CNN’s Max Foster talks to Bruno Pavlovsky, the President of Fashion at Chanel, about the changing luxury industry.

Goldman Sachs Jim O’Neill is encouraged by Hu Jintao’s comments and suggests Barack Obama put growth above politics.

CNN’s Nina dos Santos reports on Monaco’s multi million dollar super yacht industry which is struggling.

Shanghai may be a target for many luxury brands but Chanel, famous for its simple and elegant designs, is keeping its footprint on the city light.