Don't miss

Replay


LATEST SHOWS

ENCORE!

Paris's Louis Vuitton Foundation showcases contemporary African art

Read more

#THE 51%

Sparking an outrage: Saudi Arabia elected to UN commission on women's rights

Read more

THE CAMPAIGN BEAT

National Front's new leader steps down over Holocaust remark

Read more

DOWN TO EARTH

How green is ecotourism?

Read more

BUSINESS DAILY

Trump says he won't scrap NAFTA right away, opens negotiations

Read more

IN THE PAPERS

Barack Obama under fire over $400,000 speaking gig

Read more

IN THE PAPERS

Teacher's pet vs party girl: Macron and Le Pen's younger years

Read more

EYE ON AFRICA

Hissene Habré trial: Senegal court upholds life sentence for Chad's ex-leader

Read more

MEDIAWATCH

Trump's first 100 days, Simpsons style

Read more

BUSINESS DAILY

A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

Latest update : 2014-07-09

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 fashionistas descend on Paris for Fashion Week, we look at how brands like Chanel make money from these flagship creations. Also today: the incredible salaries paid to summer interns in Silicon Valley.

By Stephen CARROLL

COMMENT(S)

Archives

2017-04-28 NAFTA

Trump says he won't scrap NAFTA right away, opens negotiations

US President Donald Trump backtracks on scrapping the NAFTA trade deal with Mexico and Canada, saying he's willing to renegotiate it instead. Also today, earnings season is in...

Read more

2017-04-27 Donald Trump

Trump's tax plan is 'too thin and too late'

The White House unveiled its long-awaited tax reform plan on Wednesday, including massive cuts to corporate tax. Naeem Aslam of Think Markets tells us the plan is "too thin [on...

Read more

2017-04-26 Justin Trudeau

Trump vs Trudeau: Rising trade tensions between US and Canada

Canada's Prime Minister, Justin Trudeau, spoke to Donald Trump by phone on Tuesday to discuss the rising trade tensions between the two countries. The US and Canada have clashed...

Read more

2017-04-25 Donald Trump

US in budget showdown over Trump's border wall

Donald Trump's insistence on funding a border wall is leading the US into a budget showdown that could shut down the federal government - we tell you more. Also, French carmaker...

Read more

2017-04-21 USA

Trump launches probe into foreign steel

US President Donald Trump launches a probe into foreign steel, which he says could be threatening national security. Also today, French farmers are drawn to political extremes...

Read more