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  • Dov Charney

    American Apparel has gone through the ringer like a worn out T-shirt. However, its controversial CEO says that not only his clothing, but his business model, will be more durable than anything made in China.

  • There are few sensations that can beat the thrill of a frivolous purchase. After struggling all month to make sure that the rent, bills and car payments are paid in a timely fashion, it can be downright exhilarating to blow a big chunk of change on something unnecessary.Sadly, the thrill passes once the next billing cycle kicks in. That $300 pair of shoes may have seemed like a well-deserved extravagance, but now it’s starting to feel like an ill-advised and anxiety-provoking mistake.The morning

    Billionaires can buy every toy that catches their fancy, including antique cars, jumbo jets, and spaceships. What are some of the toys the world’s billionaires have bought?

  • J.C. Penney vs. Kohls

    JPMorgan is reducing J.C. Penney's F12 same-store sales estimates since sales trends appear softer than anticipated, with the Fast Money traders.

  • neiman_marcus.jpg

    Luxury retailer Neiman Marcus announced plans to launch an ecommerce website in China by year-end to cash in on the country’s strong interest in high-end brands and growing spending power.

  • A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Jiang Qiong’er, Shang Xia’s founder, is determined to help China cast off the inferiority complex that comes of decades of producing cheap trinkets.  If succesful, it could herald the emergence of China as a power to reckon with in the global luxury business and provide a blueprint for other local brands to become globally competitive, the FT reports.

  • Diane Von Furstenberg for GapKids

    Childrenswear is attracting the eye of fashion designers as they launch lines to cater to consumers who want to deck their children out in the latest trends — even if it means paying premium prices.

  • A model walks the runway at the BCBG Max Azria Autumn Winter 2012 fashion show during New York Fashion Week.

    Consumers are in the driver’s seat as retailers move away from wardrobe staples and shift to fashion-forward pieces while planning their upcoming fall inventories, industry analysts said.

  • Tumi Luggage

    Many retailers rung up strong sales during the holiday season, putting them in a position to leverage this success in an initial public offering, said Ted Vaughan, a partner in the retail and consumer products practice of BDO USA. 

  • Nordstrom Off The Rack

    High-end department store Nordstrom is funneling its returned and worn shoes to its Nordstrom Rack outlet stores. A look at what this practice means for the Nordstrom brand. Is there a fine line between being an outlet store and a thrift store?

  • Luxury Spending

    From high heels to high-octane driving, the world of luxury is on fire. CNBC's Courtney Reagan sits down with President of Manolo Blahnik, George Malkemus, to talk about the demand for quality and craftsmanship in their designer shoes. Get a sneak peek at a limited edition Ferrari that sold out in less than an hour!

  • A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Chinese shoppers have become a fixture of the luxury retail scene in the US and Europe, drawn by much cheaper prices than at home. But many upscale brands have yet to bond with China’s million millionaires. The Financial Times reports.

  • Fourteen-year-old Khine Thwin tries on sunglasses at a Hot Topic retail store at the Serramonte Mall in Daly City, CA.

    Australian surfwear company Billabong International said it will sell a stake in its Nixon brand watch brand and close up to 150 stores to fend off a $820 million private equity bid, sending its shares up by more than 50 percent on Friday.

  • Models walk the runway at the BCBG Max Azria Fall 2012 fashion show during Mercedes-Benz Fashion Week.

    If hemlines are reliable predictors of economic or market trends, we may be headed for a slower economy and falling market.

  • Bloggers sit front row at the Rebecca Minkoff Show. From Left to Right: Aimee Song of Song of Style, Christina Cardona of Trop Rouge and Carolina Engman of Fashion Squad.

    Just as blogging platforms and social media gave voice to new tastemakers and opened a door for bloggers participate in collaborations with fashion designers and to sit in the coveted front row at fashion shows, Polyvore is exerting its own force on the industry, and evidence of this was very clear at this week's New York Fashion Week.

  • Makeup artist at Lela Rose show

    With a taste for luxury developed through flash-sale websites, Gen Y shoppers are increasing their spending at full-price online luxury retailers more than any other age group, according to a new report.

  • present

    While Valentine's Day in the U.K. may not be as “in your face” as it is in the U.S., the British are catching on quickly to the American love affair with the commercialized holiday.

  • men-suits-on-mannequins_200.jpg

    If retailers are looking for growth in clothing sales, they might want to focus on men. IBM projects that men’s apparel sales will rise nearly 8.3 percent in the first quarter, far outpacing other retail categories.

  • Jim Cramer’s researcher, Nicole Urken, shows examples of divergence among stocks in the same sector.

  • A BCBG model

    In an industry known for extravagance, simpler designs with a ladylike twist will blanket the Lincoln Center runway at Fashion Week for the Fall 2012 season, industry experts predict.

  • New York Fashion Week kicks off its fall runway shows Feb. 9, and the “Fast Money” traders highlight stocks with pizzazz.