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
Imran Amed, founder and editor at Business of Fashion, tells CNBC that Prada has performed "outstandingly" because of its clever merchandising strategy and its increased emphasis on its Miu Miu brand.
Guaranteed for 25 years, a British bedmaker's Mongolian cashmere mattress "pays off every morning of your life," said a company representative.
Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
Showcasing the latest in the big business of skimpy, several designers hit the runway during the inaugural Lingerie Fashion Week.
If you loved fashion week, you'll love it with even less clothes! Several designers will hit the runway this weekend in the first ever Lingerie Fashion Week.
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.
What does it take to get catwalk ready? To give you an idea of the time, energy and coordination that goes into a show, CNBC goes behind the scenes to profile Mara Hoffman at New York Fashion Week.
In the company's first designer collection after its Neiman Marcus collaboration disappointed analysts, Target has already sold out of several items online while also avoiding the website crashes that have plagued past successful launches.
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.