J.Crew's CEO says that this is the worst retail environment he's seen in 40 years in the business. His strategy? Launch a new, upscale brand called Madewell. more

The $270 billion luxury business thought it was recession-proof. But its growth is slowing, and anxiety is higher than a pair of Jimmy Choo pumps. more

Every city has one - a retail thoroughfare that houses the most exclusive stores. Real estate slowdown or not, these luxury corridors are still thriving - for now, at least. more

After a disastrous acquisition spree, the Milanese fashion house has decided to raise cash by going public. But at what price? more

Fortune's second annual Luxury Portfolio features the moguls, merchants and master craftsmen who are defining the business of luxury. more