: most outrageous weddings Saturday, 20 Apr 2013 | 11:44 AM ET

    Something lavish, something diamond, something Hollywood and many things new. Such is the refrain of today's outrageous weddings, where glitz reigns supreme.

  • Europe Pares Losses After Upbeat US Earnings Tuesday, 16 Apr 2013 | 11:52 AM ET

    European shares closed off their session lows on Tuesday, as U.S. earnings season kicked into high gear following a slew of upbeat earnings reports from heavyweights Goldman Sachs, Coca-Cola, and Johnson & Johnson. U.S. shares were boosted by the news and the pan-European FTSEurofirst 300 Index closed provisionally down.

  • France's Richest Man Ends Belgian Citizenship Bid Thursday, 11 Apr 2013 | 1:47 AM ET
    Luxury group LVMH CEO Bernard Arnault.

    Bernard Arnault, France's richest man, has abandoned attempts to obtain Belgian nationality and will keep paying tax in his native country.

  • Luxury Spending in Europe Hit as Chinese Stay Home Wednesday, 3 Apr 2013 | 1:47 AM ET

    At the seven-story retail temple that is Louis Vuitton's flagship store in Paris, there are signs of a slowdown in spending by Asian tourists - the recent driving force in a European luxury market defying recession.

  • Hyundai Aims for Luxury League With Hermes Touch Wednesday, 27 Mar 2013 | 9:48 PM ET
    FILE - In this July 26, 2012 file photo, the logo of Hyundai Motor Co. is seen on its car at the company's showroom in Seoul, South Korea.  Hyundai Motor Co. is recalling some Santa Fe SUVs and Sonata sedans because of problems with their air bags. The Santa Fe recall involves nearly 200,000 vehicles in the 2007 to 2009 model years. Hyundai dealers will reprogram the front passenger air bag sensors so they will accurately detect when a small adult is seated. (AP Photo/Ahn Young-joon, File)

    South Korean carmaker Hyundai Motor hopes a touch of Hermes will make its priciest sedan as desirable as the French retailer's exclusive handbags and catapult its cachet into the same league as luxury rivals.

  • Billionaire Population Hits 1,453—Or Maybe 4,000 Thursday, 28 Feb 2013 | 3:15 PM ET

    Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.

  • India Develops Taste for Washington Apples Wednesday, 6 Feb 2013 | 11:07 PM ET

    After Hermes saris, Louis Vuitton bags and Porsche cars, it is now demand for Washington apples, New Zealand kiwis, and China pears that is adding a new sheen to India's booming consumption story.

  • The grand opening Louis Vuitton shop in Hong Kong.

    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.

  • Europe Shares Close Lower as Earnings Weigh Thursday, 31 Jan 2013 | 10:14 AM ET

    European shares pared some of the losses on Thursday, after a series of earnings across the continent weighed on market sentiment.

  • Europe Shares Close Mixed After ECB Decision; Nokia Jumps Thursday, 10 Jan 2013 | 11:51 AM ET

    European shares closed narrowly mixed after the European Central Bank and the Bank of England left interest rates unchanged Thursday, while a better-than-expected trade report from China provided support for investor sentiment.

  • Actor Depardieu: Success Being Punished in France Monday, 17 Dec 2012 | 1:11 AM ET
    French actor Gerard Depardieu

    The French actor, accused by French government leaders of being "pathetic" and unpatriotic in trying to dodge taxes by buying a house over the border in Belgium, has hit back at politicians.

  • Actor Depardieu's Belgium Move 'Pathetic:' French PM Thursday, 13 Dec 2012 | 5:02 AM ET
    A photo taken on December 10, 2012 shows a house in the Belgian village of Nechin near Estaimpuis allegedly bought by French actor Gerard Depardieu.

    Actor Gerard Depardieu's decision to establish residency in Belgium, which does not have a wealth tax, by buying a house just over the border with France, is "pathetic" and unpatriotic, French Prime Minister Jean-Marc Ayrault said on Wednesday.

  • Wealth: More Money, More Problems Tuesday, 4 Dec 2012 | 11:26 AM ET

    The wealthy will pay more taxes but spend more, too.

  • Paris prosecutor opens preliminary probe into LVMH Friday, 12 Oct 2012 | 3:21 PM ET

    PARIS-- The Paris prosecutor's office says it has opened a preliminary investigation into scarf and bag maker Hermes' claim that luxury giant LVMH Moet Hennessy Louis Vuitton engaged in insider trading and share manipulation when it took a stake in its rival.

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