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Marketplace Morning Report
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Marketplace Morning Report

Less than zero

Sep 17, 2019
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Marketplace Morning Report

Rihanna and LVMH announce new luxury fashion house

by Erika Beras May 10, 2019
The 31-year-old star has made history (again).
Rihanna attends the Fenty Beauty by Rihanna anniversary event on October 3, 2018 in Sydney, Australia.
Photo by Caroline McCredie/Getty Images for Fenty Beauty by Rihanna

Peugeot announces return to North American market

by , and Feb 28, 2019
Peugeot is one of the world’s oldest auto brands, but it hasn’t sold cars in the United States for more than 25 years. Now it hopes to bring its je-ne-sais-quoi auto engineering back to North America. Click the audio player…

Young? Hip? Not in the 1 percent? Tell that to your luxury car.

by Jack Stewart Feb 25, 2019
During last night’s Academy Awards broadcast, Mercedes-Benz launched the newest installment of commercials to promote its A series, a car model geared to younger buyers. The commercial targets hip, skeptical shoppers who associate Mercedes with an exclusive, out-of-reach and out-of-touch…
A model poses next to a Mercedes-Benz New A Class at the Seoul Motor Show 2019 at KINTEX on March 28, 2019 in Goyang, South Korea.
(Photo by Chung Sung-Jun/Getty Images)

Remembering Karl Lagerfeld, a creative force in the business of fashion

by Kai Ryssdal and Bennett Purser Feb 19, 2019
The fashion house Chanel announced its creative director died today.
Karl Lagerfeld before the opening of his photo exhibition entitled 'Little Black Jacket' at the Grand Palais in Paris, France on November 8, 2012.
Patrick Kovarik/AFP/Getty Images

Slow sales shed light on how jewelers make money via financing

by Justin Ho Jan 17, 2019
Signet Jewelers, the company behind Kay Jewelers, Jared and Zales, is reporting weak holiday sales figures. Click the audio player above to hear the full story.

Luxury travel experiences are the next big thing from Louis Vuitton

by Ben Bradford Dec 14, 2018
LVMH spends $3.2 billion on a deluxe hotel and travel chain to attract millennial money.
The canal in front of the Hotel Cipriani in the Venice lagoon in 2014.
Pierre Teyssot/AFP/Getty Images

Mid-luxury brands say no to discounted goods

by Erika Beras Jul 31, 2018
Ralph Lauren posts earnings bump by leaning in to full priced products
People walk by Ralph Lauren's Fifth Avenue Polo store on April 4, 2017 in New York City.
Spencer Platt/Getty Images

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A $1 million gun, made from a meteorite

by Dina Gachman Dec 24, 2015
Rare gun collectors should start saving up for some “extra-terrestrial pistols."

The slippery slope of "Made in USA" claims

by Annie Baxter Dec 14, 2015
Watchmakers, who source parts from Switzerland, may face challenges with "Made in USA" claims.