Luxury fashion brand Burberry is to make its runway collections available to shoppers immediately.» Read More
*3rd qtr sales of $1.40 bln vs est. Sees 2016 revenue of $4.65 bln. Shares of the handbag and accessories maker jumped 16 percent to $46.80 in premarket trading on Tuesday.
Sneaker sales nearly doubled at Under Armour and the stock is having its best day in two years after reporting a slam dunk quarter. Kate Moore, JPMorgan Private Bank chief investment strategist, and the FMHR traders discuss.
The upscale jeweler reported a sharp decline in holiday season sales and cut jobs.
The socially active designer built his brand around "more than hem lengths and heel heights" for a more sustainable business.
*Europe stocks off lows as China suspends circuit breakers. *Miners and car stocks hit hard by China worries. MILAN/ LONDON, Jan 7- European shares fell sharply on Thursday after China accelerated the depreciation of the yuan, but came off lows after the Chinese securities regulator said it would suspend its new stock market circuit breaker mechanism.
From "Deflategate" to the first Triple Crown in 37 years, sports generated some of the most memorable story lines in 2015.
Diamond sales are only expected to rise a maximum 2% in 2015
Prada reported a 38 percent fall in quarterly profit on Tuesday, hit by slumping sales in Greater China as the country's economic growth slowed.
Dec 10- What better way to celebrate the sun setting on the Federal Reserve's zero interest rate policy, that great inflater of asset prices, than with an auction of $100,000 used handbags? That's the plan over at Christie's, which is holding its inaugural live auction of Handbags& Accessories to be held Friday in New York. One bag is estimated to fetch $100,000 to...
CNBC's Robert Frank and Christie's Caitlin Donovan take a look at the world's most expensive handbags.
Animal rights group PETA may've hit its hardest market: Hong Kong.
The gold and diamonds of Cartier are so popular with women that the brand is finding it difficult to market watches to men.
Chua Cheng Xun, MD for Hong Kong Zalora, explains how 12.12 Online Fever is an industry-wide initiative to promote e-commerce.
Mercedes Abramo, Cartier N.A. CEO, reveals Cartier's dazzling diamond and gem collection, and weighs in on the pulse of the luxury consumer.
Alexis Zirah, co-founder of Luxify, explains that shoppers can get anything from luxury homes to yachts on the online luxury marketplace.
Nov 24- Upscale jeweler Tiffany& Co reported a surprise drop in quarterly sales as a strong dollar hurt tourist spending in the United States and reduced the value of sales from other markets. Tiffany, known for its Fifth Avenue flagship store in Manhattan, has been revamping its fine jewelry lines and expanding its silver jewelry offerings to attract shoppers.
Nov 24- Upscale jeweler Tiffany& Co's quarterly sales fell 2.2 percent as a strong dollar hurt tourist spending in the United States and reduced the value of sales from other markets. The company's net income rose to $91 million, or 70 cents per share, in the third quarter Oct. 31 from $38.3 million, or 29 cents per share, a year earlier. Revenue fell to $938.2 million...
*Gold shorts forced to cover as prices bounce off near 6- yr low. NEW YORK/ LONDON, Nov 20- Gold turned lower on Friday, ending a two-day bounce up from the lowest level in nearly six years, on the firm dollar and comments from a Federal Reserve policy maker who said the U.S. central bank should "soon" be ready to raise interest rates. Gold prices were pressured by Dudley's...
Former New York Yankee Derek Jeter is in a legal battle with Revolutionwear over a dispute regarding underwear promotion.
*Gold lending has soared as tight credit limits traditional loans. The top four Chinese banks alone have up to 443.4 billion yuan tied up in gold leasing, so any pull back could cut China's imports and hit global bullion prices that are already languishing at the lowest in more than five years. Bank of China, the country's fourth-biggest lender by assets, has seen at...