PARIS— Global cosmetics leader L'Oreal says its 2015 profit grew 8.5 percent in the first half, driven by improvement among higher-end makeup and perfume lines including Giorgio Armani, Yves Saint Laurent and Kiehl's. The French company said in its first-half earnings report released Thursday that total profit amounted to 1.88 billion euros, up from 1.73...» Read More
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.
Tiffany reported a loss in the fourth quarter, due primarily to losing an arbitration ruling involving The Swatch Group.
Nike reported third-quarter earnings of 76 cents per share on revenue of $6.97 billion, outpacing Street estimates.
Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.
Chanel has acquired its long-time lamb hide provider in the latest purchase by a luxury brand of a partner that supplies top quality materials.
CNBC's Hadley Gamble takes a tour through Abu Dhabi's luxury goods market as high end brands open stores in the emirate.
Andrew Keith, President of Lane Crawford describes how the luxury firm is enjoying strong demand from Chinese customers.
Sara Blakely, Spanx founder & inventor, shares her story of how she founded her multi-billion dollar business.
Spanx founder and inventor Sara Blakely shares that she started her multibillion-dollar business by cutting the feet out of control-top pantyhose. She was selling fax machines when she came up with the idea for Spanx. Blakely is the reason you have to be bullish on America, says Warren Buffett.
It's not your imagination. That shirt you recently bought is wearing out faster than others you purchased years ago. It's all part of cost cutting.
Pastels, cutouts and florals ruled the runway as Fashion Week kicked off in New York, showcasing the latest looks for the spring 2014 season.
Toby Iles, Economist at The Economist Intelligence Unit says a boost in household income will drive growth in Asia's luxury market. Richard Martin, Managing Director at IMA Asia joins in the discussion.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.
Jake Bronstein says he's discovered a largely untapped vein of demand for premium, American-made men's underwear.
Jake Bronstein, CEO of Flint & Tinder, explains how his dismay with low-quality underwear led him to produce a high-end brand, which is made in America and becoming a multimillion-dollar business.
Allegra Perry, managing director at Cantor Fitzgerald, tells CNBC that Burberry are experiencing high quality growth and they could experience some small upgrades in the market.
Kevin Plank, Under Armour chairman, president and CEO, and New England Patriots quarterback Tom Brady discuss the company's newest endorsement deal and its strategy to expand its brand.
Paul Trible, Ledbury co-founder & CEO, and Paul Watson, Ledbury co-founder & COO, explain how they were able to build a profitable business launching luxury brands during a recession.
Rahul Sharma, managing director at Neev Capital, tells CNBC he is positively surprised by Burberry's results and says the market should stop focusing so much on the Chinese luxury consumption and look into emerging markets.
Julia Chatterley models the official Eurogroup poncho ahead of the European finance ministers' meeting in Dublin