Luxury makers are restrained in their capacity to diversify creations, says Mr Bamberger, and Cartier has no plans to expand its products range outside expensive watches and jewellery. "We could not make haute couture. Our legacy is not making handbags.

Making products ranging from bicycles to luxury watches and "sleeping bag" coats designed for the homeless, these small firms have tapped into a surprising amount of demand for goods made in a city more commonly associated today with failure and …

Neckarsulm, Germany – The luxury market is an interesting beast, from watches and purses to alcohol and of course luxury automobiles. A segment developed purely by a marketing force that has convinced society that they need the very best. Of course as …

There the glittering world of tuxedos, ball gowns and the luxury German automobiles seems almost to be on another planet – or in one of the faraway locales in Castorf's staging. "Wagner is the German state, and the hill and the baths," a man who gave …

There the glittering world of tuxedos, ball gowns and luxury German automobiles seems almost another planet–or one of the far away locales in Castorf's staging. "Wagner is the German state, and the hill and the baths," a man who gave his name only as …

Allentown Classic Motor Cars, which manages an approximately 80-car collection owned by Nicola Bulgari (a member of the family behind Italian luxury jewelry brand Bulgari), has three woodies on display. "We try to get local cars on exhibit as much as …

The last updates before Friday's all important update on the US job market in July looked pretty darn good. Weekly claims for unemployment insurance fell to their lowest level since before the financial crisis was a twinkle in Ben Bernanke's eye. (They …

Overall, the data allayed fears that the global economy's mid-year lull would deepen, although much still hinges on how many jobs the U.S. economy added in July. That data is due Friday, and economists polled by Reuters expect a 184,000 gain in …

Tokyo – A failure of the economic policies promoted by Japanese Prime Minister Shinzo Abe would take a toll on the global economy, the International Monetary Fund (IMF) said late Thursday. Abe has advocated aggressive monetary easing steps to …