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.
Susan Lyne, Gilt chairman, discusses how e-shoppers are hitting luxury gold at bargain prices on the Internet.
Nike says its second-quarter net income fell 18 percent as the European economy remained weak and growth slowed in China.
Many presents fit comfortably in a stocking convey indulgence and extravagance. CNBC.com presents 10 luxury gifts whose small sizes are offset by large price tags.
Does your portfolio deserve a little more luxury? Liz Dunn, Macquarie Capital analyst, and Edward Yruma, KeyBanc Capital Markets analyst, weigh in with the play on Coach.
Call it two-for-two. For the second time in as many months, a London-listed luxury company has warned on its profits, sending a shock wave through the luxury goods sector.
As Asia Slows, Luxury Watchmakers Count on Elite Buyers
A new study says there are 2,725 women in China worth $30 million or more. They are a huge market for luxury marketers — provided the luxury companies predict their desires accurately.
Big fashion brands are fretting over whether to offer their wares on Amazon as its move into clothing forces them to decide if the website is a lucrative new sales channel or a threat to their prestige
Luxury sales in China may slow, as the handbag bingers cut back and China's millionaires become over-extended.
The only American designer of Hermes scarves is a postal worker in Waco, Tex.
Many multinational companies simply create a new product or two specifically for the Chinese market. But the Estée Lauder Companies, which already sells 12 of its 28 cosmetics brands in China, is taking that concept further: adding an entirely new brand. The NYT reports.
"In a normal year before 2008 you’d find 20 percent of the £2 million-plus market was ‘City money’," says a London real-estate agent.
British designer and Middleton sister favorite Alice Temperley sees no signs of a slowdown in Chinese demand for her products. This is a special report from CNBC.com.
Burberry's profit warning signals a broader problem for the luxury market: China's slowdown.
Increasingly frequent auctions for high-end handbags have begun to set records. A Hermes Birkin sold last year for $203,150; blue crocodile version at the same auction sold for $113,525.
Abstract goes here