Don't miss

Replay


LATEST SHOWS

TALKING EUROPE

Terrorism, strike actions and migrant crisis: Is the EU becoming less attractive to tourists?

Read more

FOCUS

FRANCE 24 exclusive: The last stand for Libya’s Oil Crescent

Read more

BUSINESS DAILY

Moody's cuts Turkey's credit rating to junk

Read more

IN THE PAPERS

‘Grozny 1999 – Aleppo 2016’

Read more

IN THE PAPERS

Trump and Clinton: 'It's all to play for'

Read more

THE INTERVIEW

Turkish foreign minister says troops to move further into Syria

Read more

EYE ON AFRICA

Court ruling expected on Gabon's contested election results

Read more

MEDIAWATCH

Clinton's comedy turn

Read more

THE WORLD THIS WEEK

From Sarkozy's populist pivot and ‘Bahamas Leaks’, to failed Syria truce and Rome’s Olympic bid (part 2)

Read more

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

BUSINESS DAILY

BUSINESS DAILY

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

2016-09-26 Turkey

Moody's cuts Turkey's credit rating to junk

Turkish authorities blame politics and not economic fundamentals for Moody's downgrade of the country's credit rating to junk. We also bring you the latest on the viewership...

Read more

2016-09-23 Yahoo

Private details of 500 million Yahoo users exposed

Yahoo has announced that the private details of at least 500 million user accounts have been exposed in a massive data breach. This could put the brakes on a takeover deal by US...

Read more

2016-09-22 Rafale fighter jet

India and France agree on €7.8bn deal for 36 Rafale fighter jets

After four years of negotiations, India and France have reached an agreement on the sale of 36 Rafale fighter jets. We take a look back at this deal valued at €7.8 billion and...

Read more

2016-09-21 Japan

Markets rally as Bank of Japan tweaks stimulus

The stock markets have seen gains after the Bank of Japan announced adjustments to its stimulus plan. The central bank kept interest rates unchanged, but announced new targets...

Read more

2016-09-20 Apple

EU competition chief faces critics in Washington

The European Union's Competition Commissioner, Margrethe Vestager, has rejected accusations of anti-American bias in the EU's tax investigations. Ms Vestager was speaking during...

Read more