Two demographic segments -- Ultra-affluents and young affluents -- will lead the luxury market out of the recession, while more mature Baby Boomer affluents will continue to be thrifty ...

Billionaire Ronald Burkle is angling to take a controlling stake in Barneys New York, people familiar with the situation said, a bet that the company and battered luxury retail sector have seen the...

A restructuring plan states that 350 jobs will be cut by June

Asher Edelman, a former corporate raider, is shaking up the art market with brash tactics and big plans.

It looks like Christie's agrees with me (or, I agree with Christie's): the art market is going to recover this year. The auction house, which is bringing some powerful inventory under the gavel at...

Reuters Group discounting startups lure investors Reuters Gilt Groupe, based in New York, raised $43 million in August from Matrix and General Atlantic to build a private online shopping community...

With advertising still struggling, the WSJ is expanding its commerce offerings by getting into travel services. The site, WSJ Travel, will sell and promote vacation packages. Dow Jones (NYSE: NWS),...

Christian Dior, one of the largest fashion houses in the world, is all set to open its first store in Mumbai at the Taj Mahal Palace Model & Towers shortly. (Economic Times)

Martini Media Network, an ad network geared toward affluent consumers started in the not-so-affluent 2008, has acquired Decision Maker Media, an ad networks also focused on similar audiences....

Beyond the Rack, a private sample sale site, has raised $2 million in funding from Oleg Tscheltzoff and Oliver Jung, and Montreal Start Up. This brings the startup’s total funding to $4.5...

WealthTouch Inc. Chief Executive Norman Jones wants to help wealthy families keep better track of their money.

Firm to cut 350 jobs.

The Los Angeles duo that co-founded Juicy Couture is taking a vacation -- for good. Gela Nash-Taylor and Pamela Skaist-Levy, who made a fortune turning women's sweatsuits into a fashion statement,...

Consumers snapped up fewer cosmetics and beauty products in Japan and other countries.

LVMH Moët Hennessy Louis Vuitton Inc. and Parsons The New School for Design are teaming up to shine some light on artisans.

Tod’s SpA said that 2009 consolidated revenues inched up 0.8 percent to 713.1 million euros, or $991.2 million.

Design store owners from around the country talk about what has sold during the recession, what hasn’t and what they’re stocking up on for the coming year.

Between the down economy and the collapse of Christian Lacroix's label, what will happen to Paris' fabled luxury lines? Robert Murphy on French fashion week and the future of couture. Paris' haute...

and Russell Adams Media executives continued to weigh in on whether Apple’s iPad is the savior of the media business, the destroyer, or, like a high-school cheerleader, the mercurial gatekeeper of...

Audi, the luxury carmaker, has created a series of social media programs to buttress its third Super Bowl ad.