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  • The social media stock worthy of Islamic investment Monday, 11 Nov 2013 | 12:03 PM ET

    Joining the ranks of tech stocks Google and Microsoft, Twitter meets Muslim principles and is considered eligible for investment by Islamic funds.

  • Turning a peasant moonshine into a premium spirit Tuesday, 29 Oct 2013 | 9:15 AM ET
    Cachaca, the world's fourth most-produced distilled liquor which is made from fresh sugarcane juice that is fermented and distilled, was officially recognized by the United States as a genuine "distinctive product."

    Local liquors like cachaça in Brazil, baijiu in China and Indian whiskey are under attack as the emerging middle class develops a premium taste.

  • Europe stocks close higher on hopes of US deal Wednesday, 16 Oct 2013 | 12:23 PM ET

    European equities closed higher on Wednesday as investors bet on an imminent deal in Washington to avert a U.S. debt default.

  • Apple's Burberry hire: A lesson in brand strategy Tuesday, 15 Oct 2013 | 3:50 PM ET
    Angela Ahrendts

    There's a lesson for companies in Apple's hire of Burberry CEO Angela Ahrendts: Your outfit may not really match its true image with the public.

  • Will cheap rivals steal champagne’s fizz? Thursday, 3 Oct 2013 | 11:46 PM ET

    Champagne's long association with luxury gives it premium pricing, but it may also be taking the fizz out of sales.

  • Europe stocks close down but Italy recovers Wednesday, 2 Oct 2013 | 12:07 PM ET

    European shares closed down on Wednesday, as the U.S. government shutdown continued and jobs data came in weak.

  • In China, the Devil doesn't wear Prada Tuesday, 17 Sep 2013 | 12:59 AM ET
    Meryl Streep as Miranda Priestly in The Devil Wears Prada.

    The Devil, it seems, wears anything but Prada in the eyes of Chinese bloggers determined to expose corrupt officials flashing labels way past their pay grades.

  • Teens are shopping—just not at traditional malls Friday, 9 Aug 2013 | 3:23 PM ET

    Teens are shopping, but their back-to-school wish lists have changed. Many are mixing designer handbags and fast fashion, making it tough on traditional teen retailers.

  • 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.