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Haute Couture: the hand-stitched clothing made in Paris that sells for the price of small yachts

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A daily update on the latest business and economic news. From Monday to Friday live at 6.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2013-10-11

French house hunters cash in on Costa Brava

France has the highest number of millionaires in Europe, according to a survey by Credit Suisse. Their wealth is mostly in property, but many French people are now looking to buy in Spain, where house prices have fallen by an average of 36% since 2007. Also, we look at the latest market reaction to hopes of a solution to the US budget stalemate.

By Stephen Carroll

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Archives

2014-07-11 Paris Fashion Week

Rising into the ranks of Haute Couture

Only a chosen few fashion houses are considered worthy of the label 'Haute Couture', a brand controlled by a French federation applying strict standards. We meet one young...

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2014-07-10 India

Budget challenge for India's new government

India's government has outlined its first budget since being elected in May. The measures announced include raising the cap on private investment in the insurance and defence...

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2014-07-09 French economy

Does high fashion make anyone money?

High fashion, or haute couture, is an expensive business. Intricate, hand-made designs are displayed at spectacular catwalk shows, but attract very few buyers. As the...

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2014-07-08 Argentina

Perfume makers to tweak scents over EU rules

Perfume makers in Europe are preparing to change the ingredients of several well-known fragrances to comply with new EU anti-allergy rules. The European Commission has banned...

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2014-07-07 Angela Merkel

Merkel in China to boost economic ties

German Chancellor Angela Merkel is on her seventh official visit to China, and it's all about business. The two countries are among the world's largest exporters and are looking...

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