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  • Young 'One Percent' money is actually pretty old Sunday, 22 Nov 2015 | 5:18 PM ET
    Priscilla and Mark Zuckerberg.

    Research shows that despite their high profile, the young rich are a minority and the wealthy are actually getting older., The NY Times reports.

  • *Ferrari starts trading on NYSE at $60. NEW YORK/ MILAN, Oct 21- Ferrari shares jumped 15 percent to $60 on its Wall Street debut on Wednesday after the Italian supercar maker priced its share offering at the top of the range amid heavy investor demand. Ferrari Chief Executive Amedeo Felisa and Chairman Sergio Marchionne were at the New York Stock Exchange to ring...

  • PARIS/ HONG KONG/ NEW YORK, Oct 13- Chinese luxury consumers are spending more on ready-to-wear and new labels, a notable shift in the behaviour and tastes of the world's top spenders, a Reuters survey of retailers in the United States, Asia and Europe showed. Analysts estimate more than two thirds of luxury purchases by Chinese buyers is done overseas, mainly in...

  • FACTBOX-Ferrari gears up for Wall Street debut Monday, 12 Oct 2015 | 11:12 AM ET

    Oct 12- Fiat Chrysler Automobiles is selling 10 percent of luxury carmaker Ferrari later this month. *FCA will sell up to 10 percent of Ferrari at $48- $52 a share, assigning the luxury sportscar maker a market capitalisation of up to $9.8 billion. *FCA currently owns 90 percent of Ferrari, with the remaining 10 percent held by Piero Ferrari, vice chairman and son of the...

  • Ferrari's IPO could value the company near $10B Sunday, 11 Oct 2015 | 12:42 AM ET
    Ferrari 488 Spider

    Ferrari expects its U.S. IPO to be priced in a range of between $48 and $52 per share, which could value the company at up to $9.8 billion.

  • *Drop in tourists from China hits sales. HONG KONG, Oct 2- Hong Kong retail sales fell for the sixth straight month in August as a drop-off in tourist arrivals from mainland China and its economic slowdown took a bite out of the luxury goods business. On Wednesday, Financial Secretary John Tsang told Reuters that Hong Kong is looking at a "new normal" economic growth...

  • HONG KONG, Sept 30- Famed diamond supplier De Beers expects the value of its sales of the polished jewel in China may rise this year by just over a tenth of 2011' s surge, as the economy that has long bolstered global luxury goods heads for its weakest growth in 25 years. "The bridal business and the gifting business, particularly amongst younger consumers in China, is...

  • Hot or not? The best and worst fashion stocks Wednesday, 9 Sep 2015 | 1:09 PM ET

    Ahead of Thursday's start to the spring fashion shows, here are the best- and worst-performing stocks with ties to the runways.

  • June 15- Hong Kong stocks dropped sharply on Monday, taking cues from weak China and global markets and ahead of a politically sensitive vote this week that could spark mass protests. Hong Kong stocks tracked losses in China, whose markets fell 2 percent on Monday over IPO and margin tightening worries. Prada SpA shares fell 4.9 percent, reaching the lowest level...

  • Slew of target cuts crush Prada shares Monday, 15 Jun 2015 | 2:14 AM ET

    Investors dumped shares of Prada on Monday following an ugly earnings report, which prompted brokerages to slice their price target for the stock.

  • America's most lucrative shopping malls Monday, 8 Jun 2015 | 10:44 AM ET
    The Grove mall

    Despite all the talk about dead malls, there are still those that hear the registers ring. America's top 10 malls, by sales by square feet.

  • Here's where retailers are headed next Tuesday, 2 Jun 2015 | 12:59 PM ET
    A pedestrian walks past a Cartier store in Shanghai, China

    Through international turmoil, retailers are staying the course in expanding their brands overseas.

  • Asian stocks outside Australia recovered from a lackluster open to rise on Monday as a modestly positive lead from Wall Street offset the impact of sliding oil prices.

  • Prada profit dips on falling sales in China, Europe Sunday, 29 Mar 2015 | 11:01 PM ET
    A Prada store in Beijing.

    Prada reported a 28 percent fall in its 2014 net profit, as growing retail sales in the Americas and Japan failed to offset declines in China and Europe.

  • Europe closes mixed after selloff; Novo Nordisk surges Friday, 27 Mar 2015 | 12:30 PM ET

    European equities closed mixed on Friday, but lower on the week, as investors mulled the growing conflict in Yemen.

  • What not to wear: Most out-of-style fashion stocks Thursday, 12 Feb 2015 | 12:25 PM ET
    A model presents a creation from the Tommy Hilfiger Spring/Summer 2015 collection during New York Fashion Week, Sept. 8, 2014.

    Some fashion firms have seen their shares rise by nearly 50 percent in the past year; others have had their stock prices plummet.

  • Hey, big spender: Luxe buyer not who you may think Monday, 29 Dec 2014 | 1:28 PM ET
    Woman in fur coat

    Categorizing shoppers by their age, sex and net worth isn't enough to get a real gauge on luxury buyers.

  • Is Prada going out of style? Monday, 8 Dec 2014 | 6:49 PM ET

    Shares of Italian fashion house Prada have lost over a third of their value this year, raising questions over whether the brand is going out of style.

  • Big bets on bling: More practical than you think Tuesday, 18 Nov 2014 | 2:04 PM ET
    Jewelry store Macau

    The luxury sector hit a soft patch recently, but the stage is set for a recovery. Jewelry, in particular, may glow for investors.

  • Prada owners investigated in Italian tax probe Monday, 29 Sep 2014 | 3:03 AM ET
    A Prada store in Beijing.

    Prada chairwoman Miuccia Prada and her husband are being investigated by Italian authorities over past taxes.