China Leads World in Luxury Attitude and Spending

Affluent consumers in the U.S. and much of the world are pulling back on their spending and attitude toward luxury. However, in China, affluent consumers are choosing luxury in every aspect of the lives, according to a seven-country survey of households earning at least $150,000.About 57 percent of wealthy Chinese shoppers say that the economic environment has prompted them to spend more on

Gitanjali Buys 90% Stake in Italian Firm

Gitanjali Gems Ltd., an Indian diamond and jewelry manufacturer, retailer and distributor, said it now owns a majority stake of Italian firm Giantti Italia S.R.L., according to media reports.

The company acquired 90 percent stake in Milan-based company from its Dubai-located wholly owned subsidiary, Gitanjali Ventures DMCC, the company reportedly said in a filing with the Bombay Stock Exchange

Classic Beauties With a Modern Twist

These days, it seems as though people cannot get enough of celebrities! Though the paparazzi madness has recently reached great heights, celebrity worship is really nothing new. Sophia Loren and Raquel Welch are celebrity icons of a past era, but still remain to look fabulous today.

Sophia Loren was born in 1934 in Italy, but quickly became an international sex symbol. These days, it appears as though Ms. Loren may have undergone a rhytidectomy, or face lift, as her hairline is set further back than when she was younger.

Even if you are too young to truly recall Raquel Welch in her prime, most remember her posing in a loin cloth in 1966's One Million B.C. Today at the age of 68, she continues to look as gorgeous as ever! She may also have undergone a facelift to keep her face looking youthful.

Both Sophia Loren and Raquel Welch may have had injectables like Botox or Juvederm to try to remedy wrinkles and fine lines.

No matter what these celebs may have, they continue to look fabulous. Though it has been years since either one of them posed in loin cloth, they will always be remembered as celebrity icons.