May 26- For Alan Feid, a 28- year-old looking to buy an engagement ring for his fiancée, the rings he found in the diamond district in Manhattan were just as good as the ones he saw at Tiffany& Co's flagship store on Fifth Avenue. "At the end of the day, I don't think there's much of a difference when it comes to the style or the quality," said Feid, a resident of Jersey City, New... » Read More
MOSCOW, May 24- Bulgari, the flagship jewelry brand of luxury group LVMH, plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market. "Perhaps 10 years down the road we will have five-six boutiques in Russia: three Moscow four, perhaps; one in St Petersburg; and one or two in two other cities," he said at the...
"FMHR" traders and brothers Jon and Pete Najarian give the bullish and bearish cases on Tiffany & Co.
Marjorie Yang and Dee Poon agree on most things at the Esquel Group, including - importantly - the best way to button a shirt.
Jharonne Martis, director of consumer research at Thomson Reuters, says while Burberry is popular among Chinese consumers, its merchandise is not as resilient as other luxury makers in the market.
Looking at Burberry’s latest earnings, Michelle McGrade, chief investment officer at TD Direct Investing, says the designer has to find a way to maintain being the “brand that everyone wants to buy.”
*Global stock gauge paces to best day in 3 weeks. *Japan reiterates readiness to intervene on yen. NEW YORK, May 10- Stock markets around the world rallied on Tuesday, helped by solid corporate earnings reports and higher oil prices supporting energy shares, while the yen again retreated sharply against the dollar.
LONDON, May 10- European shares advanced on Tuesday, with Danish jewelry maker Pandora surging after strong results and Swiss bank Credit Suisse gaining after its smaller than expected first quarter loss. The FTSEurofirst 300 index was up 1 percent by 0805 GMT, while Greek shares rose 2 percent after euro zone finance ministers offered to grant Greece some debt...
LONDON, May 10- World stock markets rose on Tuesday, helped by some solid corporate earnings in Europe and a new pledge by Japan that it was prepared to step in to weaken its yen currency. European stock markets built on positive momentum from earlier on in Japan, where the Nikkei rose 2.2 percent after Japan's Finance Minister Taro Aso reiterated his resolve to...
LONDON, May 10- European shares advanced on Tuesday, with Danish jewelry maker Pandora surging after strong results and Swiss bank Credit Suisse gaining following its smaller than expected first quarter loss. The pan-European FTSEurofirst 300 index was up 1.1 percent by 0720 GMT, adding to a 0.5 percent rise in the previous session. Although it saw tough market...
Kate Spade's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Coach, which has been trying to regain its cachet in the luxury handbag market, reported its first growth in quarterly profit in three years.
The head designer of label Alexander McQueen is being sued for allegedly stealing ideas for Kate Middleton's wedding dress.
Under Armour beat earnings on Thursday, but Morningstar's Paul Swinand said he's wary of the company's costs and efficiency.
Check out the Rafael Nadal Richard Mille watch made for tennis star Rafael Nadal, with CNBC's Robert Frank.
Maria Hatzistefanis, president and founder at The Rodial Group, says selling exports would be a key challenge if the U.K. left the European Union.
Maria Hatzistefanis, president and founder at The Rodial Group, discusses how celebrity endorsements help sales of skincare and make-up products.
LONDON, April 15- Bulgari, the flagship jewelry brand of luxury industry leader LVMH, sees growth picking up in the second half of the year after sales suffered following the attacks in Paris in November. "If we keep that traction through the summer, the second half could indeed be much stronger in terms of growth rate," Chief Executive Jean-Christophe Babin told...
This "vivid pink" diamond has the highest possible grading from the Gemological Institute of America. How much do you think it will sell for?
Citigroup added Kate Spade to its focus list, and raised their price target on the stock. Kate McShane, Citi analyst, provides insight to the call.
While Jim Lebenthal of Lebenthal Asset Management believes in the bull case for Tiffany, the FMHR traders are not too sure. Stephanie Link, TIAA Equities, thinks there is "not enough visibility" on Tiffany in the next two quarters.