Oleg Nikishin for the IHT
By Liz Alderman
Russia's rapidly developing market, where huge oil wealth has already helped spawn 53 billionaires, requires manufacturers to address cultural sensitivities.
By Sophia Kishkovsky
It's Costco or Carrefour for a Slavic billionaire - the Millionaire Fair is almost a parody of one-stop shopping for the Russian oligarch who has it all. And this year's fair offered art.
By Alison Smale
At the first session of the seventh annual International Herald Tribune conference on luxury, Bernard Arnault, chairman of LVMH, and the designer Tom Ford gave strong emphasis to what is being called "ethical luxury" - the products that define their owners or wearers as people with human and ecological consciences.
By Alison Smale
The IHT's seventh annual luxury conference, held in Moscow, included a Russian model's plea for her charity foundation and some thoughts about the modern Russian woman.
By Jessica Michault
The Russian beauty market has seen a 20 percent annual overall growth in each of the last five years.
By Robb Young
Some of Russia's designers, like Igor Chapurin, are known internationally. But many of the emerging stars are finding that opportunities also are arising in the domestic market.
By Suzy Menkes
While other newly rich countries have evolved slowly, Russia has raced through perestroika, the economic restructuring of the mid-1980s, and through rampant capitalism to reach a relatively sophisticated maturity in looks and lifestyle. From glitz and "bling" to a glamorous independence has been the trajectory of both Moscow's shops and their customers.
By Kyle Jarrard
These days, no festive occasion is minus its eye-catching bottle of Cognac - crystal de rigueur and nestled in a fancy chest - the older and more expensive the better.
By Robb Young

Opening up shop in Russia these days is more like a casting call for luxury brands than the open auditions of yesteryear. Shoppers know what they want and, led by these confident, educated and eagle-eyed consumers, the fawning euphoria that greeted early arrivals like Gucci, Chanel and Cartier in Moscow in the mid-1990s has turned to a more finicky kind of enthusiasm.

By Katie Weisman
Fur is not just for coats anymore. The material has become the new prize for the luxury goods and fashion industries and is being used for everything from tops to trim and from purses to poufs.
By Sophia Kishkovsky
A retail revolution has been sweeping through Moscow. Along with the refurbishment of old department stores, new ones have opened and shopping areas are thriving.
By Nora FitzGerald
The city's emerging electronic music and club scene is different -- and draws a far younger and hipper crowd -- than the large, luxury clubs that were popular during the 1990s.
By Matthew Saltmarsh

Rationing and bread lines are long gone. Now, retailing in Russia is more synonymous with Gucci, Prada or Dior setting up in trendy spots like Moscow's Tretyakovsky proyezd, which boasts Ralph Lauren's flagship store, and luxury malls in swanky suburbs. But there are worries about the political situation and inflation.

By Liza Foreman

From Moscow and St. Petersburg to Hong Kong and Paris - as Russia's place in the modern luxury market continues to grow, so does the reach of its legendary style and culture. Whether you're talking art or nail polish, it's all things Russian.

By Rebecca Voight
Analysts are predicting that over the next five to 10 years, India could become luxury's biggest market.
Residential Properties
By Sophia Kishkovsky

Moscow's most unusual private home is on the market again: a four-story, 342-square-meter house that resembles a huge Fabergé egg, the elaborate jeweled creations associated with the imperial family.

Conference Agenda
The International Herald Tibune convenes its seventh annual luxury business conference in Moscow.

Publishing Partner
Conference Chairwoman
Suzy Menkes
IHT fashion editor
Featured Speakers
Bernard Arnault
Chairman and chief executive, LVMH
Yves Carcelle
Chairman and chief executive, Louis Vuitton
Conference Speakers
Angela Ahrendts
Chief executive, Burberry
Marcello Bottoli
President and chief executive, Samsonite
John Demsey
Group president, The Estée Lauder Companies
Aliona Doletskaya
Editor in chief, Russian Vogue
Melanie Flouquet
JPMorgan
Laurence Graff
Chairman, Graff Diamonds
Fawaz Gruosi
Founder and president, de Grisogono
Mikhail Kusnirovich
Chairman, Bosco di Ciliegi Group
Aerin Lauder
Senior vice president and creative director, Estée Lauder
Sagra Maceira de Rosen
Managing director, Reig Capital Luxury and Retail
Gilles Mendel
Designer and chief executive, J. Mendel
Michele Norsa
Chief executive, Salvatore Ferragamo Italia
Franck Petitgas
Morgan Stanley
Bruno Sälzer
Chief executive, Hugo Boss
Olga Sloutsker
President and founder, World Class Group of Companies
Sidney Toledano
President and chief executive, Christian Dior Couture
François Le Troquer
General manager, Cartier Russia and CIS
Roberto Vedovotto
Lehman Brothers (Europe)
Alla Verber
Vice president, Mercury
Supreme Luxury: Suzy Menkes discusses luxury and fur with Silvia Venturini Fendi.
Supreme Luxury 2007: Suzy Menkes interviews the president and CEO of Christian Dior Couture.
Supreme Luxury 2007: Suzy Menkes meets with the CEO of Burberry.
Supreme Luxury 2007: Suzy Menkes interviews the group president of Estee Lauder Companies Inc.
Supreme Luxury 2007: Suzy Menkes in Moscow with the chairman and CEO of Louis Vuitton.
Supreme Luxury 2007: Suzy Menkes discusses luxury with the chairman and CEO of LVMH.
Supreme Luxury 2007: Suzy Menkes meets with the creator of the Tom Ford group.
Supreme Luxury 2007: Suzy Menkes interviews the Russian supermodel in Moscow.
Supreme Luxury 2007: Suzy Menkes interviews the creative director of Gianni Versace S.p.A.
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